TPL Texas Pacific Land (TPL) Insider Trading, Ownership & Congress Trades
Investment Vehicles · Oil royalty traders · CIK 0001811074
Form 144 · 1
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
445
13F, latest reported quarter
What the filings say about TPL
Insiders, 180 days
-$1.6M net sold
2 buyers · 1 seller · 0% of sales under a 10b5-1 plan
Congress, 1 year
No trades
Last one: sale, 2025-08-13
Planned sales (Form 144), 90 days
$74.9K
1 notice
Texas Pacific Land insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Texas Pacific Land Corp insiders sold a net $1.6M of stock across 3,389 Form 4 purchases and sales, with 2 insiders buying. Source: SEC Form 4 filings, as of 2026-10-29.
Insider
Filed
Shares
Value
Since filing
Context
- 1844 earlier Form 4 trades (code P or S) here by this insider (1844 buys), the last on Sep 28, 2026.
- The trade is 0.0% of the 3,364,203 shares held after it.
- 1 other insider bought within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider HORIZON KINETICS ASSET MANAGEMENT LLC bought about $1.4K of TPL on Sep 29, 2026; 1 other insider bought within 30 days and 445 funds added in the latest 13F quarter.Context
- 1843 earlier Form 4 trades (code P or S) here by this insider (1843 buys), the last on Sep 25, 2026.
- The trade is 0.0% of the 3,390,856 shares held after it.
- 1 other insider bought within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider HORIZON KINETICS ASSET MANAGEMENT LLC bought about $340 of TPL on Sep 28, 2026; 1 other insider bought within 30 days and 445 funds added in the latest 13F quarter.Context
- 1842 earlier Form 4 trades (code P or S) here by this insider (1842 buys), the last on Sep 24, 2026.
- The trade is 0.0% of the 3,390,855 shares held after it.
- 1 other insider bought within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider HORIZON KINETICS ASSET MANAGEMENT LLC bought about $340 of TPL on Sep 25, 2026; 1 other insider bought within 30 days and 445 funds added in the latest 13F quarter.Context
- 1841 earlier Form 4 trades (code P or S) here by this insider (1841 buys), the last on Sep 23, 2026.
- The trade is 0.0% of the 3,390,854 shares held after it.
- 1 other insider bought within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider HORIZON KINETICS ASSET MANAGEMENT LLC bought about $340 of TPL on Sep 24, 2026; 1 other insider bought within 30 days and 445 funds added in the latest 13F quarter.Context
- 1840 earlier Form 4 trades (code P or S) here by this insider (1840 buys), the last on Sep 22, 2026.
- The trade is 0.0% of the 3,390,853 shares held after it.
- 1 other insider bought within 30 days.
- 445 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider HORIZON KINETICS ASSET MANAGEMENT LLC bought about $353 of TPL on Sep 23, 2026; 1 other insider bought within 30 days and 445 funds added in the latest 13F quarter.3,389 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$1.6M over 180 days
+$18.6K over 90 days · +$41.0K of it by a 10%+ holder
below 87% of Investment Vehicles
Congress
no House purchase disclosed in the last 12 months
Funds
445 funds bought in last quarter
the highest in Investment Vehicles
Revenue
+13.1% year over year
below 62% of Investment Vehicles
Margin
60.3% net margin
more than 82% of Investment Vehicles
Buybacks
$8.4M repurchased, FY to 2025-12-31
below 58% of Investment Vehicles
Short interest
7.2% of the float short (float per yahoo 2026-10-27) · 14.9 days to cover · settled 2026-10-15
more than 98% of Investment Vehicles
What changed in the last 30 days
Oct 29Insider selling stopped: no sales in 90 days after 3 in the prior 90
Why it matters
The absence is the signal: 3 sales in one 90-day window and none in the next is a change of behaviour, not a filing.
Oct 1Insider HORIZON KINETICS ASSET MANAGEMENT LLC bought $1.4K (Sep 29)
Watch TPL
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+7.2%12M
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns TPL: institutional holders (13F)
13F holdings, latest reported quarter
9,802,899 sh
$4.3B
5,296,254 sh
$2.3B
3,964,748 sh
$1.7B
3,808,863 sh
$1.7B
3,184,079 sh
$1.4B
Congress trades in TPL
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2025-08-13 · disclosed 30 days later
$1,001 - $15,000
Bought 2025-07-22 · disclosed 22 days later
$1,001 - $15,000
Bought 2025-04-08 · disclosed 30 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
TPL planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
Horizon Kinetics Asset Management LLC
Filed 2026-09-17
$74.9K
TPL mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Kinetics Spin-Off and Corporate Restructuring Fund
$27.6M position · as of 2026-06-30
76.7%
Kinetics Paradigm Portfolio
$823.6M position · as of 2026-06-30
69.4%
Kinetics Small Cap Opportunities Portfolio
$293.2M position · as of 2026-06-30
55.4%
Kinetics Market Opportunities Portfolio
$143.1M position · as of 2026-06-30
47.3%
Kinetics Internet Portfolio
$80.8M position · as of 2026-06-30
32.6%
Kinetics Global Portfolio
$10.6M position · as of 2026-06-30
21.1%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Tyler Glover
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2022
$6.3M
$12.4M
$2.4M
+177%
+112%
2021
$5.0M
$5.0M
$1.5M
+45%
+46%
2020
$3.0M
$3.0M
$1.5M
n/a
n/a
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $1.6M sold by insiders over 180 days, 445 funds added last quarter, $74.9K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
TPL financials
Revenue growth
+13.1%
XBRL, annual
Net margin
60.3%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$897.5M
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM TPL
| FY Dec 2025 | $798.2M |
| FY Dec 2024 | $705.8M |
| FY Dec 2023 | $631.6M |
| FY Dec 2022 | $667.4M |
| FY Dec 2021 | $451.0M |
| Jun 2026 | $246.1M |
| Mar 2026 | $236.8M |
| Dec 2025 | $211.6M |
| Sep 2025 | $203.1M |
| Jun 2025 | $187.5M |
| Mar 2025 | $196.0M |
| Dec 2024 | $185.8M |
| Sep 2024 | $173.6M |
At each fiscal year end
Single quarter
Net margin, TTM
+60.3%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM TPL
| FY Dec 2025 | +60.3% |
| FY Dec 2024 | +64.3% |
| FY Dec 2023 | +64.2% |
| FY Dec 2022 | +66.9% |
| FY Dec 2021 | +59.9% |
| Jun 2026 | +62.6% |
| Mar 2026 | +60.3% |
| Dec 2025 | +58.3% |
| Sep 2025 | +59.7% |
| Jun 2025 | +61.9% |
| Mar 2025 | +61.6% |
| Dec 2024 | +63.7% |
| Sep 2024 | +61.4% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$586.0M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM TPL
| FY Dec 2025 | $528.7M |
| FY Dec 2024 | $473.5M |
| FY Dec 2023 | $401.1M |
| FY Dec 2022 | $428.2M |
| FY Dec 2021 | $248.7M |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Single quarter
Debt to equity
n/a
no debt line filed
Debt to equity TPL
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
n/a
no debt line filed
Cash flow to debt TPL
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+36.6%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity TPL
| FY Dec 2025 | +37.2% |
| FY Dec 2024 | +41.7% |
| FY Dec 2023 | +44.7% |
| FY Dec 2022 | +62.7% |
| FY Dec 2021 | +47.5% |
| Jun 2026 | +36.6% |
| Mar 2026 | +36.5% |
| Dec 2025 | +37.2% |
| Sep 2025 | +39.4% |
| Jun 2025 | +37.0% |
| Mar 2025 | +39.5% |
| Dec 2024 | +41.7% |
| Sep 2024 | +44.5% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+33.2%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets TPL
| FY Dec 2025 | +33.5% |
| FY Dec 2024 | +37.8% |
| FY Dec 2023 | +39.9% |
| FY Dec 2022 | +54.4% |
| FY Dec 2021 | +40.4% |
| Jun 2026 | +33.2% |
| Mar 2026 | +32.4% |
| Dec 2025 | +33.5% |
| Sep 2025 | +35.3% |
| Jun 2025 | +33.9% |
| Mar 2025 | +35.2% |
| Dec 2024 | +37.8% |
| Sep 2024 | +39.8% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
no debt line filed
Return on invested capital TPL
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+43.0%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed TPL
| FY Dec 2025 | +43.0% |
| FY Dec 2024 | +46.6% |
| FY Dec 2023 | +49.9% |
| FY Dec 2022 | +72.5% |
| FY Dec 2021 | +57.4% |
| Jun 2026 | +43.0% |
| Mar 2026 | +42.7% |
| Dec 2025 | +43.0% |
| Sep 2025 | +45.5% |
| Jun 2025 | +42.8% |
| Mar 2025 | +44.9% |
| Dec 2024 | +46.6% |
| Sep 2024 | +49.3% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
337.17x
close 2026-10-27 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing TPL
| FY Dec 2025 | 2,611.09x |
| FY Dec 2024 | 56.11x |
| FY Dec 2023 | 29.82x |
| FY Dec 2022 | 13.52x |
| FY Dec 2021 | 3.98x |
| Jun 2026 | 446.57x |
| Mar 2026 | 1,103.63x |
| Dec 2025 | 2,611.09x |
| Sep 2025 | 451.03x |
| Jun 2025 | 7,042.60x |
| Mar 2025 | 131.84x |
| Dec 2024 | 56.11x |
| Sep 2024 | 38.00x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no debt line filed
Enterprise value TPL
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+2.6%
TTM free cash flow over market value at close 2026-10-27
FCF yield TPL
| FY Dec 2025 | +8.0% |
| FY Dec 2024 | +5.6% |
| FY Dec 2023 | +29.9% |
| FY Dec 2022 | +21.3% |
| FY Dec 2021 | +23.1% |
| Jun 2026 | +1.9% |
| Mar 2026 | +1.6% |
| Dec 2025 | +8.0% |
| Sep 2025 | +7.6% |
| Jun 2025 | +6.2% |
| Mar 2025 | +4.8% |
| Dec 2024 | +5.6% |
| Sep 2024 | +6.8% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.18x
P/E over trailing EPS growth of 1860%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing TPL
| FY Dec 2025 | n/a |
| FY Dec 2024 | 4.63x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | 0.24x |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | 4.63x |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-27. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $798.2M | $705.8M | $631.6M | $667.4M |
| Operating income | $592.2M | $539.1M | $486.1M | $562.3M |
| Net income | $481.4M | $454.0M | $405.6M | $446.4M |
| EPS (diluted) | 6.97 | 6.57 | 5.86 | 19.26 |
| Operating cash flow | $545.9M | $490.7M | $418.3M | $447.1M |
| Cash | $144.8M | $369.8M | $725.2M | $510.8M |
| Buybacks | $8.4M | $29.2M | $42.6M | $87.8M |
| Dividends paid | $147.8M | $347.3M | $100.0M | $247.3M |
SEC XBRL, fiscal years, as known on 2026-10-29
TPL Stock Sonar score 5/7 axes
Find similar shapesCompareTPL ranks highest on institutional and government (99th percentile) and profitability (97th), and lowest on risk and compliance (6th), among Investment Vehicles peers.
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
TPL filings, in plain words
Are Texas Pacific Land insiders buying or selling TPL?
In the 180 days to 2026-10-29, Texas Pacific Land insiders were net sellers, a net $1.6M: $44.4K of purchases and $1.6M of sales reported on Form 4, by 2 buyers and 1 seller.
Have members of Congress traded TPL?
Yes, but not in the year to 2026-10-29; the latest on record is a sale by Lisa McClain dated 2025-08-13.
Are there planned insider sales of TPL?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-29, covering $74.9K of stock; the latest, by Horizon Kinetics Asset Management LLC, was filed 2026-09-17.
Read the full summary
In the 180 days to 2026-10-29, Texas Pacific Land insiders were net sellers of TPL, a net $1.6M across purchases and sales reported on Form 4 by 2 buyers and 1 seller. Sales outweighed purchases more than tenfold by value. 2 different insiders reported purchases within the last 90 days, a cluster buy, which is rarer than a single purchase. None of the 3 insider sales was flagged as made under a Rule 10b5-1 plan. Members of Congress have disclosed trades in TPL, none in the last year; the latest on record is a sale by Lisa McClain dated 2025-08-13. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-29, covering $74.9K of stock. Each figure is counted from SEC and House filings as of 2026-10-29, dated the day the filing was made public.
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