Earnings ·
Texas Pacific Land reports Q3 net income of $167.4M, declares $0.60 quarterly dividend
TPLTexas Pacific Land Corp
Texas Pacific Land Corporation reported third-quarter 2026 consolidated revenues of $273.4 million and net income of $167.4 million, or $2.42 per share diluted, marking record performance across its business segments. Oil and gas royalty revenue reached $167.3 million with production averaging 42.3 thousand barrels of oil equivalent per day. The company also declared a quarterly cash dividend of $0.60 per share, payable on December 15, 2026 to stockholders of record as of December 1, 2026. Texas Pacific Land Corporation is one of the largest land and royalty owners in Texas, generating revenue through oil and gas royalties, water services, and surface easements.