TPL

Stock

Texas Pacific Land Corporation

Rare

Rare — pay attention.

Texas Pacific Land Corporation is 31.8% off its high, 591 days in — deeper than the vast majority of its 143 recorded drawdowns. This is the kind of decline the severity score exists to flag.

Price $390.77 · as of Jul 9, 2026All-time high $572.57Drawdown -31.8%Severity Score™ 5.4
🔴

Strong

Current Drawdown

-31.8%

Days in Drawdown

591

Avg Max Drawdown

7.9%

Avg Length

96

Drawdown Severity Score™

5.4

TPL - Price & High Water Mark

TPL - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of June 28, 2026 · updated daily

Where today's valuation sits within TPL's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

32.5xTypical Range · 53rd percentile
Low: 4.9xMedian: 31.1xHigh: 97.9x

20 years of daily history

66.8% below its highest Price to Sales reading · 4.4x typical multiple drawdown · high date June 23, 2008

EV to EBITDA

39.3xTypical Range · 55th percentile
Low: 5.1xMedian: 35.0xHigh: 132.5x

20 years of daily history

70.3% below its highest EV to EBITDA reading · 6.2x typical multiple drawdown · high date August 10, 2007

How we measure valuation

Texas Pacific Land Corporation (TPL) Analysis: Current Drawdown Insights

Texas Pacific Land Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $390.77, which represents a 31.8% decline from its all-time high of $572.57. This drawdown has persisted for 591 days.

Based on its full tracked price history, Texas Pacific Land Corporation typically experiences drawdowns averaging 7.9% in depth, with an average duration of 96 days. Texas Pacific Land Corporation has gone through 143 total drawdown events in its tracked history. The largest drawdown on record for Texas Pacific Land Corporation was 73.1%, beginning in 2007. The longest drawdown duration on record was 2878 days.

The Drawdown Severity Score™ for Texas Pacific Land Corporation currently stands at 5.41. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Texas Pacific Land Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 143 tracked pullbacks (64 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2024-11-25Ongoing591 days-31.8%$572.57$390.77n/a
2024-11-132024-11-197 days-3.3%$465.59$450.09$470.01
2024-10-282024-10-292 days-0.7%$363.40$360.86$367.01
2024-10-232024-10-253 days-0.7%$361.33$358.85$363.40
2024-10-152024-10-217 days-2.8%$352.87$343.10$355.65
2024-10-082024-10-103 days-1.5%$326.19$321.32$331.69
2024-09-242024-10-0310 days-8.2%$315.12$289.23$321.19
2022-11-082024-09-18680 days-52.5%$291.19$138.30$291.85
2022-11-022022-11-032 days-0.6%$251.20$249.79$256.89
2022-10-312022-11-012 days-0.7%$248.72$247.09$251.20
2022-10-252022-10-273 days-4.8%$232.77$221.68$239.06
2022-10-142022-10-218 days-4.4%$225.00$215.01$229.29
2022-10-122022-10-132 days-0.1%$220.59$220.44$225.00
2022-10-072022-10-115 days-2.1%$217.13$212.50$220.59
2022-09-062022-10-0429 days-13.7%$202.16$174.48$211.28
2022-08-302022-09-024 days-7.3%$198.34$183.83$202.16
2022-08-012022-08-2626 days-10.5%$196.36$175.77$196.41
2022-07-212022-07-277 days-5.1%$194.02$184.17$195.83
2022-06-082022-07-2043 days-17.2%$186.98$154.78$194.02
2021-05-102022-06-07394 days-42.7%$183.60$105.29$186.98
2021-03-182021-05-0751 days-16.3%$178.42$149.37$183.60
2021-03-162021-03-172 days-0.3%$163.15$162.71$178.42
2021-02-172021-03-0416 days-5.7%$121.63$114.75$122.76
2021-02-092021-02-102 days-0.8%$106.57$105.70$111.37
2021-01-132021-02-0322 days-8.5%$92.03$84.22$94.61
2019-04-152021-01-11638 days-64.9%$90.50$31.74$90.84
2019-04-112019-04-122 days-0.8%$89.00$88.27$90.50
2018-10-042019-04-10189 days-50.5%$86.85$43.03$89.00
2018-09-272018-10-037 days-0.6%$86.46$85.92$86.85
2018-09-052018-09-2622 days-3.8%$85.35$82.10$86.46
2018-08-282018-09-048 days-4.9%$85.32$81.18$85.35
2018-08-082018-08-2316 days-3.8%$80.81$77.72$81.21
2018-08-032018-08-064 days-0.6%$80.02$79.57$80.09
2018-07-132018-08-0221 days-7.7%$79.14$73.08$80.02
2018-06-042018-07-0633 days-5.3%$71.32$67.55$71.71
2018-05-222018-05-3110 days-3.3%$69.93$67.63$70.39
2018-05-182018-05-214 days-1.0%$68.74$68.06$69.93
2018-05-112018-05-177 days-5.6%$65.38$61.75$68.74
2018-05-082018-05-103 days-1.1%$64.82$64.13$65.38
2018-01-222018-05-0199 days-13.3%$55.34$47.99$58.84
2018-01-122018-01-187 days-4.4%$53.55$51.21$54.55
2018-01-032018-01-086 days-2.1%$45.52$44.59$47.57
2017-12-282018-01-026 days-2.1%$44.48$43.54$45.52
2017-10-162017-12-2268 days-8.3%$42.06$38.55$42.80
2017-10-112017-10-122 days-0.5%$40.82$40.62$41.81
2017-10-062017-10-105 days-1.3%$40.58$40.05$40.82
2017-10-032017-10-053 days-1.3%$40.55$40.02$40.58
2017-09-292017-10-024 days-1.3%$40.46$39.94$40.55
2017-09-222017-09-276 days-1.5%$39.93$39.34$40.33
2017-09-012017-09-2121 days-6.5%$39.93$37.34$39.93
2017-08-162017-08-2914 days-4.7%$37.87$36.10$38.07
2017-01-182017-07-26189 days-19.5%$32.73$26.35$33.21
2016-10-262017-01-0471 days-17.6%$29.96$24.70$30.31
2014-09-052016-09-28755 days-53.9%$22.78$10.51$22.93
2007-07-022012-05-071772 days-73.1%$5.76$1.55$5.81
2007-02-272007-06-18111 days-15.8%$4.65$3.92$4.73
2005-08-012006-11-27484 days-36.1%$3.36$2.15$3.40
2005-05-052005-07-1168 days-18.3%$3.27$2.67$3.29
2005-01-032005-02-0332 days-18.0%$2.47$2.03$2.53
1999-01-272003-11-061745 days-41.7%$0.99$0.58$0.99
1997-09-291999-01-19478 days-38.9%$0.96$0.59$0.97
1989-10-101997-08-262878 days-64.0%$0.71$0.26$0.72
1987-05-291989-07-19783 days-37.2%$0.51$0.32$0.52
1986-07-011987-05-06310 days-20.5%$0.42$0.34$0.43
1986-01-021986-06-27176 days-20.0%$0.42$0.33$0.42

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Texas Pacific Land Corporation (TPL) is trading at $390.77 as of Jul 9, 2026. It is 31.8% below its high of $572.57. The drawdown has lasted 591 days. Severity score: 5.4 (Strong).

TPL Price History and Drawdown Data

Latest price

$390.77

High-water mark

$572.57

Current drawdown

-31.8%

Days in drawdown

591

This TPL page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Texas Pacific Land Corporation drawdowns.

What History Says About TPL

Texas Pacific Land Corporation has dropped 32%+ from its high 11 times in its tracked history. These events lasted an average of 981 days with an average max drop of -50.5%.

The current drawdown of -31.8% has lasted 591 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jul 2007 to May 2012-73.1%1772 days
Apr 2019 to Jan 2021-64.9%638 days
Oct 1989 to Aug 1997-64.0%2878 days
Sep 2014 to Sep 2016-53.9%755 days
Nov 2022 to Sep 2024-52.5%680 days
Oct 2018 to Apr 2019-50.5%189 days

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