---
schema_version: "secwatch.filing_event.v1"
accession: "0001811074-25-000042"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T12:22:35.829500+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TPL Q4 record royalty production 29.1K Boe/d; net income $118.4M, EPS $5.14

## Summary
- Full-year net income $454.0M ($19.72/diluted); revenues $705.8M, up 11.7%.
- Water segment records: sales $150.7M, produced water royalties $104.1M, net income $139.1M.
- Acquired mineral interests for $395.5M cash in 2024, adding ~11,600 net royalty acres.
- Quarterly dividend $1.60 payable Mar 17, 2025; total 2024 dividends $347.3M.
- Q4 Adj. EBITDA $161.3M; free cash flow $123.7M; full-year free cash flow $461.1M.

## SEC filing metadata
- accession: 0001811074-25-000042
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2025-02-19T23:59:59+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/1811074/000181107425000042/0001811074-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000181107425000042/tpl-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001811074-25-000042
- JSON: https://secwatch.observer/filing/0001811074-25-000042.json
- Plain text: https://secwatch.observer/filing/0001811074-25-000042.txt

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