secwatch.observer — SEC 8-K summary
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Issuer:     Texas Pacific Land Corp (TPL)
CIK:        0001811074
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001811074-22-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPL Q1 net income $97.9M, special dividend $20/share declared
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- Net income $97.9M ($12.65 EPS), up 95.6% YoY; revenue $147.3M, up 63.2M.
- Royalty production 20.8K boe/d (+27% YoY); realized price $58.31/boe vs $35.04.
- Special dividend $20.00/share and quarterly dividend $3.00, both payable June 15.
- Board expanded to 10 with appointments of Rhys J. Best and Karl F. Kurz.
- $100M stock repurchase program active, expires Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811074/000181107422000025/0001811074-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811074/000181107422000025/tpl-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001811074-22-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer