Texas Pacific Land Corp (TPL) Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.
Sector: Oil Royalty Traders
Industry: Oil & Gas Exploration & Production
Texas Pacific Land Corporation NYSE:TPL Energy · Oil & Gas Exploration & Production
Mkt Cap $23.33B
Div Yield 0.69%
AH Close $338.26 +0.00% vs close
AH Close $338.26 +0.00% vs close
Mkt Cap $23.33B
Div Yield 0.69%
All Press Release SEC Filings News
Press Release
Texas Pacific Land Corporation Sets Dates for Third Quarter 2026 Earnings Release and Conference Call
Texas Pacific Land Corporation will release third quarter 2026 financial results after the market close on Wednesday, November 4, 2026.
A conference call is scheduled for Thursday, November 5, 2026 at 10:30 a.m. Eastern Time, with a webcast available on the company's investor relations website.
This is a scheduling notice only and contains no financial results; agents should wait for the November 4 release for substantive data.
• 17d ago AI analysis › News
A Look at Texas Pacific Land Corp (TPL) After 3.3% Gain -- GF Value $412.02 vs Price $336.46
gurufocus.com • 23d ago SEC Filing
TPL: 8-K · leadership change
Texas Pacific Land Corporation amended the employment agreements of CEO Tyler Glover, CFO Chris Steddum, and SVP/General Counsel Micheal Dobbs on September 25, 2026, extending their terms from December 31, 2026 to December 31, 2029.
The agreements auto-renew for one-year terms unless either party gives notice at least 120 days before expiration, and all other terms remain unchanged. This is a retention move locking in the leadership team through 2029.
The company also disclosed its 2027 annual meeting will be held May 6, 2027 — more than 30 days off the 2026 meeting anniversary — so stockholder proposals under Rule 14a-8 are due by November 27, 2026, and advance director nominations must be received between January 6 and February 5, 2027.
SEC 8-K • 0mo ago AI analysis › SEC Filing ⚠ 3
TPL: DEF 14A · proxy statement
Texas Pacific Land Corporation filed its DEF 14A for the 2026 Annual Meeting on November 5, 2026, with stockholders voting on four proposals: electing nine directors, an advisory say-on-pay vote, ratifying Deloitte & Touche as auditor, and approving redomestication from Delaware to Texas by conversion.
The most notable item is Proposal 4: the Board recommends redomesticating to Texas, citing Texas's 2025 law amendments codifying the business judgment rule, the new Texas Business Court, reduced litigation exposure, and roughly $200,000 per year in eliminated Delaware franchise taxes.
The redomestication, if approved, is anticipated to become effective November 17, 2026, with no change to the company's name, NYSE listing under 'TPL', share count (each share converts one-for-one), or business operations.
SEC DEF 14A • 0mo ago SEC Filing ⚠ 5
TPL: PRE 14A · proxy statement
Texas Pacific Land Corporation filed its preliminary proxy statement for the November 5, 2026 annual meeting, where stockholders will vote on four proposals: electing nine directors, an advisory say-on-pay vote, ratifying Deloitte & Touche as independent auditor, and approving the redomestication of the company from Delaware to Texas by conversion.
The redomestication, if approved, would convert TPL into a Texas corporation effective November 17, 2026. Each of the 68,974,683 shares outstanding as of the September 10, 2026 record date would convert one-for-one, and the stock would continue trading on NYSE under the symbol TPL with no change to operations, management, headquarters, or ticker.
The board argues that Texas's 2025 law changes — including codification of the business judgment rule under Senate Bill 29, a newly created Texas Business Court, and jury trial waivers — offer more predictable governance than Delaware and may reduce litigation costs and D&O insurance premiums. The move would also eliminate roughly $200,000 in annual Delaware franchise taxes, and follows similar redomestications by Dell Technologies, ExxonMobil, and Tesla.
Approval of Proposal 4 requires a majority of outstanding shares, with abstentions and broker non-votes counting against it — a higher hurdle than the other proposals. The board acknowledges the risk of stockholder litigation and criticism over reduced litigation rights, but recommends a FOR vote on all four proposals.
SEC PRE 14A • 1mo ago News
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gurufocus.com • 2mo ago Press Release ● Major
Texas Pacific Land Corporation Announces Second Quarter Results
Texas Pacific Land Corporation reported record financial results for the second quarter of 2026, achieving consolidated revenue of $246.1 million and net income of $153.9 million, driven by record oil and gas royalty production and elevated commodity prices.
The company announced a strategic agreement with Chevron to provide land and water resources for the Project Kilby data center hub and completed $110.2 million in land acquisitions to expand its power generation initiatives.
Additionally, TPL declared a quarterly dividend of $0.60 per share and appointed Peter Doyle, Co-CEO of largest shareholder Horizon Kinetics, to its board of directors.
• 2mo ago AI analysis › Press Release
Texas Pacific Land Corporation Sets Dates for Second Quarter 2026 Earnings Release and Conference Call
Texas Pacific Land Corporation announced it will release second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026.
The company has scheduled a conference call to discuss the results for Thursday, August 6, 2026 at 10:30 a.m. Eastern Time.
Texas Pacific Land is one of the largest land and royalty owners in the Permian Basin, generating revenue from land use fees, material sales, and oil and gas royalty interests.
• 3mo ago AI analysis › News
Why Texas Pacific Land Corporation Rallied Over 50% in the First Half of 2026
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zacks.com • 3mo ago Press Release
Texas Pacific Land Corporation Announces Agreement to Provide Land and Water Solutions to Chevron for a Large-Scale Power Project
Texas Pacific Land Corporation (TPL) announced an agreement with Chevron U.S.A. Inc. to provide surface acreage and brackish water resources for Chevron’s Project Kilby, a large-scale power generation facility in Reeves County, Texas.
Under the terms, TPL received cash consideration and secured the exclusive right to source aquifer-derived water for the facility, supporting data center operations in the Permian Basin.
Management highlighted the deal as validation of West Texas as a compute infrastructure hub, leveraging TPL's extensive land holdings and water access to support growing power demands.
• 4mo ago AI analysis › News
Texas Pacific Land Corporation: Data Center Is A Game Changer - Rating Upgrade
seekingalpha.com • 5mo ago News
Texas Pacific Land: The Water Thesis Can't Be Ignored Any Longer
seekingalpha.com • 5mo ago SEC Filing ⚠ 3
TPL: 8-K · other
Texas Pacific Land Corporation (TPL) disclosed its Investor Day presentation, highlighting a diversified revenue model anchored by high-margin water services and land management. The company reported $386 million in water segment revenue for FY 2025, representing 48% of consolidated revenue, with a 52% net income margin for the water segment and 60% for the consolidated entity.
TPL is advancing its produced water desalination technology, with Phase 2 operations commencing in May 2026. The company has completed an $8 million Phase 1 pilot and is investing $31 million in Phase 2, aiming for commercial scale via licensing or joint ventures to maintain a capital-light model.
In a strategic expansion into data centers, TPL invested $50 million in Bolt Data & Energy, a company co-founded by Eric Schmidt. Bolt has raised $150 million in initial capital and is pursuing multi-GW data center projects in Texas and Europe, leveraging TPL’s land, water, and gas infrastructure.
SEC 8-K • 5mo ago News
How Texas Pacific Land Could Be One Of The Market's Biggest Winners
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Texas Pacific Land Corporation (TPL) Q1 2026 Earnings Call Transcript
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Texas Pacific (TPL) Beats Q1 Earnings Estimates
zacks.com • 5mo ago Press Release ● Major
Texas Pacific Land Corporation Announces First Quarter Results
Texas Pacific Land reported record quarterly revenue of $236.8 million and net income of $142.9 million, or $2.07 per share, driven by robust oil and gas royalties and a $20.9 million land sale for a data center project.
Adjusted EBITDA reached $181.4 million with free cash flow of $136.4 million, supported by an unhedged commodity position and an average realized price of $37.06 per Boe.
The Board declared a quarterly dividend of $0.60 per share and appointed Peter Doyle, Co-CEO of largest shareholder Horizon Kinetics, as a new director.
• 5mo ago AI analysis › Press Release
TPL Announces the Appointment of Peter Doyle to the Board
Texas Pacific Land Corporation appointed Peter Doyle to its Board of Directors; Doyle is Co-CEO of Horizon Kinetics, TPL's largest shareholder.
Doyle was also assigned to the strategic acquisitions committee and will stand for re-election at the 2026 Annual Meeting.
The appointment follows the sudden passing of Murray Stahl, with Doyle stating his intent to preserve Stahl's legacy and advocate for all shareholders.
• 5mo ago AI analysis › News
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Texas Pacific (TPL) Reports Next Week: Wall Street Expects Earnings Growth
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Texas Pacific Land Corporation Sets Dates for First Quarter 2026 Earnings Release and Conference Call
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Texas Pacific (TPL) Soars 8.5%: Is Further Upside Left in the Stock?
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TPL Announces the Passing of Murray Stahl
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TPL Sets RSVP Deadline for May 18, 2026 Midland Office and Field Visit
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Why Texas Pacific Land Corporation Rallied Over 50% in February
fool.com • 7mo ago 17 fund position changes (13F filings)Recent SEC filings with analysis