Price to Earnings (P/E)
since 2005
Calculation
Texas Pacific Land Corp., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 28.78 | = | 507.46 | ÷ | 17.63 | 17.63 | = | 405,645 | ÷ | 23,005,266 | |
| Feb 22, 2023 | 30.84 | = | 596.28 | ÷ | 19.33 | 19.33 | = | 446,362 | ÷ | 23,086,488 | |
| Feb 23, 2022 | 29.04 | = | 337.37 | ÷ | 11.62 | 11.62 | = | 269,980 | ÷ | 23,236,125 | |
| Feb 25, 2021 | 48.98 | = | 370.62 | ÷ | 7.57 | 7.57 | = | 176,049 | ÷ | 23,268,468 | |
| Feb 27, 2020 | 16.50 | = | 226.07 | ÷ | 13.70 | 13.70 | = | 318,728 | ÷ | 23,268,468 | |
| Feb 28, 2019 | 27.51 | = | 247.87 | ÷ | 9.01 | 9.01 | = | 209,736 | ÷ | 23,281,242 | |
| Feb 28, 2018 | 55.22 | = | 179.69 | ÷ | 3.25 | 3.25 | = | 76,361 | ÷ | 23,464,797 | |
| Feb 28, 2017 | 63.54 | = | 99.50 | ÷ | 1.57 | 1.57 | = | 37,240 | ÷ | 23,781,942 | |
| Feb 29, 2016 | 22.06 | = | 45.33 | ÷ | 2.05 | 2.05 | = | 50,039 | ÷ | 24,354,192 | |
| Feb 27, 2015 | 33.29 | = | 46.36 | ÷ | 1.39 | 1.39 | = | 34,765 | ÷ | 24,967,197 | |
| Feb 28, 2014 | 42.37 | = | 45.37 | ÷ | 1.07 | 1.07 | = | 27,219 | ÷ | 25,419,606 | |
| Mar 11, 2013 | 26.36 | = | 19.63 | ÷ | 0.74 | 0.74 | = | 19,648 | ÷ | 26,385,774 | |
| Mar 12, 2012 | 20.64 | = | 15.44 | ÷ | 0.75 | 0.75 | = | 20,595 | ÷ | 27,526,242 | |
| Mar 11, 2011 | 37.51 | = | 14.81 | ÷ | 0.39 | 0.39 | = | 11,309 | ÷ | 28,645,332 | |
| Mar 12, 2010 | 40.36 | = | 9.40 | ÷ | 0.23 | 0.23 | = | 6,914 | ÷ | 29,683,542 | |
| Mar 16, 2009 | 18.53 | = | 6.62 | ÷ | 0.36 | 0.36 | = | 10,940 | ÷ | 30,618,438 | |
| Mar 14, 2008 | 42.60 | = | 11.17 | ÷ | 0.26 | 0.26 | = | 8,250 | ÷ | 31,465,125 | |
| Mar 15, 2007 | 44.39 | = | 16.13 | ÷ | 0.36 | 0.36 | = | 11,570 | ÷ | 31,838,625 | |
| Mar 16, 2006 | 35.75 | = | 9.40 | ÷ | 0.26 | 0.26 | = | 8,513 | ÷ | 32,378,625 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Texas Pacific Land Corp. Annual Report.
Comparison to Competitors
Texas Pacific Land Corp., P/E, long-term trends, comparison to competitors
| Texas Pacific Land Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|
| Feb 21, 2024 | 28.78 | 13.42 | 11.92 | 11.49 | 13.36 |
| Feb 22, 2023 | 30.84 | 8.71 | 7.07 | 8.01 | 4.24 |
| Feb 23, 2022 | 29.04 | 16.81 | 14.66 | 14.11 | 23.89 |
| Feb 25, 2021 | 48.98 | — | — | — | — |
| Feb 27, 2020 | 16.50 | 70.06 | 8.77 | 15.64 | — |
| Feb 28, 2019 | 27.51 | 15.30 | 12.60 | 16.15 | 12.08 |
| Feb 28, 2018 | 55.22 | 22.83 | — | 16.28 | 39.87 |
| Feb 28, 2017 | 63.54 | — | — | 42.80 | — |
| Feb 29, 2016 | 22.06 | 35.02 | — | 20.96 | — |
| Feb 27, 2015 | 33.29 | 10.61 | 12.03 | 11.56 | 99.82 |
| Feb 28, 2014 | 42.37 | 10.04 | 8.91 | 12.71 | 12.93 |
| Mar 11, 2013 | 26.36 | 8.61 | 8.49 | 8.94 | 14.33 |
| Mar 12, 2012 | 20.64 | 7.96 | 7.60 | 10.03 | 12.54 |
| Mar 11, 2011 | 37.51 | 10.77 | 9.89 | 13.89 | 18.26 |
| Mar 12, 2010 | 40.36 | 13.81 | 14.78 | 15.92 | 22.01 |
| Mar 16, 2009 | 18.53 | 5.29 | — | 7.42 | 5.96 |
| Mar 14, 2008 | 42.60 | 9.89 | 10.59 | 11.78 | 11.21 |
| Mar 15, 2007 | 44.39 | 8.63 | 7.09 | 10.33 | 9.28 |
| Mar 16, 2006 | 35.75 | 9.04 | 6.31 | 10.03 | 7.06 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Texas Pacific Land Corp., P/E, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Texas Pacific Land Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Feb 21, 2024 | 28.78 | 12.23 |
| Feb 22, 2023 | 30.84 | 7.69 |
| Feb 23, 2022 | 29.04 | 15.38 |
| Feb 25, 2021 | 48.98 | — |
| Feb 27, 2020 | 16.50 | 22.22 |
| Feb 28, 2019 | 27.51 | 15.03 |
| Feb 28, 2018 | 55.22 | 22.05 |
| Feb 28, 2017 | 63.54 | 207.70 |
| Feb 29, 2016 | 22.06 | 69.95 |
| Feb 27, 2015 | 33.29 | 12.22 |
| Feb 28, 2014 | 42.37 | 11.39 |
| Mar 11, 2013 | 26.36 | 9.08 |
| Mar 12, 2012 | 20.64 | 9.24 |
| Mar 11, 2011 | 37.51 | 12.59 |
| Mar 12, 2010 | 40.36 | 15.66 |
| Mar 16, 2009 | 18.53 | 9.49 |
| Mar 14, 2008 | 42.60 | 11.09 |
| Mar 15, 2007 | 44.39 | 9.23 |
| Mar 16, 2006 | 35.75 | 8.87 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Texas Pacific Land Corp., P/E, long-term trends, comparison to industry (energy)
| Texas Pacific Land Corp. | Energy | |
|---|---|---|
| Feb 21, 2024 | 28.78 | 12.52 |
| Feb 22, 2023 | 30.84 | 8.11 |
| Feb 23, 2022 | 29.04 | 15.92 |
| Feb 25, 2021 | 48.98 | — |
| Feb 27, 2020 | 16.50 | 42.93 |
| Feb 28, 2019 | 27.51 | 15.61 |
| Feb 28, 2018 | 55.22 | 27.13 |
| Feb 28, 2017 | 63.54 | 527.67 |
| Feb 29, 2016 | 22.06 | 64.02 |
| Feb 27, 2015 | 33.29 | 12.81 |
| Feb 28, 2014 | 42.37 | 11.89 |
| Mar 11, 2013 | 26.36 | 9.68 |
| Mar 12, 2012 | 20.64 | 9.84 |
| Mar 11, 2011 | 37.51 | 13.56 |
| Mar 12, 2010 | 40.36 | 16.28 |
| Mar 16, 2009 | 18.53 | 9.48 |
| Mar 14, 2008 | 42.60 | 11.63 |
| Mar 15, 2007 | 44.39 | 9.74 |
| Mar 16, 2006 | 35.75 | 9.58 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).