1Q 2022: Institutional investors increased stake in Texas Pacific Land Co., and Q1 earnings exceeded estimates.
Q1 2022: Gamco Investors and other institutional investors including TD Bank, Shell Asset Management, Healthcare of Ontario Pension Plan Trust Fund, Canada Life Assurance, and American International Group increased stakes in Texas Pacific Land Co. (TPL). TPL's Q1 earnings of $4.97 per share surpassed analysts' estimates of $4.58, and the company's revenue was $174.14 million. Institutional investors own over 59% of TPL's stock.
July 28, 2024
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