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Texas Pacific Land Corporation (TPL)

US · Energy · Oil & Gas E&P

$347.20-0.39%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$246.1M
Revenue YoY
+31.2%
Net profit
$153.9M
Profit YoY
+32.5%
EPS
$2.23
EPS estimate
$2.14
Net margin
62.6%

EPS came in at 2.23 against a street estimate of 2.14 — a beat of 4.2%.

Key statistics

Market cap
$25.46B
P/E
47.2
Forward P/E
37.7
P/B
15.22
Book value
$24.25
EPS (TTM)
$7.82
Dividend yield
0.62%
52-week high
$544.86
52-week low
$268.08
50-day MA
$384.37
200-day MA
$393.04
Beta
0.62

Analyst view

Analysts rate Texas Pacific Land Corporation a hold (1 buy, 0 hold, 1 sell out of 2) with an average price target of $442.00.

From the latest earnings call · 2026-08-06

CONFIDENT TPL delivered record Q2 revenue ($246M, +31% YoY) and free cash flow ($156M, +20% YoY), driven by record oil/gas royalties and strong water royalties. Commissioning desalination facility; pursuing 25GW power/compute projects and $100M land acquisition in data center region. Q2 2026 TPL expanding beyond legacy Permian footprint into adjacent data center/power regions; Shackelford/Jones acquisition demonstrates confidence in broader West Texas compute opportunity. Analysts pressed suitability of land acquisitions outside legacy footprint and timing to revenue. Management confident: year-long diligence complete, Bolt partnership active, definitive deals imminent. Also probed water royalty sustainability and O&G production mix; management explained sequential gas-heavy shift temporary, normalized 40%+ oil mix expected. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
0.17%
Institutions
74.60%

Largest institutional holders

FundStake
Horizon Asset Management Inc/ny14.52%
BlackRock Inc8.63%
State Street Corp5.49%
Vanguard Capital Management, LLC5.49%
Vanguard Portfolio Management, LLC4.56%
Geode Capital Management, LLC2.37%
First Manhattan Co. LLC1.54%
SoftVest Advisors LLC1.54%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
TEXAS PACIFIC LAND CORPORATION - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Assets: $1,859.5 million (June 30, 2026) vs $1,623.3 million (Dec 31,
2026-08-05
Results announced · Q3 2026
TEXAS PACIFIC LAND CORPORATION Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Net Income: $153.9 million ($2.23 per share diluted); Q1 2026 was
2026-08-05
Reg FD disclosure · Q2 2026
TEXAS PACIFIC LAND CORPORATION – FORM 8-K SUMMARY BUSINESS & SEGMENT HIGHLIGHTS • Company announced agreement on June 23, 2026 to provide land and w
2026-06-23
Reg FD disclosure · Q2 2026
TEXAS PACIFIC LAND CORPORATION – FORM 8-K SUMMARY HEADLINE NUMBERS • No specific financial metrics provided – This Form 8-K is a disclosure filing f
2026-05-18
Quarterly report · Q1 2026
TEXAS PACIFIC LAND CORPORATION – Q1 2026 10-Q SUMMARY --- HEADLINE NUMBERS • Net income Q1 2026: $142.9 million (vs. $120.7 million Q1 2025; +18.4%
2026-05-06
Results announced · Q2 2026
TEXAS PACIFIC LAND CORPORATION Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income: $142.9 million ($2.07 per share diluted) for Q1 2026 • Total
2026-05-06
Annual report FY2025
TEXAS PACIFIC LAND CORPORATION – 2025 ANNUAL REPORT SUMMARY HEADLINE NUMBERS • Market capitalization: approximately $20.0 billion as of June 30, 202
2026-02-18
Quarterly report · Q3 2025
TEXAS PACIFIC LAND CORPORATION – Q3 2025 10-Q SUMMARY --- HEADLINE NUMBERS • Cash Position: $531.8 million as of Sept 30, 2025 (up from $369.8 mill
2025-11-05

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.60 / share
ex-date Sep 1, 2026 · pay Sep 15, 2026
2026-09-01
Dividend$0.60 / share
ex-date Jun 1, 2026 · pay Jun 15, 2026
2026-06-01
Dividend$0.60 / share
ex-date Mar 2, 2026 · pay Mar 16, 2026
2026-03-02
Split3 : 1
effective Dec 23, 2025
2025-12-23
Dividend$0.53 / share
ex-date Dec 1, 2025 · pay Dec 15, 2025
2025-12-01
Dividend$0.53 / share
ex-date Sep 2, 2025 · pay Sep 16, 2025
2025-09-02

Deals & corporate news

AnnouncementDate
Agreement to provide land and water solutions for large-scale power project
Texas Pacific Land Corporation announced on June 23, 2026, that it has agreed to provide land and water solutions to Chevron U.S.A. Inc. for a large-scale power project in West Texas. This r
2026-06-23
Strategic agreement to develop data center campuses on company property
Texas Pacific Land Corporation announced a strategic agreement with Bolt Data Energy, Inc. on December 17, 2025, to develop large-scale data center campuses on the company's owned property.
2025-12-17

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Data updated 2026-09-18.