Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 40.48.
Forward PE Ratio (40.48) = Close Price ($347.18) / Consensus Forward EPS ($8.66)
FORWARD PE RATIO
40.48
SECTOR MEDIAN · ENERGY
13.21
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
+206.55%
vs the sector median at left
Texas Pacific Land Corporation
Market Cap
$23.95B
Forward PE Ratio
40.48
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Texas Pacific Land Corporation (TPL) | $23.95B | 40.48 |
| Expand Energy Corporation (EXE)vs › | $22.46B | 10.73 |
| Halliburton Company (HAL)vs › | $28.02B | 14.42 |
| Tenaris S.A. (TS)vs › | $28.55B | 14.29 |
| Devon Energy Corporation (DVN)vs › | $31.49B | 8.97 |
| Venture Global, Inc. (VG)vs › | $33.20B | 9.39 |
| EQT Corporation (EQT)vs › | $33.67B | 12.84 |
| APA Corporation (APA)vs › | $14.20B | 7.23 |
| Antero Midstream Corporation (AM)vs › | $10.57B | 19.90 |
| Weatherford International plc (WFRD)vs › | $6.67B | 17.85 |
Trailing P/E
44.7
reported TTM EPS
Forward P/E
40.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.66 implies +10.5% EPS growth vs the reported trailing $7.84.
At today's $347.18 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $8.66 | $8.66 – $8.66 | 1 | 40.1x |
| 2027-12-31 | $9.69 | $9.69 – $9.69 | 1 | 35.8x |
| 2028-12-31 | $0.00 | $0.00 – $0.00 | 0 | n/m |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
