secwatch.observer — SEC 8-K summary
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Issuer:     Texas Pacific Land Corp (TPL)
CIK:        0001811074
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001811074-22-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPL Q3 net income $129.8M, revenues $191.1M; declares $3.00 dividend, new $250M buyback
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- Net income $129.8M ($16.83 per share) vs $83.8M YoY, +54.9%.
- Revenues $191.1M, up $67.4M YoY; oil & gas royalty revenue up $51.2M.
- Adjusted EBITDA $169.8M; royalty production 23.4 MBoe/d.
- Board declared $3.00/share quarterly dividend payable Dec 15, record Dec 8.
- Board approved new $250M stock repurchase program effective Jan 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811074/000181107422000069/0001811074-22-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811074/000181107422000069/tpl-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001811074-22-000069

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