{"schema_version":"secwatch.filing_event.v1","accession":"0001811074-23-000023","form_type":"8-K","ticker":"TPL","cik":"0001811074","company_name":"Texas Pacific Land Corp","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.752278+00:00","generated_at":"2026-06-16T01:30:22.933314+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Texas Pacific Land Q1 net income $86.6M ($11.25 EPS) vs $97.9M prior year; revenues $146.4M","bullets":["Net income $86.6M (EPS $11.25 basic, $11.24 diluted) down from $97.9M in Q1 2022.","Revenues $146.4M, down slightly from $147.3M; oil & gas royalties $89.1M including $8.7M arbitration stipulation.","Average realized price fell 23.2% to $44.76/Boe; production steady at 20.9 MBoe/d.","Operating expenses rose $18.4M to $41.4M driven by higher legal and professional fees.","Quarterly dividend $3.25/share declared, payable June 15, 2023; $6.7M in stock repurchases during Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001811074-23-000023","json":"https://secwatch.observer/filing/0001811074-23-000023.json","markdown":"https://secwatch.observer/filing/0001811074-23-000023.md","text":"https://secwatch.observer/filing/0001811074-23-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000023/0001811074-23-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000023/tpl-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:30:22.933314+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b78f4d7faee767b27a0a0ea594cf4608cc258c10","claim":"Texas Pacific Land Corp reported the first quarter of 2023 results: revenue $146.4 million, net income $86.6 million, EPS $11.25 per share (basic) and $11.24 per share (diluted).","evidence_excerpt":"results for the first quarter of 2023. First Quarter 2023 Highlights • Net income of $86.6 million, or $11.25 per share (basic) and $11.24 per share (diluted) • Revenues of $146.4 million • Adjusted EBITDA (1) of $115.9 million • Free cash flow (1) of $88.0 million • Royalty production of 20.9 thousand barrels of oil equivalent per day • $6.7 million of common","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000023/0001811074-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2023"},{"label":"Revenue","value":"$146.4 million"},{"label":"Net income","value":"$86.6 million"},{"label":"EPS","value":"$11.25 per share (basic) and $11.24 per share (diluted)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}