{"schema_version":"secwatch.filing_event.v1","accession":"0001811074-23-000051","form_type":"8-K","ticker":"TPL","cik":"0001811074","company_name":"Texas Pacific Land Corp","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.587495+00:00","generated_at":"2026-06-09T03:06:29.521776+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Texas Pacific Land Q3 net income $105.6M, down 18.6% YoY; revenue $158M","bullets":["Diluted EPS of $13.74 vs $16.95 a year ago; net income fell from $129.8M.","Oil & gas royalty revenue down $43.2M on lower avg price ($45.41/Boe vs $63.42) and lower production (21.8 vs 23.4 kboe/d).","Water sales and produced water royalties rose $3.7M; easements and other surface income up $4.1M.","Quarterly cash dividend of $3.25 declared, payable Dec 15 to holders of record Dec 1.","Repurchased $5.9M of common stock in Q3; $32.2M year-to-date."],"urls":{"canonical":"https://secwatch.observer/filing/0001811074-23-000051","json":"https://secwatch.observer/filing/0001811074-23-000051.json","markdown":"https://secwatch.observer/filing/0001811074-23-000051.md","text":"https://secwatch.observer/filing/0001811074-23-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000051/0001811074-23-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000051/tpl-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:06:29.521776+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":"6b10219486988e5440b7678efc1072c0161cbfdf","claim":"Texas Pacific Land Corp reported nine months ended September 30, 2023 results: revenue $464.9 million, net income $292.5 million, EPS $38.04 per share (diluted).","evidence_excerpt":"Nine Months Ended September 30, 2023 Highlights • Net income of $292.5 million, or $38.04 per share (diluted) • Revenues of $464.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000051/0001811074-23-000051-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended September 30, 2023"},{"label":"Revenue","value":"$464.9 million"},{"label":"Net income","value":"$292.5 million"},{"label":"EPS","value":"$38.04 per share (diluted)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a9a706fa8300bf6c7db3aa8630e07c57cd0b4316","claim":"Texas Pacific Land Corp reported third quarter of 2023 results: revenue $158.0 million, net income $105.6 million, EPS $13.74 per share (diluted).","evidence_excerpt":"Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or \"TPL\") today announced its financial and operating results for the third quarter of 2023. Third Quarter 2023 Highlights • Net income of $105.6 million, or $13.74 per share (diluted) • Revenues of $158.0 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811074/000181107423000051/0001811074-23-000051-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Revenue","value":"$158.0 million"},{"label":"Net income","value":"$105.6 million"},{"label":"EPS","value":"$13.74 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"}