Texas Pacific Land Corp. Stock Slides 6.1%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Texas Pacific Land Corp. slid 6.1% to $342.77 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.

The stock's fall snapped a two-day winning streak.

Texas Pacific Land Corp. closed 37.4% below its 52-week high of $547.20, which the company achieved on February 23rd.

The stock underperformed when compared to some of its peers, as EOG Resources Inc. fell 0.2% to $143.14, Devon Energy Corp. fell 1.2% to $44.86, and Occidental Petroleum Corp. fell 0.86% to $58.55.

Trading volume totaled 496,318, compared to the 50-day average of 392,434.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 12, 2026 16:33 ET (20:33 GMT)