Texas Pacific Land Q2 net income $116.1 million, down from first quarter
Texas Pacific Land Corporation reported second-quarter 2025 net income of $116.1 million, or $5.05 per diluted share, and total revenues of $187.5 million, both down from the first quarter of 2025. For the six months ended June 30, 2025, net income rose to $236.8 million from $229.0 million a year earlier, and the Board declared a $1.60 per share quarterly dividend payable September 16, 2025.
Key points
- Q2 2025 total revenues were $187.5 million, versus $196.0 million in Q1 2025; net income was $116.1 million, versus $120.7 million.
- Easements and other surface-related income rose to $36.2 million from $18.2 million in Q1 2025, while produced water royalties were $30.7 million.
- Six-month total revenues were $383.5 million, up from $346.5 million for the same period of 2024.
- Quarterly dividend of $1.60 per share is payable September 16, 2025, to holders of record on September 2, 2025.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.