12 Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump’s Tariff Shockwave

6. Texas Pacific Land Corporation (NYSE:TPL)

Market cap: $37.87 billion

Texas Pacific Land Corporation, founded in 1888 and based in Dallas, Texas, manages vast land and mineral interests in the Permian Basin, and ranks sixth among the 12 large-cap stocks insiders were buying in Q1 2025, before Trump’s tariff shockwave. The company earns revenue through oil and gas royalties, land leasing, easements, and the sale of materials like sand and caliche. It also provides full-service water solutions—including sourcing, treatment, and disposal—for energy operators in the region. It is also one of the 12 stocks to buy that may be splitting soon.

In October 2024, Texas Pacific completed the acquisition of oil and gas mineral and royalty interests in the Permian Basin for $286 million in cash.

In the fourth quarter of 2024, Texas Pacific reported a net income of $118.4 million, an increase from $106.6 million in the previous quarter. Quarterly revenue rose to $185.8 million, driven by higher earnings from easements and oil and gas royalties. For the full year, the company achieved a record $461 million in free cash flow—an 11% year-over-year increase—with total annual revenue reaching $705.8 million, up from $631.6 million in 2023.

Texas Pacific recently announced that it will release first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025.

During the first quarter, three insiders acquired around $744,370 worth of Texas Pacific shares at an average price of $1,340.12 per share. Year-to-date, the stock is up 20.32%, while over the past 12 months it gained 125.92%, currently trading at $1,330.70 per share.