Texas Pacific Land Corporation drawdown: 36.0% below the all-time high
Texas Pacific Land Corporation is 36.0% below its all-time high, set Nov 22, 2024 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −36.0%
- 64.0% of ATH
- All-time high
- $576.67
- Nov 22, 2024
- Time below the high
- 1.8 yrs
- since Nov 22, 2024
- Worst-ever drawdown
- −75.5%
- Nov 16, 1992
- Longest underwater
- 23.6 yrs
- between all-time highs
- Today's level first reached
- Oct 29, 2024
- 1.9 yrs ago
- Last time this deep
- May 8, 2024
- in a previous episode
% of all-time high since 1980#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 18, 1980 | Nov 16, 1992 | −75.5% | 12.0 yrs | Jul 8, 2004 | 23.6 yrs |
| Jun 29, 2007 | Mar 9, 2009 | −73.2% | 1.7 yrs | Mar 21, 2013 | 5.7 yrs |
| Apr 12, 2019 | Mar 23, 2020 | −65.8% | 11 mo | Feb 3, 2021 | 1.8 yrs |
| Sep 4, 2014 | Jan 15, 2015 | −53.9% | 4 mo | Sep 28, 2016 | 2.1 yrs |
| Nov 7, 2022 | Jun 23, 2023 | −52.8% | 7 mo | Sep 19, 2024 | 1.9 yrs |
| Nov 22, 2024 | Dec 16, 2025 | −52.6% | 13 mo | not yet | 1.8 yrs+ |
| Oct 3, 2018 | Dec 21, 2018 | −50.5% | 3 mo | Apr 10, 2019 | 6 mo |
| May 7, 2021 | Feb 22, 2022 | −43.0% | 10 mo | Jul 20, 2022 | 14 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1980: how far Texas Pacific Land Corporation stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Texas Pacific Land Corporation from its all-time high?
- Texas Pacific Land Corporation is currently 36.0% below its all-time high, set Nov 22, 2024 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Texas Pacific Land Corporation drawdown ever?
- The deepest decline on record in our data (since 1980) took Texas Pacific Land Corporation 75.5% below its prior high, bottoming Nov 16, 1992. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from TPL; no free deep history exists for Texas Pacific Land Corporation — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.