---
schema_version: "secwatch.filing_event.v1"
accession: "0001811074-24-000013"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:15:21.818939+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TPL Q4 net income $113.1M ($14.73 EPS); revenue $166.7M; dividend raised to $3.50

## Summary
- Q4 2023 net income $113.1M ($14.73 diluted EPS) vs $99.7M in Q4 2022; revenue $166.7M (up 9.2% YoY).
- Record quarterly royalty production of 26.3K Boe/d; full-year production 23.5K Boe/d (up from 21.3K in 2022).
- Full-year net income $405.6M, down 9.1% YoY; revenue $631.6M, down $35.8M amid lower average commodity prices.
- Quarterly dividend increased to $3.50/share from $3.25; payable March 15, 2024 to holders of record March 1, 2024.
- Received $10.1M settlement for underpaid oil & gas royalties; $42.4M in stock repurchases during 2023.

## SEC filing metadata
- accession: 0001811074-24-000013
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000013/0001811074-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000013/tpl-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001811074-24-000013
- JSON: https://secwatch.observer/filing/0001811074-24-000013.json
- Plain text: https://secwatch.observer/filing/0001811074-24-000013.txt

## Key facts
- Earnings Releases
  Texas Pacific Land Corp reported the three months and year ended December 31, 2023 results: revenue $166.7 million, net income $113.1 million, EPS $14.73 per share (diluted).
  - Period: the three months and year ended December 31, 2023
  - Revenue: $166.7 million
  - Net income: $113.1 million
  - EPS: $14.73 per share (diluted)
  - Result: reported results
  source text: Net income of $113.1 million, or $14.73 per share (diluted) • Revenues of $166.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000013/0001811074-24-000013-index.htm
- Earnings Releases
  Texas Pacific Land Corp reported year ended December 31, 2023 results: revenue $631.6 million, net income $405.6 million, EPS $52.77 per share (diluted).
  - Period: year ended December 31, 2023
  - Revenue: $631.6 million
  - Net income: $405.6 million
  - EPS: $52.77 per share (diluted)
  - Result: reported results
  source text: Net income of $405.6 million, or $52.77 per share (diluted) • Revenues of $631.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000013/0001811074-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.