Texas Pacific Land Corporation Board Member Passes Away
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 09 2026
0mins
Should l Buy TPL?
Source: Newsfilter
- Board Member's Passing: Murray Stahl, a member of Texas Pacific Land Corporation's Board, has passed away; he was the CEO and Chief Investment Strategist of Horizon Kinetics and a long-time major shareholder, leaving a significant impact on the company.
- Company Growth Journey: Stahl recognized TPL's potential when it was still a little-known trust, helping to transform it into one of the largest publicly traded energy companies globally, showcasing his unique vision and foresight.
- Leadership Tributes: TPL CEO Ty Glover expressed deep sorrow over Stahl's sudden passing, noting that he was a steadfast advocate for the company, and the board members are mourning the loss of an important leader.
- Land Resource Overview: Texas Pacific Land Corporation owns approximately 882,000 acres in Texas, primarily in the Permian Basin; while not an oil and gas producer, it generates revenue through land use and royalty interests, highlighting its unique position in the energy sector.
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Analyst Views on TPL
Wall Street analysts forecast TPL stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 426.270
Low
1050
Averages
1050
High
1050
Current: 426.270
Low
1050
Averages
1050
High
1050
About TPL
Texas Pacific Land Corporation is the landowner in the State of Texas with approximately 882,000 surface acres of land, principally concentrated in the Permian Basin. Its segments include Land and Resource Management and Water Services and Operations. The Land and Resource Management segment focuses on managing Company’s oil and gas royalty interest and surface acres located in 19 different countries. The Land and Resource Management segment encompasses the business of managing its approximately 882,000 surface acres of land and its approximately 207,000 NRA of oil and gas royalty interests, principally concentrated in the Permian Basin. This segment consists of royalties from oil and gas, revenues from easements, commercial leases and renewables, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin. Its services include water sourcing and produced water disposal.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Environment Challenges: Tethys faces a challenging market environment due to fluctuations in domestic and international oil prices, necessitating effective strategies to navigate external challenges and maintain competitiveness in Central Asia and the Caspian region.
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- Major Shareholder Impact: Horizon Kinetics, owning approximately 15% of Texas Pacific, is its largest shareholder, and Stahl's passing raises concerns among investors about corporate governance and shareholder structure, potentially affecting stock performance.
- Market Reaction: Other companies associated with Horizon Kinetics were also impacted, with LandBridge (LB) shares dropping 7%, while WaterBridge Infrastructure (WBI) only fell 0.2%, indicating a decline in overall market confidence in Horizon Kinetics.
- Historical Context: Horizon Kinetics and its predecessors have been the largest shareholders of Texas Pacific for decades, and Stahl's confidence in the company when it was a little-known trust adds to the market's shock following his death, amplifying the stock's volatility.
See More
