Nov 4, 4:15 PM ET
Texas Pacific Land reported third-quarter 2026 results, with total revenues of $273.4 million and net income of $167.4 million, or $2.42 per diluted share, up from $246.1 million of revenue and $153.9 million of net income in the second quarter. The company also posted an updated investor presentation and declared a $0.60 quarterly dividend, which gives shareholders a clear view of royalty-driven earnings growth.
- Q3 2026 total revenues were $273.4 million, compared with $246.1 million in Q2 2026.
- Net income was $167.4 million, or $2.42 per diluted share, compared with $153.9 million, or $2.23 per diluted share, in Q2 2026.
- Oil and gas royalty revenue was $167.3 million, on production of 42.3 thousand Boe per day.
- A $0.60 per share quarterly dividend was declared November 2, 2026, payable December 15, 2026 to holders of record on December 1, 2026.
Read the filing on SEC.gov ↗
Sep 25, 4:37 PM ET
Texas Pacific Land amended the employment agreements of CEO Tyler Glover, CFO Chris Steddum and General Counsel Micheal W. Dobbs, extending their expiration date from December 31, 2026 to December 31, 2029. The company also said its 2027 annual meeting is planned for May 6, 2027, which is more than 30 days earlier than the anniversary of its 2026 meeting, so stockholder proposals and nominations have deadlines set by the filing.
- Employment agreements for Tyler Glover (CEO), Chris Steddum (CFO) and Micheal W. Dobbs (SVP, Secretary and General Counsel) now run to December 31, 2029.
- Agreements renew automatically for one-year terms unless either party gives notice at least 120 days before the term ends.
- 2027 annual meeting intended for May 6, 2027; 2026 annual meeting is scheduled for November 5, 2026.
- Stockholder proposals for the 2027 proxy materials are due by November 27, 2026; other nominations or proposals must be received between January 6, 2027 and February 5, 2027.
Read the filing on SEC.gov ↗
Aug 5, 4:16 PM ET
Texas Pacific Land reported second-quarter 2026 total revenues of $246.1 million and net income of $153.9 million, or $2.23 per diluted share, up from $236.8 million and $142.9 million, or $2.07 per share, in the first quarter. The increase was driven mainly by a $27.4 million rise in oil and gas royalty revenue, with the average realized price rising to $42.17 per barrel of oil equivalent from $37.06. The company also declared a $0.60 quarterly dividend payable September 15, 2026, and disclosed an agreement to provide land and brackish water for Chevron's Project Kilby power and data center hub in Reeves County, Texas.
- Total revenues of $246.1 million for Q2 2026, up from $236.8 million in Q1 2026
- Net income of $153.9 million, or $2.23 per diluted share, versus $142.9 million, or $2.07, in Q1 2026
- Free cash flow of $155.5 million for Q2 2026; the company declared a $0.60 dividend payable September 15, 2026 to holders of record on September 1, 2026
- Earnings conference call scheduled for Thursday, August 6, 2026 at 9:30 a.m. Central Time
Read the filing on SEC.gov ↗
May 6, 4:18 PM ET
Texas Pacific Land reported first-quarter 2026 total revenue of $236.8 million, up from $196.0 million a year earlier, and net income of $142.9 million, or $2.07 per diluted share, up from $120.7 million a year earlier. The company also appointed Peter Doyle, co-founder and Co-Chief Executive Officer of Horizon Kinetics, which the filing says is TPL's largest shareholder, to its board under a Board Representative Agreement dated May 5, 2026.
- Q1 2026 total revenue was $236.8 million versus $196.0 million in Q1 2025, including $20.9 million of land sales.
- Net income was $142.9 million, or $2.07 per diluted share, versus $120.7 million in Q1 2025.
- Peter Doyle was appointed to the board on May 5, 2026 and will stand for re-election at the 2026 Annual Meeting, set for November 5, 2026.
- The board declared a quarterly cash dividend of $0.60 per share, payable June 15, 2026 to holders of record on June 1, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.