---
schema_version: "secwatch.filing_event.v1"
accession: "0001811074-24-000047"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:51:37.682998+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TPL Q2 net income $114.6M, record water segment revenue $68.3M; special dividend $10/share paid

## Summary
- Q2 net income $114.6M ($4.98 diluted EPS) on revenues of $172.3M; Adj. EBITDA $153.2M, FCF $116.0M.
- Water segment records: sales $40.7M, produced water royalties $25.3M, total revenue $68.3M, segment net income $34.5M.
- Special cash dividend of $10.00/share paid July 15, 2024; quarterly dividend $1.17/share declared payable Sept 17.
- Target cash ~$700M; above that, deploy majority of FCF to share repurchases and dividends.
- Developed produced water desalination pilot; scaling to 10,000 bbls/day test facility.

## SEC filing metadata
- accession: 0001811074-24-000047
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000047/0001811074-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000047/tpl-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001811074-24-000047
- JSON: https://secwatch.observer/filing/0001811074-24-000047.json
- Plain text: https://secwatch.observer/filing/0001811074-24-000047.txt

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