New York, January 9, 2026, 11:06 ET — Regular session
Texas Pacific Land Corporation shares were up 1.5% at $307.38 in late morning trade, adding to a steep rebound after the stock surged 7.7% a day earlier. The $21.5 billion company traded in a $303.83 to $309.79 range on Friday.
Texas Pacific Land is one of those energy names where crude prices still do most of the talking. It owns roughly 882,000 surface acres in the Permian Basin and earns revenue from oil and gas royalties as well as its water services business. (Reuters)
Friday’s gains followed a weaker-than-expected U.S. jobs report, with traders also watching energy prices. U.S. payrolls rose by 50,000 in December and the unemployment rate dipped to 4.4%, the Labor Department said. (Reuters)
Oil prices rose for a second day, giving a lift to oil-linked names. Brent crude added 0.7% to $62.39 a barrel, while U.S. West Texas Intermediate (WTI) climbed 0.6% to $58.11 as worries about supply disruptions in Venezuela and Iran lingered, Reuters reported. (Reuters)
Texas Pacific Land’s stock has whipsawed this week. Shares finished Thursday at $302.95 after trading as high as $305.81, up from Wednesday’s $281.39 close, according to Yahoo Finance data. (Yahoo Finance)
Another batch of Form 4 filings — SEC disclosures that report insider stock awards and trades — hit over the past two days. In separate filings, directors Donna E. Epps and Donald G. Cook each picked up 554 shares at $0 as part of their annual board retainers. A separate Form 4 showed Horizon Kinetics Asset Management LLC, listed as a 10% owner, bought 1 share at $286.30. (Texas Pacific Land Corporation)
So far, the company hasn’t listed any upcoming investor events on its IR calendar, leaving macro data and crude prices to steer the stock in the near term. Traders will also be watching whether it can stay above $300 after Thursday’s snapback. (Texas Pacific Land Corporation)
But it’s a two-way setup. If the oil rally fades or drilling and water volumes in the Permian cool, the royalty and service streams investors are leaning on can soften — and the stock’s recent swings show sentiment can turn fast.
Next on the calendar: inflation and the rate path. The U.S. consumer price index for December lands on January 13, and the Federal Reserve’s next policy meeting is set for January 27-28. (Bureau of Labor Statistics)
