Form 8-K · Current report
Texas Pacific Land Corporation 8-K, filed Aug 5, 2026
- Filed
- CIK
- 0001811074
- Accession no.
- 0001811074-26-000056
Summary
Texas Pacific Land Corporation reported record second-quarter 2026 results, with consolidated net income of $153.9 million ($2.23 per diluted share), consolidated revenues of $246.1 million, and free cash flow of $155.5 million, and said it agreed with a Chevron subsidiary to supply land and brackish water for Chevron's Project Kilby power generation and data center development in Reeves County, Texas. TPL also completed construction and began commissioning a 10,000 barrel-per-day produced water desalination facility in Orla, Texas, acquired $110.2 million of land in Shackelford, Jones, and Winkler Counties, and declared a quarterly dividend of $0.60 per share payable September 15, 2026.
Key points
- Second-quarter 2026 oil and gas royalty production was a record 39.7 thousand barrels of oil equivalent per day, with an average realized price of $42.17 per Boe.
- Produced water royalties revenue was $37.1 million in the quarter and water services and operations segment revenues were $82.2 million.
- The board appointed Horizon Kinetics co-founder and co-CEO Peter Doyle as a director on May 5, 2026.
- Six-month net income through June 30, 2026 was $296.8 million, or $4.30 per diluted share, versus $236.8 million a year earlier.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. Texas Pacific Land Corporation (“the Company”) hereby incorporates by reference the contents of a press release announcing financial results for the three and six months ended June 30, 2026, which was released to the press on August 5, 2026. A copy of the press release is furnished as Exhibit 99.1 to this current Report on Form 8-K. Item 7.01. Regulation FD Disclosure. On August 5, 2026, the Company posted to the Company’s website at www.texaspacific.com an updated investor presentation to be used, in whole or in part, from time to time in meetings with investors and analysts. …
An excerpt of the text as filed with the SEC, cut for length.
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