Texas Pacific Land Corporation (TPL)’s share was trading at $1110.14 as of 2nd June. TPL’s trailing and forward P/E were 55.53 and 37.74 respectively according to Yahoo Finance.

We recently published an article titled Jim Cramer Listed 20 Best Performing Stocks of the Last 20 Years. In this article, we are going to take a look at where Texas Pacific Land Corporation (NYSE ...

Texas Pacific Land Corporation (NYSE:TPL)’s share was trading at $1107.43 as of Dec 30th. TPL’s trailing and forward P/E were 56.82 and 37.74 respectively according to […] ...

In trading on Monday, shares of Texas Pacific Land Corp (Symbol: TPL) entered into oversold territory, hitting an RSI reading of 27.4, after changing hands as low as $1040.62 per share.

This will translate into dismal performance for TPL stock. The average price target at $1,280 already implies downside. Plus, there are far better bets to make if you’re paying that much.