Texas Pacific Land Corp Reports $167.3 million Quarterly Revenue
Texas Pacific Land Corp reported quarterly results highlighted by oil and gas royalty revenue of $167.3 million and oil and gas royalty production of 42.3 thousand barrels of oil equivalent (“Boe”) per day, according to its earnings release filed with an 8-K Wednesday.
Produced water royalty revenue of $41.4 million and produced water royalty volumes of 5.5 million barrels (“bbl”) per day. Land and Resource Management segment revenues of $201.6 million. Consolidated revenues of $273.4 million. Consolidated net income of $167.4 million, or $2.42 per share (diluted).
Tyler Glover said, "Our third quarter results were the strongest in TPL’s history with new records set across our business,"
Results detail
Further figures in the release included Adjusted EBITDA (1) of $238.4 million; Free cash flow (1) of $170.3 million; Water Services and Operations segment revenues of $71.8 million; Quarterly cash dividend of $0.60 per share was paid on September 15, 2026.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by Texas Pacific Land Corp unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.
Why it matters
For retail investors, the Texas Pacific Land Corp print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- Oil and gas royalty revenue of $167.3 million and oil and gas royalty production of 42.3 thousand barrels of oil equivalent (“Boe”) per day
- Produced water royalty revenue of $41.4 million and produced water royalty volumes of 5.5 million barrels (“bbl”) per day
- Land and Resource Management segment revenues of $201.6 million
- Consolidated revenues of $273.4 million
- Consolidated net income of $167.4 million, or $2.42 per share (diluted)
- Adjusted EBITDA (1) of $238.4 million
Sources
- Texas Pacific Land Corp Form 8-K with quarterly financial results, filed 2026-11-04 (accession 0001811074-26-000075)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.