TPL monthly performance report
Check TPL's monthly returns, drawdown, and seasonality trends — updated every month.
TPL monthly report
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Key takeaways
- Texas Pacific Land Corporation (TPL) closed September 2026 at $352.67, down 5.79% for the month and +15.85% over the trailing 12 months.
- Year-to-date, TPL is +22.79%, outperforming the S&P 500 which has returned +11.70% YTD.
- The stock is trading −10.48% versus its 200-day moving average ($393.98), a cautious technical signal.
- Over the past three years, TPL has outperformed the S&P 500 by +2.74%, with a relative strength index reading of 101.6.
- Win rate over the trailing 39 months stands at 48.7% — 19 positive months versus 20 negative months.
Texas Pacific Land Corporation ended September 2026 at $352.67, posting a monthly return of −5.79%. The S&P 500 returned −0.70% over the same window, leaving relative performance at −5.09%.
The current quarter stands at −19.42% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −10.48% versus the 200-day moving average ($393.98).
Year-to-date, TPL is +22.79% against SPY +11.70%, a gap of +11.09%. The stock is currently −35.55% below its 52-week high, with maximum 3-year drawdown at −52.56%.
| Period | TPL | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +1.58% | −0.12% | +1.69% |
| 1 Week | −4.45% | −0.34% | −4.11% |
| 1 Month | −5.79% | −0.70% | −5.09% |
| 3 Months | −1.03% | +2.80% | −3.83% |
| 6 Months | −33.60% | +13.85% | −47.45% |
| YTD | +22.79% | +11.70% | +11.09% |
| 12 Months | +15.85% | +15.01% | +0.84% |
| 3 Years | +74.43% | +71.69% | +2.74% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | +50.50% |
| #2 | Nov 2024 | +37.23% |
| #3 | Oct 2024 | +31.79% |
| #4 | Aug 2023 | +25.12% |
| #5 | Jan 2026 | +21.29% |
| Rank | Month | Return |
|---|---|---|
| #1 | Dec 2024 | −30.88% |
| #2 | May 2025 | −13.57% |
| #3 | May 2026 | −11.42% |
| #4 | Mar 2026 | −9.49% |
| #5 | Nov 2023 | −9.43% |
| Quarter | Return |
|---|---|
| Q2 2025 | −20.27% |
| Q3 2025 | −11.62% |
| Q4 2025 | −7.71% |
| Q1 2026 | +65.23% |
| Q2 2026 | −7.78% |
| Q3 2026 (QTD) | −19.42% |
| Year | Return |
|---|---|
| 2023 | −32.92% |
| 2024 | +110.99% |
| 2025 | −22.09% |
| 2026 | +22.79% |
| Metric | Value |
|---|---|
| 52-Week High | $547.20 (2026-02-23) |
| 52-Week Low | $269.23 (2025-12-16) |
| Current Price | $352.67 |
| 200-Day Moving Average | $393.98 |
| Price vs 200DMA | −10.48% |
| 3-Year Maximum Drawdown | −52.56% (2025-12-16) |
| Current Drawdown from 52W High | −35.55% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 101.6 |
| 3-Year Excess Return vs S&P 500 | +2.74% |
| RS Peak | 212.5 (Nov 2024) |
| RS Trough | 70.3 (Feb 2024) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was TPL's return for this report period?
TPL returned −5.79% in the latest monthly window ending 2026-09-18.
Has TPL outperformed SPY year to date?
YTD TPL: +22.79% vs SPY: +11.70%.
What is TPL's 12-month return?
+15.85% over the trailing 12 months.
Is TPL above or below its 200-day moving average?
Price is −10.48% versus 200DMA ($393.98).
What is the maximum drawdown in the 3-year window?
−52.56% on 2025-12-16.