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The Texas Pacific Land Company will become a component of the s&p 500 index.
On Friday morning, the stock price of Texas Pacific Land (TPL) surged, after the previous day the S&P dow jones industrial average indicated that this real estate operation company would replace Marathon oil (MRO) in the S&P 500 index. Texas Pacific Land was established in 1888, formerly known as Texas Pacific Land Trust, headquartered in Dallas, usa, with 99 full-time employees. It is an investment trust company that owns large tracts of land in Texas.
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