Why Texas Pacific Land (TPL) stock is up today: oil climbs, insider filings add color
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.com) Friday’s gains followed a weaker-than-expected U.S.