10 Pro-Life Companies to Invest In Now

7. Texas Pacific Land Corporation (NYSE:TPL)

Number of Hedge Funds: 28

Texas Pacific Land Corporation (NYSE:TPL) is one of the largest landowners in Texas, operating primarily through two business segments: Land and Resource Management and Water Services and Operations. The company generates revenue by leasing land for oil and gas exploration, collecting royalties, and providing water sourcing and treatment services, predominantly in the Permian Basin.

In Q4 2024, Texas Pacific Land Corporation (NYSE:TPL) reported a net income of $118.4 million, an increase from $106.6 million in the previous quarter. Total revenues rose to $185.8 million, up from $173.6 million, driven by higher easements and surface-related income, as well as increased oil and gas royalty revenues. The company also achieved a record free cash flow of $461 million for the year, marking an 11% increase from the previous year. ​

In November 2024, Texas Pacific Land Corporation (NYSE:TPL) was added to the S&P index, replacing Marathon Oil. Despite a recent stock price rally, TPL remains approximately 25% below its 52-week high of $1,769.14. The company delivered strong gains of over 260% in the past two years. TPL’s stock has been highlighted for its aggressive upward momentum, reflecting a solid shareholder base and minimal pullbacks.

The average price target for Texas Pacific Land Corporation (NYSE:TPL) stands at $1,300, with analysts maintaining a “Hold” rating on the stock. Institutional investors dominate ownership, holding 71% of the company’s shares. However, a significant number of insider sales might be a cause for caution, with the most recent sale by Michael Dobbs marking the largest sale in TPL’s recent trading activity.