19 Mid- And Large-Cap Stocks Insiders Are Buying After Trump’s Tariff Rollout

16. Texas Pacific Land Corporation (NYSE:TPL)

Market Cap: $28.67 billion

Texas Pacific, founded in 1888, manages land and resources while providing water services in the Permian Basin. Its operations include land leasing, oil and gas royalties, easements, and sales of materials like sand and caliche. The Dallas, Texas-based company also offers water sourcing, treatment, and disposal solutions, and holds significant royalty interests across hundreds of thousands of acres. It is also one of the 10 pro-life companies to invest in now.

In Q4 2024, Texas Pacific posted a net income of $118.4 million, up from $106.6 million in the prior quarter. Revenue grew to $185.8 million, boosted by gains in easements and oil and gas royalties. For the full year, the company generated a record $461 million in free cash flow, an 11% increase year over year. Total revenues for the year were $705.8 million compared to $631.6 million for 2023.

In April, one insider, a director at Texas Pacific, Murray Stahl, made 48 purchases, acquiring a total of $106,498 worth of the company’s shares at an average price of $1,138.34 per share. From April 2 to April 4, the stock had a sharp drop of 22.42%, closing the session at $1,079.00 per share, the lowest it had hit in about six months. Over the past 12 months, Texas Pacific shares returned 113.65% to its investors, currently trading at $1,247.53 per share.

One analyst has given TPL stock a “Strong Buy” rating with a 12-month price target of $917, according to StockAnalysis.