Texas Pacific Land Up 127% in 2024: Can It Deliver in 2025?
Portfolio Pulse from
Texas Pacific Land (TPL) achieved a record in Q3 2024 with oil and gas royalty production reaching 28,300 barrels of oil equivalent per day. The stock is up 127% in 2024, raising questions about its performance in 2025.
December 27, 2024 | 4:30 pm
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Texas Pacific Land (TPL) reported a record oil and gas royalty production in Q3 2024, contributing to a 127% stock increase this year. Investors are questioning if this growth can continue into 2025.
The record production levels in Q3 2024 have significantly boosted TPL's stock price by 127% this year. This strong performance suggests positive momentum, likely leading to continued investor interest and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100