Form 8-K · Current report
Texas Pacific Land Corporation 8-K, filed Nov 4, 2026
- Filed
- CIK
- 0001811074
- Accession no.
- 0001811074-26-000075
Summary
Texas Pacific Land Corporation reported record third-quarter 2026 results, with consolidated revenue of $273.4 million, net income of $167.4 million ($2.42 per diluted share) and free cash flow of $170.3 million, alongside record oil and gas royalty revenue of $167.3 million on production of 42.3 thousand barrels of oil equivalent per day. The company also said it agreed to provide land and brackish water resources to Chevron's Project Kilby, a large-scale power generation facility supporting a customer data center in Reeves County, Texas, and declared a quarterly dividend of $0.60 per share.
Key points
- Produced water royalty revenue reached $41.4 million on record volumes of 5.5 million barrels per day, and the Water Services and Operations segment generated $71.8 million in revenue.
- For the nine months ended September 30, 2026, net income was $464.2 million on total revenues of $756.3 million.
- TPL spent $122.7 million on land acquisitions in Shackelford, Jones, Winkler and Reeves Counties, Texas, tied partly to data center and power generation initiatives, and began commissioning a Phase 2B produced water desalination facility in Orla, Texas with anticipated capacity of 10,000 inlet barrels per day.
- The board declared a $0.60 per share quarterly dividend payable December 15, 2026 to stockholders of record as of December 1, 2026.
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 nine months ended September 30, 2026, which was released to the press on November 4, 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 November 4, 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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