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.
Key figures
- Eps
- 2.07
- Revenue
- 236818000
- Fcf
- 136409000
- Net income
- 142902000
- Adjusted ebitda
- 181397000
- Land sale revenue
- 20944000
- Water services revenue
- 83300000
- Oil gas royalty revenue
- 118167000
- Land and resource mgmt revenue
- 153600000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.