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Texas Pacific LandTPL -1.20%86 3-Year Share Buyback Ratio is 0.20 as of Mar. 2026, which is 92% below its 10-year median of 2.60. GuruFocus rates TPL with a GF Score™ of 86/100 and a GF Value™ of $378.69 (Fairly Valued). The stock has 2 warning signs investors should review. Among 681 Oil & Gas companies, Texas Pacific Land ranks better than 75.77% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Texas Pacific Land's current 3-Year Share Buyback Ratio was 0.20%.
The historical rank and industry rank for Texas Pacific Land's 3-Year Share Buyback Ratio or its related term are showing as below:
TPL'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0 Med: 2.6 Max: 4.7
Current: 0.2
During the past 13 years, Texas Pacific Land's highest 3-Year Share Buyback Ratio was 4.70%. The lowest was 0.00%. And the median was 2.60%.
TPL's 3-Year Share Buyback Ratio is ranked better than 75.77% of 681
companies
in the Oil & Gas industry
Industry Median: -3.5
vs TPL: 0.20
Texas Pacific Land (NYSE:TPL) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Texas Pacific Land 3-Year Share Buyback Ratio Related Terms
TPL vs EQT, EXE, PR: 3-Year Share Buyback Ratio Comparison
For the Oil & Gas E&P subindustry, Texas Pacific Land's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Texas Pacific Land 3-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Texas Pacific Land's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Texas Pacific Land's 3-Year Share Buyback Ratio falls into.
Texas Pacific Land 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.20 mean?
Texas Pacific Land (TPL) has a 3-Year Share Buyback Ratio of 0.20 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Texas Pacific Land and its competitors. This is 92% below median its historical median of 2.60. According to the industry distribution chart, Texas Pacific Land ranks #165 out of 681 companies in the Oil & Gas industry, placing it in the top 24.2%.
Is Texas Pacific Land's 3-Year Share Buyback Ratio too high?
Texas Pacific Land's current 3-Year Share Buyback Ratio of 0.20 is 92% below median its 10-year median of 2.60. Based on the distribution chart, Texas Pacific Land ranks #165 out of 681 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Texas Pacific Land has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's 3-Year Share Buyback Ratio compare to EQT and EXE?
According to the Oil & Gas industry distribution chart, Texas Pacific Land ranks #165 out of 681 companies for 3-Year Share Buyback Ratio. This places Texas Pacific Land in the top 24% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Oil & Gas company?
A good 3-Year Share Buyback Ratio depends on the Oil & Gas industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Texas Pacific Land and its competitors. Texas Pacific Land's current 3-Year Share Buyback Ratio is 0.20, which is 92% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Pacific Land stock overvalued right now?
Based on GuruFocus' analysis, Texas Pacific Land (TPL) is currently considered Fairly Valued. The stock's GF Value™ is $378.69, compared to a current price of $390.77 — trading 3.2% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.20, which is 92% below median its 10-year median of 2.60. Texas Pacific Land's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current 3-Year Share Buyback Ratio is 0.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Texas Pacific Land (TPL) Overvalued in 2026?
Based on GuruFocus' analysis, Texas Pacific Land stock appears to be overvalued.
The current stock price of $390.77 is trading 3.2% above its estimated GF Value™ of $378.69.
GuruFocus considers Texas Pacific Land to be Fairly Valued.
Key valuation signals for TPL:
3-Year Share Buyback Ratio: 0.20 (92% below median its 10-year median of 2.60)
GF Value™: $378.69 vs. price of $390.77 (3.2% above fair value)
No single metric tells the full story. See the TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, 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.
86GF Score
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