Texas Pacific Land Corp major shareholder Horizon Kinetics Asset Management LLC reported purchasing 1 share of common stock on 2026-08-11 at $352.62 per share. Following this trade, the reporting person directly held 3,244,007 shares. A footnote states that on May 7, 2026, Horizon Kinetics Asset Management LLC filed an amended Schedule 13D reporting beneficial ownership of 10,109,933 shares, with the extent of its pecuniary interest described in that filing.
Horizon Kinetics Asset Management LLC, a more-than-10% owner of Texas Pacific Land Corp, reported purchasing 1 share of common stock at $345.10 on August 10, 2026. Following this transaction, it reported 3,244,006 shares held directly, with a footnote referencing prior Schedule 13D beneficial ownership of 10,109,933 shares.
Horizon Kinetics Asset Management LLC, a more than 10% owner of Texas Pacific Land Corp, reported purchasing 1 share of common stock on August 7, 2026 at $353.28 per share. Following this transaction, it directly holds 3,244,005 shares. A footnote references a recently amended Schedule 13D reporting 10,109,933 shares of beneficial ownership and states that the extent of Horizon Kinetics’ pecuniary interest in those shares is disclosed in that Schedule 13D.
Horizon Kinetics Asset Management LLC, a 10% owner of Texas Pacific Land Corp, reported purchasing 1 share of common stock on August 6, 2026 at 355.6200 per share. After this open-market transaction, it directly holds 3,244,004 shares of Texas Pacific Land common stock.
A related footnote notes that on May 7, 2026 Horizon Kinetics Asset Management LLC filed an amendment to its Schedule 13D reporting beneficial ownership of 10,109,933 shares, with the extent of its pecuniary interest in those shares described in that Schedule 13D filing.
Horizon Kinetics Asset Management LLC, a more-than-10% owner of Texas Pacific Land Corp, purchased 1 share of common stock on August 5, 2026 at $385.95 per share. Following this trade, it directly held 3,244,003 shares of Texas Pacific Land.
In a Schedule 13D amendment dated May 7, 2026, Horizon Kinetics reported beneficial ownership of 10,109,933 shares, indicating additional interests in Texas Pacific Land beyond the directly held position reported here.
Texas Pacific Land Corporation, a major Permian Basin land and royalty owner, reported higher results for the quarter ended June 30, 2026. Total revenues were $246.1 million versus $187.5 million a year earlier, and net income was $153.9 million versus $116.1 million, or diluted EPS of $2.23 versus $1.68. Growth was driven primarily by oil and gas royalties of $145.6 million, up from $95.0 million, supported by higher barrels of oil equivalent volumes and realized prices. Water services also expanded, with water sales of $39.7 million and produced water royalties of $37.1 million.
For the first six months of 2026, revenues were $482.9 million versus $383.5 million and net income was $296.8 million versus $236.8 million. Cash provided by operating activities rose to $334.9 million, and cash and cash equivalents were $248.6 million at June 30, 2026, supplemented by an undrawn $500 million revolving credit facility. The company targets approximately $700 million of cash and plans to return most free cash flow above that level through special dividends or share repurchases. A regular quarterly dividend of $0.60 per share was paid, and another $0.60 dividend was subsequently declared.
Strategically, the company acquired $110.2 million of land, including tracts for data center and power generation initiatives, and entered a long-term agreement with Chevron’s Project Kilby, recognizing $20.9 million of land sale revenue and recording a $21.4 million financing receivable tied to annual payments through 2046. It has invested $55.8 million cumulatively in a patented produced-water desalination facility, now constructed with an initial 10,000-barrel-per-day capacity and in commissioning, aimed at creating additional water solutions beyond subsurface disposal.
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.
Horizon Kinetics Asset Management LLC, a more than ten percent owner of Texas Pacific Land Corp, purchased 1 share of common stock on August 4, 2026 at $403.53 per share, increasing its directly held position to 3,244,002 shares. The trade was not made under a Rule 10b5-1 trading plan. A Schedule 13D amendment filed on May 7, 2026 reports 10,109,933 shares of beneficial ownership.
Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp, reported buying 1 share of common stock on August 3, 2026 at $392.66 per share, bringing its directly reported holdings in this account to 3,244,001 shares.
Footnotes state that HKAM had previously reported beneficial ownership of 10,109,933 shares in a Schedule 13D amendment filed May 7, 2026, and that the current change reflects a reduction of 19,688 shares delivered without consideration as part of a client in-kind redemption.
Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp, purchased 1 share of Common Stock on July 31, 2026 at $400.09 per share. Following this trade, it held 3,263,688 shares directly. A May 7, 2026 Schedule 13D amendment reported beneficial ownership of 10,109,933 shares. The transaction was not marked as made under a Rule 10b5-1 trading plan.