secwatch.observer — SEC 8-K summary
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Issuer:     Texas Pacific Land Corp (TPL)
CIK:        0001811074
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001811074-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas Pacific Land Q2 net income $118.9M, revenue $176.3M, up 108% YoY
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- Net income $118.9M ($15.37 EPS) vs $57.0M in Q2 2021, up 108.4%.
- Revenue $176.3M; oil & gas royalty revenue increased $63.1M YoY; average realized price $70.36/Boe.
- Royalty production 19.8 MBoe/d (16.4 MBoe/d in Q2 2021); water sales volume up 55%.
- Entered bitcoin mining agreements with Mawson and JAI, and carbon capture study with Milestone Carbon.
- Declared $3.00/quarter dividend payable Sept 15; board proposes declassification for 2022 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811074/000181107422000050/0001811074-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811074/000181107422000050/tpl-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001811074-22-000050

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