Murray Stahl of Texas Pacific Land (NYSE: TPL) dies; largest holder CEO
Rhea-AI Filing Summary
Texas Pacific Land Corporation reported the passing of Murray Stahl, a member of its Board of Directors. Stahl also served as CEO, Chairman and Chief Investment Strategist of Horizon Kinetics Holding Corporation, which, through subsidiaries, is Texas Pacific Land’s largest shareholder.
The company highlights Stahl’s long-standing advocacy as a major shareholder and director, noting his role in supporting Texas Pacific Land’s evolution into a large publicly traded energy-related business. Texas Pacific Land is one of the largest landowners in Texas with approximately 882,000 acres, generating revenue from surface use, royalties, water services, materials sales and easements across the Permian Basin.
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Insights
Texas Pacific Land announces the death of a key director tied to its largest shareholder.
Texas Pacific Land Corporation disclosed that director Murray Stahl has died. Stahl was also CEO and Chairman of Horizon Kinetics Holding Corporation, whose subsidiaries are the company’s largest shareholder. His dual role linked board oversight with a major long-term investor.
Statements from the CEO and Board Chair emphasize Stahl’s long history with the business and his influence during its transformation into a major energy-related land and royalty company. The filing does not outline board succession steps or ownership changes, so any governance adjustments would likely appear in later disclosures.
8-K Event Classification
Key Figures
Key Terms
royalty interests financial
Permian Basin technical
saltwater disposal technical
midstream infrastructure projects technical
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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| Item 7.01 | Regulation FD Disclosure. |
On April 9, 2026, Texas Pacific Land Corporation (the “Company”) issued a press release announcing that Murray Stahl, a member of the Company’s Board of Directors, had passed away. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
The information included in this Item 7.01 of this Current Report on Form 8-K, including the attached Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description | ||
| 99.1 | Press release dated April 9, 2026 (furnished pursuant to Item 7.01). | ||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Texas Pacific Land Corporation | ||
| Date: April 9, 2026 | By: | /s/ Micheal W. Dobbs |
| Name: | Micheal W. Dobbs | |
| Title: | SVP, General Counsel and Secretary |
Exhibit 99.1
TPL Announces the Passing of Murray Stahl
Murray Stahl
DALLAS, TX (April 9, 2026) – Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) and the Company’s Board of Directors (“Board”) announced today that Murray Stahl, a member of TPL’s Board, has passed away. Mr. Stahl was the Chief Executive Officer, Chairman of the Board and Chief Investment Strategist of Horizon Kinetics Holding Corporation, which, through various owned subsidiaries, is TPL’s largest shareholder.
Ty Glover, CEO of TPL, said, “Murray was a tremendous advocate for TPL from the very day I joined the Company. His firm, Horizon Kinetics, along with its predecessors, had been TPL’s largest shareholder for many decades. Murray believed in the Company when it was still a thinly-traded, little-known trust that simply owned some land in west Texas. Today, TPL stands as one of the largest publicly-traded energy companies in the world—a transformation that seemed inconceivable to almost everyone just a decade ago. Everyone, that is, except Murray. He was a true independent thinker and a visionary who saw what others could not. I am saddened by his sudden passing, and I will miss his presence in the boardroom and outside of it. On behalf of the entire Company, I offer our condolences to Murray’s family.”
Rhys Best, Chairman of the Board of TPL, stated, “We will be forever grateful to Murray for his dedication and contribution to TPL. It has been a privilege for me and the other Board members to work alongside Murray. He will be greatly missed.”
Texas Pacific Land Corporation
Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 882,000 acres of land, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership provides revenue opportunities throughout the life cycle of a well. These revenue opportunities include fixed fee payments for use of the Company’s land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and/or treated produced water, revenue from the Company’s oil and gas royalty interests, and revenue related to saltwater disposal on the Company’s land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases and temporary permits principally related to a variety of land uses including, but not limited to, midstream infrastructure projects and hydrocarbon processing facilities.
Visit TPL at http://www.TexasPacific.com.
Contact:
Investor Relations
IR@TexasPacific.com