This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Texas Pacific Land Corp. rallied 5.3% to $1,427.95 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.6% to 5,954.50 and the Dow Jones Industrial Average rising 1.4% to 43,840.91.
This was the stock's third consecutive day of gains.
Texas Pacific Land Corp. closed 19.3% short of its 52-week high of $1,769.14, which the company reached on November 25th.
The stock outperformed some of its competitors, as EOG Resources Inc. fell 2.8% to $126.94, Devon Energy Corp. rose 0.9% to $36.22, and Occidental Petroleum Corp. rose 0.39% to $48.84.
Trading volume totaled 200,887, compared to the 50-day average of 138,469.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 28, 2025 16:34 ET (21:34 GMT)
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