TPL - Texas Pacific Land Corporation
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas.
As of May 15, 2026: spot at $385.68, ATM IV 44.9%, max pain $400.00, net GEX -$384.9K.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Market Cap
- $26.66B
- P/E Ratio
- 52.92
- Beta
- 0.68
- 52-Week Range
- 269.23334-547.2
- Dividend Yield
- $2.20
- CEO
- Tyler Glover
- Employees
- 111
- IPO Date
- Mar 17, 1980
- Exchange
- NYSE
What TPL Looks Like to Options Traders Today
IV rank of 39.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$384.9K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.004) is roughly flat across the wings.
What This Page Covers
The TPL overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked TPL overview questions
- What is TPL?
- TPL is the ticker symbol for Texas Pacific Land Corporation, a listed security. Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. Listed on NYSE. TPL is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the TPL options snapshot look like today?
- As of May 15, 2026, the TPL options snapshot shows spot at $385.68, ATM IV 44.9%, IV rank 39.5%, max pain $400.00, net GEX -$384.9K, expected move 12.87%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are TPL's key statistics?
- Texas Pacific Land Corporation (TPL) carries a market capitalization of $26.66B, trailing P/E ratio of 52.92, beta of 0.68 relative to the broader market, 52-week range of 269.23334-547.2. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does TPL belong to?
- Texas Pacific Land Corporation operates in the Energy sector, in the Oil & Gas Exploration & Production industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare TPL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the TPL data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).