secwatch.observer — SEC 8-K summary
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Issuer:     Texas Pacific Land Corp (TPL)
CIK:        0001811074
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001811074-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Texas Pacific Land Q4 net income $99.7M, EPS $12.95; full-year record; dividend raised to $3.25
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- Q4 net income $99.7M ($12.95 EPS) vs $79.0M in Q4 2021; revenues $152.7M.
- Full-year net income $446.4M ($57.80 EPS) vs $270.0M in 2021; revenues $667.4M.
- Adjusted EBITDA $133.9M (Q4) and $591.8M (FY); royalty production 21.3k boe/d.
- Board declared $3.25 quarterly dividend payable March 15, 2023, up from $3.00.
- $250M stock repurchase program approved for 2023; $87.9M repurchased in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811074/000181107423000012/0001811074-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811074/000181107423000012/tpl-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001811074-23-000012

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