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 November 2026 at $281.18, down 15.23% for the month and −16.18% over the trailing 12 months.
- Year-to-date, TPL is −2.10%, underperforming the S&P 500 which has returned +11.03% YTD.
- The stock is trading −29.56% versus its 200-day moving average ($399.15), a cautious technical signal.
- Over the past three years, TPL has underperformed the S&P 500 by −17.62%, with a relative strength index reading of 88.6.
- Win rate over the trailing 39 months stands at 46.2% — 18 positive months versus 21 negative months.
Texas Pacific Land Corporation ended November 2026 at $281.18, posting a monthly return of −15.23%. The S&P 500 returned +0.19% over the same window, leaving relative performance at −15.41%.
The current quarter stands at −13.70% (Q4 2026 (QTD)), while medium-term trend remains soft: price is −29.56% versus the 200-day moving average ($399.15).
Year-to-date, TPL is −2.10% against SPY +11.03%, a gap of −13.13%. The stock is currently −48.61% below its 52-week high, with maximum 3-year drawdown at −52.80%.
| Period | TPL | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −0.09% | −0.35% | +0.27% |
| 1 Week | +3.31% | +3.29% | +0.02% |
| 1 Month | −15.23% | +0.19% | −15.41% |
| 3 Months | −21.57% | −2.48% | −19.10% |
| 6 Months | −27.25% | +2.00% | −29.25% |
| YTD | −2.10% | +11.03% | −13.13% |
| 12 Months | −16.18% | +10.79% | −26.97% |
| 3 Years | +54.21% | +71.83% | −17.62% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | +50.50% |
| #2 | Nov 2024 | +37.23% |
| #3 | Oct 2024 | +31.79% |
| #4 | Jan 2026 | +21.29% |
| #5 | Jun 2024 | +19.53% |
| Rank | Month | Return |
|---|---|---|
| #1 | Dec 2024 | −30.88% |
| #2 | Nov 2026 | −15.23% |
| #3 | May 2025 | −13.57% |
| #4 | Sep 2026 | −12.96% |
| #5 | May 2026 | −11.42% |
| Quarter | Return |
|---|---|
| Q3 2025 | −11.62% |
| Q4 2025 | −7.71% |
| Q1 2026 | +65.23% |
| Q2 2026 | −7.78% |
| Q3 2026 | −25.55% |
| Q4 2026 (QTD) | −13.70% |
| Year | Return |
|---|---|
| 2023 | −32.92% |
| 2024 | +110.99% |
| 2025 | −22.09% |
| 2026 | −2.10% |
| Metric | Value |
|---|---|
| 52-Week High | $547.20 (2026-02-23) |
| 52-Week Low | $265.31 (2026-11-06) |
| Current Price | $281.18 |
| 200-Day Moving Average | $399.15 |
| Price vs 200DMA | −29.56% |
| 3-Year Maximum Drawdown | −52.80% (2026-11-05) |
| Current Drawdown from 52W High | −48.61% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 88.6 |
| 3-Year Excess Return vs S&P 500 | −17.62% |
| RS Peak | 230.9 (Nov 2024) |
| RS Trough | 76.3 (Feb 2024) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was TPL's return for this report period?
TPL returned −15.23% in the latest monthly window ending 2026-11-12.
Has TPL outperformed SPY year to date?
YTD TPL: −2.10% vs SPY: +11.03%.
What is TPL's 12-month return?
−16.18% over the trailing 12 months.
Is TPL above or below its 200-day moving average?
Price is −29.56% versus 200DMA ($399.15).
What is the maximum drawdown in the 3-year window?
−52.80% on 2026-11-05.