Director Donna E. Epps of Texas Pacific Land Corp (NYSE: TPL) reported a paired set of transactions executed on February 25, 2026, according to a Form 4 filing with the Securities and Exchange Commission. On that date Epps sold 895 shares of the companys common stock at $510.0808 per share, bringing the sale proceeds to $456,522.
The filing shows that on the same day Epps purchased an equal number of shares - 895 - at a price of $510.45 per share, for a total outlay of $456,852. After completing these transactions, the filing reports that Epps directly holds 3,816 shares of Texas Pacific Land.
These moves came as TPLs stock was trading near its 52-week high of $547.20. Over the prior six months, the shares had gained roughly 70%, reflecting a strong run in the market. Separately, InvestingPros analysis cited in the filing indicates the stock is currently overvalued relative to its Fair Value and noted the company is trading at a price-to-earnings ratio of 73.
Texas Pacific Land also recently released fourth-quarter 2025 financial results. The company reported earnings per share of $1.79, short of the $1.83 consensus forecast. Quarterly revenue came in at $212 million, slightly below the expected $214 million.
In parallel with the earnings release and heightened investor attention, KeyBanc raised its price target on TPL to $639 from $350 and kept an Overweight rating on the stock. In explaining the change, KeyBanc identified material opportunities on the companys surface acreage for power generation and data center developments, and noted positive trends in TPLs water segment. The firm also pointed to a notable increase in investor inquiries from long-only firms, long/short funds, and generalist investors.
Taken together, the director-level transactions, valuation commentary from InvestingPro, the companys quarterly results and KeyBancs revised target underline a period of active market attention for Texas Pacific Land. The Form 4 filing documents the exact share counts, prices and resulting ownership position for Epps, while analyst and platform commentary provide context on valuation and potential commercial opportunities tied to TPLs surface holdings.