Every 8-K that Texas Pacific Ld (TPL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TPL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TPL filings page.
Texas Pacific Land Corporation reported record second‑quarter 2026 results, with consolidated revenue of $246.1 million and net income of $153.9 million, or $2.23 per diluted share. For the first six months of 2026, revenue was $482.9 million and net income $296.8 million, both higher than the prior year.
Performance was driven by oil and gas royalty revenue of $145.6 million, supported by an average realized price of $42.17 per Boe and production of 39.7 thousand Boe per day, and by water‑related revenue including $39.7 million of water sales and $37.1 million of produced water royalties. Adjusted EBITDA reached $215.6 million with free cash flow of $155.5 million in the quarter.
The company advanced growth initiatives by agreeing with a Chevron subsidiary to supply land and brackish water for Project Kilby, acquiring $110.2 million of land tied to data center and power projects, and completing construction of a 10,000‑barrel‑per‑day produced‑water desalination test facility. The board declared a quarterly cash dividend of $0.60 per share, payable September 15, 2026.
Texas Pacific Land Corporation entered into an agreement with Chevron U.S.A. Inc. to provide land and brackish water resources for Project Kilby, a large-scale power generation facility supporting a customer data center in Reeves County, Texas.
Under the agreement, Texas Pacific Land contributed surface acreage in exchange for cash consideration and secured the exclusive right to source aquifer-derived water for the power facility and related project needs. The companies highlight water stewardship, with Texas Pacific Land planning to supply non-potable brackish groundwater and continue developing solutions for reuse of desalinated produced water from oil and gas operations in the Permian Basin.
Texas Pacific Land Corporation used its Investor Day to highlight how its surface estate and water businesses generate high-margin cash flow and support Permian Basin development. In fiscal 2025, these activities produced about $386 million of revenue, representing 48% of consolidated revenue.
The standalone water segment has been profitable every year since inception, with cumulative post-tax cash flow of about $811 million versus $190 million of sourced and treated water capex and $39 million of desalination capex. The company reported fiscal 2025 net income margins of 60% consolidated, 66% for land and resource management, and 52% for water services and operations.
Management outlined growth in water sales volumes to 763 thousand barrels per day in 2025 and produced water royalty volumes of 4,292 thousand barrels per day, driving about $124 million of 2025 produced water royalty revenue with essentially no direct operating costs. The presentation also described a phased, patented freeze desalination program, including an initial pilot with strong water quality results and a Phase 2 facility designed for about 10,000 barrels per day, plus strategic options to commercialize desalination in a capital-light way. In data centers, TPL discussed its $50 million investment in Bolt Data & Energy to pursue multi-gigawatt data center and power projects that may benefit from TPL’s land, water and potential desalination capabilities.
Texas Pacific Land Corporation reported strong first quarter 2026 results, with total revenue of $236.8 million and net income of $142.9 million, or $2.07 per diluted share. Adjusted EBITDA was $181.4 million and free cash flow was $136.4 million, reflecting high-margin, capital-light operations.
Oil and gas royalty revenue reached $118.2 million on production of 37.1 thousand Boe per day, while Water Services and Operations generated $46.9 million of water sales and $33.5 million of produced water royalties. The company closed a data center–related land transaction with aggregate consideration of $42.5 million, recognizing $20.9 million of land sale revenue and a financing receivable, and declared a $0.60 per share quarterly dividend. The board entered into a Board Representative Agreement with Horizon Kinetics and appointed its co-founder Peter Doyle as a director and member of the strategic acquisitions committee, with re‑election expected at the 2026 annual meeting.
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.
Texas Pacific Land Corporation reported strong fourth-quarter and full-year 2025 results, highlighted by record consolidated revenue, net income, and free cash flow. Full-year revenue reached $798.2 million, up from $705.8 million, while net income rose to $481.4 million, or $6.97 per diluted share. Free cash flow was $498.3 million and Adjusted EBITDA was $687.4 million, reflecting high margins across royalties, surface, and water businesses.
In the fourth quarter, revenue was $211.6 million and net income was $123.3 million, or $1.79 per diluted share, with oil and gas royalty production of 37.5 thousand Boe per day. Water sales revenue was $60.7 million and produced water royalties were $33.5 million, both supported by higher volumes.
The company completed a $450.7 million all-cash acquisition of 17,306 net royalty acres, invested $50 million in a data infrastructure venture, entered a $500 million undrawn revolving credit facility, and effected a three-for-one stock split. The board declared a quarterly dividend of $0.60 per share, a 12.5% increase, payable March 16, 2026.
Texas Pacific Land Corporation announced a strategic agreement with Bolt Data & Energy, Inc. to develop and enable large-scale data center campuses and supporting infrastructure on Company-owned property. This positions the Company’s land to host major data center developments rather than just traditional uses.
The Company also disclosed that Horizon Kinetics Asset Management LLC, a subsidiary of Horizon Kinetics Holding Corporation, intends to make a significant equity investment in Bolt through affiliated funds. Because Murray Stahl is both a director of the Company and the Chief Executive Officer, Chairman and Chief Investment Officer of Horizon Kinetics Asset Management, the Company and its Audit Committee reviewed the proposed investment and took steps to alleviate potential conflicts of interest.
Texas Pacific Land Corporation is implementing a three-for-one forward stock split of its common stock. The company amended its Second Amended and Restated Certificate of Incorporation to effect the split and to increase authorized common shares from 46,536,936 to 139,610,808. The amendment becomes effective at 5:00 p.m. Eastern Time on December 22, 2025.
The record date for the stock split is December 12, 2025, with split shares distributed on December 22, 2025. Trading in the company’s common stock is expected to begin on a split-adjusted basis on December 23, 2025. The stock will continue to trade on the New York Stock Exchange and NYSE Texas, Inc. under the symbol TPL, and the CUSIP number and par value will remain unchanged.
Texas Pacific Land (TPL) reported results from its November 6, 2025 Annual Meeting. Stockholders elected nine directors. The non-binding say‑on‑pay advisory vote passed with 12,114,623 votes for, 1,880,392 against, and 158,547 abstentions. Deloitte & Touche LLP was ratified as auditor with 18,742,289 votes for, 102,084 against, and 72,667 abstentions. A stockholder proposal to reduce the threshold to call a special meeting from 25% to 10% did not pass, with 2,180,247 for and 11,923,663 against. Quorum was met with 18,923,012 shares present or represented by proxy.
Texas Pacific Land Corporation furnished a press release announcing financial results for the three and nine months ended September 30, 2025, and posted an updated investor presentation. Both materials were made available on November 5, 2025.
The press release is furnished as Exhibit 99.1 and the investor presentation as Exhibit 99.2. The company noted that the information provided under Item 7.01, including these exhibits, is being furnished and not deemed filed under the Exchange Act.
Texas Pacific Land (TPL) entered a new unsecured revolving credit facility of up to $500.0 million, with the option to request up to an additional $250.0 million in lender commitments, effective October 23, 2025. The facility matures on October 23, 2029 and is currently undrawn.
Borrowings will bear interest at term SOFR plus 2.25% when the consolidated total leverage ratio is ≤ 2.0x or 2.50% when above 2.0x, or at a base rate plus 1.25% or 1.50% on the same leverage tiers, with customary letter of credit fees. There is no scheduled principal amortization prior to maturity, and the company may borrow, prepay, and reborrow, and reduce or terminate commitments, subject to conditions.
Covenants include a minimum consolidated interest coverage ratio of 3.0x and a maximum consolidated total leverage ratio of 3.50x. A springing senior security interest in substantially all subsidiary equity applies if total leverage exceeds 2.50x. Potential uses include capital expenditures, working capital, acquisitions, and general corporate purposes.
Texas Pacific Land Corporation reported that director Eric L. Oliver has decided not to stand for reelection at the company’s 2025 annual meeting of stockholders. He will continue serving on the Board of Directors until the annual meeting.
The company stated that Mr. Oliver’s decision is not due to any disagreement with the company or the Board regarding its operations, policies, practices, or any other matter. In connection with his decision, the Board removed him as a nominee for election at the annual meeting and determined to reduce the size of the Board from ten directors to nine, effective as of the annual meeting.
Texas Pacific Land Corporation disclosed a dual listing of its common stock on NYSE Texas under the trading symbol TPL. The company furnished a press release announcing the listing as Exhibit 99.1 and included the cover page interactive data file as Exhibit 104. The filing states the furnished information is not deemed filed for Section 18 purposes and is not incorporated by reference in other securities filings unless specifically referenced. The report does not include additional financial statements or material transaction disclosures beyond the exhibits furnished.
The board approved the Fourth Amended and Restated Bylaws to add a proxy access right and make conforming, clarifying and administrative changes. Under the new bylaws, a stockholder or a group of up to 20 stockholders that has continuously owned at least 3% of outstanding common stock for three consecutive years may nominate the greater of two or 25% of the board, provided nominees meet the bylaws' eligibility, procedural, content and notice requirements. Nomination notices generally must be delivered between the close of business on the 150th day and the 120th day before the anniversary of the prior year’s annual meeting, with specified exceptions if meeting timing changes. The full bylaw text is filed as Exhibit 3.1.
Summary: Texas Pacific Land Corporation filed a Form 8-K dated August 6, 2025, furnishing a press release (Exhibit 99.1) that announces financial results for the three and six months ended June 30, 2025, released to the press on August 6, 2025. The Company also posted an updated investor presentation (Exhibit 99.2) to its website, which includes a link to a video featuring CEO Tyler Glover. The Item 7.01 disclosure and Exhibits 99.1 and 99.2 are furnished and are not deemed "filed" under Section 18 of the Exchange Act. The report is signed by CFO Chris Steddum on August 6, 2025. The Company’s common stock trades on the NYSE under the symbol TPL.