{"schema_version":"secwatch.filing_event.v1","accession":"0001811074-23-000039","form_type":"8-K","ticker":"TPL","cik":"0001811074","company_name":"Texas Pacific Land Corp","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.353307+00:00","generated_at":"2026-06-12T14:34:53.759034+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TPL Q2 net income falls to $100.4M from $118.9M; royalty production hits record 24.9K boe/d","bullets":["Net income $100.4M ($13.06 basic EPS), revenue $160.6M; prior Q2 net income $118.9M, revenue $176.3M.","Royalty production record 24.9K boe/d (up 26% YoY); avg realized price $38.04/Boe, down 45.9% from $70.36.","Water sales & produced water royalties up $17.5M; easements & surface income up $4.7M; total op expenses $40.3M (+$15.8M).","Board declared $3.25/share dividend payable Sept 15; $19.5M in Q2 stock repurchases.","Six-month net income $187.0M (down 13.8% YoY); includes $8.7M arbitration stipulation for royalty underpayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001811074-23-000039","json":"https://secwatch.observer/filing/0001811074-23-000039.json","markdown":"https://secwatch.observer/filing/0001811074-23-000039.md","text":"https://secwatch.observer/filing/0001811074-23-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000039/0001811074-23-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000039/tpl-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T14:34:53.759034+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":"68144ac3febb1622fa992263d4c8510dbe12f2bc","claim":"Texas Pacific Land Corp reported six months ended June 30, 2023 results: revenue Revenues of $307.0 million, net income Net income of $187.0 million, EPS $24.31 per share (basic) and $24.30 per share (diluted).","evidence_excerpt":"Six Months Ended June 30, 2023 Highlights • Net income of $187.0 million, or $24.31 per share (basic) and $24.30 per share (diluted) • Revenues of $307.0 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000039/0001811074-23-000039-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"Revenues of $307.0 million"},{"label":"Net income","value":"Net income of $187.0 million"},{"label":"EPS","value":"$24.31 per share (basic) and $24.30 per share (diluted)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"da8a2e3a117d975191d440d595ab953c827687e9","claim":"Texas Pacific Land Corp reported second quarter of 2023 results: revenue Revenues of $160.6 million, net income Net income of $100.4 million, EPS $13.06 per share (basic) and $13.05 per share (diluted).","evidence_excerpt":"Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or \"TPL\") today announced its financial and operating results for the second quarter of 2023. Second Quarter 2023 Highlights • Net income of $100.4 million, or $13.06 per share (basic) and $13.05 per share (diluted) • Revenues of $160.6 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000039/0001811074-23-000039-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"Revenues of $160.6 million"},{"label":"Net income","value":"Net income of $100.4 million"},{"label":"EPS","value":"$13.06 per share (basic) and $13.05 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"}