Amber List

TPLTexas Pacific Land Corporation

Energy · Oil & Gas E&P · large-cap ($27.2B)
-26.6%
from rolling 252-day high of $546.57 set 2026-02-23 · 94d ago
Current
$401.32
Decline depth
-26.6%
Decline σ
6.3σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$TPL landed on the list 2026-04-09, down 30.9% from its 52-week high that day — now down -26.6%.

It has clawed back 3.2 percentage points off that level. It bottomed 35.2% below that high along the way.

Decline from the 52-week high as it stood on 2026-04-09 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

TPL qualifies for the Amber List on decline depth.

Decline depth
-26.6%
From rolling 252-day high of $546.57, 94d ago. Past the 20% Watch threshold.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
6.3σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (1.92% per day). Past the ≥6σ Amber threshold.

The structural read

What price action says about TPL.

TPL qualifies for the Amber List on decline depth — down -26.6% from its rolling 252-day high.

Cross-confirmation: decline sigma also reads 6.3σ over 20 bars.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 1 (red), weekly 2U (red), monthly 1 (red).

Earnings on file: 2026-05-06. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $269.23 47.5% of range 52W high $547.20

Sector context · Energy

20 other Energy tickers are on Broken Stocks.

10 Red List
5 Amber
5 Watch
-31.9% Median decline

Worst in sector: GEOS (-70.9%). Least-bad: DEC (-21.5%). See all Energy listings →

Questions about TPL

What people ask.

Why is TPL on Broken Stocks?

TPL qualifies for the Amber List on decline depth. It is down -26.6% from its rolling 252-day high of $546.57, set on 2026-02-23 — 94d ago.

Is TPL a falling knife?

No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. TPL is down -26.6% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.

Is TPL a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is TPL trading inside its 52-week range?

At $401.32, TPL sits 47.5% of the way from its 52-week low ($269.23) to its 52-week high ($547.20). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has TPL been declining?

The current 26.6% decline accrued over 94d, which annualizes to roughly -103.3% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does TPL compare to its sector?

There are 20 other Energy tickers on Broken Stocks: 10 Red, 5 Amber, 5 Watch, with 5 showing recovering structural signals. Median sector decline is -31.9% — TPL's decline is shallower than the sector median.

Does TPL's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-06) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.