TPL·Texas Pacific Land Corporation

Realized volatility (21d)

59.1% 89th pct

Below its peak

-48.1%

vs 200-day average

-25.5%

Up days (1y)

51%

Texas Pacific Land Corporation is currently running 59.1% annualised volatility over the last 21 sessions. Measured against TPL's own 6 years of daily returns rather than a market-wide average, that is the 89th percentile — elevated for this stock, against a typical reading of 41.7%.

TPL is trading -48.1% below its running peak. Across 6 full years on file, its median worst-drawdown-in-a-year was -37.9%, and the deepest was -46.9% in 2026. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began, and where past declines also continued.

Price sits -25.5% from its 200-day moving average. Against every other day in its history, that gap ranks at the 6th percentile — a narrower gap than it typically runs. Over the past year TPL closed higher on 51% of sessions, and it is currently 1 session into a rising streak.

On November specifically: over 5 years of records, TPL finished the month higher 2 of 5 times, with a median return of -6.8% and an average of +4.6%. Its strongest month historically has been February at +16.9% on average, its weakest December at -7.2%.

Overnight risk is measurable too: TPL has opened more than 2% away from the prior close in 121 of 1,461 sessions (8.3% of the time), with the largest gaps running +5.2% and -7.2%.

Across the last 4 dated reports on file, TPL moved an average of 6.2% in the session after earnings, closing higher 2 of those 4 times, with a median move of +1.3% and a largest of +13.6%.

All figures computed from 1,462 daily closes between 2021-01-12 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against TPL's own 6-year history, not a peer group or index.