Texas Pacific Land Corp. Stock Rises 4.0%, Outperforms Peers

Dow Jones09-22 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Texas Pacific Land Corp. rose 4.0% to $366.80 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.5% to 7,764.70 and the Dow Jones Industrial Average rising 0.7% to 52,048.83.

This was the stock's second consecutive day of gains.

Texas Pacific Land Corp. closed 33.0% short of its 52-week high of $547.20, which the company reached on February 23rd.

The stock outperformed some of its peers, as EOG Resources Inc. fell 2.0% to $141.38, Devon Energy Corp. fell 2.1% to $47.59, and Occidental Petroleum Corp. fell 2.70% to $57.25.

Trading volume totaled 597,201, compared to the 50-day average of 361,724.

Data source: Dow Jones Market Data, FactSet

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