Texas Pacific Earnings Reports

TPL achieved record revenue of $203.1 million and net income of $121.2 million in Q3 2025, driven by increased water sales and oil and gas royalties.

Texas Pacific reported Q2 2025 revenue of $187.5 million and net income of $116.1 million, driven by strong oil and gas royalties and surface-related income. Operating income was $143.8 million, adjusted EBITDA reached $166.2 million, and free cash flow was $130.1 million. Production averaged 33.2 thousand Boe per day, and a quarterly dividend of $1.60 per share was declared. :contentReference[oaicite:0]{index=0}

Texas Pacific Land Corporation delivered a robust Q1 2025 with record oil and gas royalty production and water segment revenues, resulting in solid earnings and free cash flow.

TPL delivered solid financial results for Q4 2024, with total revenue of $185.78M and record royalty production of 29.1K Boe/d. Net income reached $118.36M, and free cash flow stood at $123.73M. The company continued expanding its asset base with significant acquisitions in the Midland Basin.

Texas Pacific Land Corporation announced strong Q3 2024 results, highlighted by strategic acquisitions in the Delaware and Midland Basins, record royalty production, and a 37% increase in the regular dividend. The company reported a net income of $106.6 million and adjusted EBITDA of $144.1 million.

Texas Pacific Land Corporation announced strong financial and operating results for the second quarter of 2024, with a record performance from its Water Service and Operations segment. The company reported consolidated revenues of $172.3 million and net income of $114.6 million, or $4.98 per share (diluted). A special cash dividend of $10.00 per share was declared.

Texas Pacific Land Corporation announced its financial results for the first quarter of 2024, reporting a net income of $114.4 million and revenues of $174.1 million, which included record water segment revenues of $62.7 million. The company's royalty production was 24.8 thousand barrels of oil equivalent per day, and it repurchased $10.3 million of common stock. The company also announced the development of a new energy-efficient method of produced water desalination and treatment.

Texas Pacific Land Corporation reported a net income of $113.1 million and revenues of $166.7 million for Q4 2023. The company's royalty production reached a record high, and both total consolidated revenues and free cash flow were the highest of any quarter in 2023.

Texas Pacific Land Corporation reported a net income of $105.6 million for Q3 2023, with revenues reaching $158.0 million. The company's royalty production was 21.8 thousand barrels of oil equivalent per day, and it generated $141.0 million in adjusted EBITDA and $106.1 million in free cash flow.

Texas Pacific Land Corporation announced its financial results for the second quarter of 2023, with net income of $100.4 million and revenues of $160.6 million. The company achieved new records in oil and gas royalty production, source water revenues and volumes, and produced water royalties.

Texas Pacific Land Corporation reported a net income of $86.6 million and revenues of $146.4 million for the first quarter of 2023. The company's royalty production was 20.9 thousand barrels of oil equivalent per day, and it repurchased $6.7 million of common stock. A quarterly cash dividend of $3.25 per share was paid on March 15, 2023.