Texas Pacific Land Corporation Announces Third Quarter Results
Business Wire•04/11/2026•16:15 ET
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Key Highlights
- ➤TPL Q3 revenue $273.4 million, up from $246.1 million sequentially
- ➤TPL Q3 net income $167.4 million, or $2.42 diluted EPS
- ➤Oil and gas royalty revenue reached record $167.3 million in Q3
- ➤Free cash flow hit record $170.3 million in Q3
- ➤TPL declared quarterly dividend of $0.60 per share payable December 15
Expert Statements
Tyler Glover, Chief Executive Officer of Texas Pacific Land Corporation
“Our third quarter results were the strongest in TPL’s history with new records set across our business.”
Tyler Glover, Chief Executive Officer of Texas Pacific Land Corporation
“TPL again generated record revenue, net income, and free cash flow.”
Tyler Glover, Chief Executive Officer of Texas Pacific Land Corporation
“Our royalty acreage benefited from robust development activity, elevated oil prices, and improved gas realizations, driving record oil and gas royalty revenue.”
Tyler Glover, Chief Executive Officer of Texas Pacific Land Corporation
“Pipeline easement revenue was strong as operators expanded development of midstream infrastructure.”
Tyler Glover, Chief Executive Officer of Texas Pacific Land Corporation
“The continued trend of growing Permian produced water supported record produced water royalty volumes and revenues.”
Tyler Glover, Chief Executive Officer of Texas Pacific Land Corporation
“Finally, our efforts towards data centers, power generation, and produced water desalination and beneficial reuse continue to progress, and we are steadfastly working to advance those into meaningful commercial outcomes.”
Texas Pacific Land Corporation Announces Third Quarter Results
– Achieved Record Consolidated Revenue, Net Income and Free Cash Flow((1))
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