Texas Pacific Land Corporation (TPL) earnings on May 6, 2026

After the market closes Q1 2026

More Texas Pacific Land Corporation earnings

Prior outlook: Pessimistic Outcome: Accurate

The stock jumped as much as 8% during the market review day after earnings were released, but then fell and closed about 5% lower.

TPL price around the earnings

401.00

Change: -4.7%

2026-05-07, 23:22 UTC

Start of the measured window End of the measured window
396.76 414.98 433.20 451.42 420.66
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)No trading (market closed)
May 6, 2026 May 7, 2026 May 7, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published

Strong negative outlook, price likely to fall.

This company has been performing much worse than the market, missing its earnings targets consistently. There are no upcoming events or news expected to help turn things around.

Context analyzed before publication

Summary
Strong negative outlook, the scenario reads pessimistic.
Playbook
The consistent underperformance and lack of positive news present a challenging scenario. The company's outlook is unfavorable compared to peers with more positive recent developments.
Trend
Severe sell-off into earnings, weak bounce.

Analysts

Evidence

Analysts covering the stock
2
Average price target
445.5
Lowest price target
252
Highest price target
639
Upside to price target
7.1%
Quarterly earnings growth
4.2%
Revenue growth
13.9%
Forward EPS
73.12
Trailing EPS
6.97
Analyst moves in the last 60 days
0
  • Strong buy: 0
  • Buy: 1
  • Hold: 0
  • Sell: 1
  • Strong sell: 0
Strong buy
0
Buy
1
Hold
0
Sell
1
Strong sell
0

News and sentiment

Drivers

  • News & sentiment Neutral

    There are no significant news items or events expected that could positively influence the stock price. Current news does not offer any support against the negative price action.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (1)
  • If You Invested $1000 In Texas Pacific Land Stock 5 Years Ago, You Would Have This Much Today — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock has significantly underperformed the market over the last month. This suggests strong negative price movement compared to the broader market.

Evidence

Average true range (ATR)
3.4%
Distance to 52-week high
-24.0%
14-day change (14d)
-1.6%
30-day change
-21.5%
30-day relative strength
-33.6%
Benchmark change
+12.0%
Nearest support
370.64
Nearest resistance
541.47
Volume accumulation ratio
0.56

Trends

Evidence

Average earnings surprise
-23.4%
  • February 18, 2026: actual EPS 1.79 vs estimate 3.6 (surprise -50.2%)
  • November 5, 2025: actual EPS 1.76 vs estimate 1.92 (surprise -8.7%)
  • August 6, 2025: actual EPS 1.68 vs estimate 2.32 (surprise -27.4%)
  • August 7, 2024: actual EPS 1.66 vs estimate 1.79 (surprise -7.1%)

Expected move

Drivers

  • Past earnings Negative

    The company has a history of missing earnings expectations. Historically, earnings reports have tended to be disappointing.

There is no implied-move data available for this event.

Reactions over its last 16 earnings

Median move
6.9%
75th percentile move
9.8%
90th percentile move
10.3%
Up / down moves
11 / 5
Average up move
+6.3%
Average down move
-7.5%

Monitoring and close

What Texas Pacific Land Corporation reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Accurate
Consolidated
-5.1%
Max favorable move (MFE)
5.6%
Max adverse move (MAE)
7.7%