earnings
confidence high
sentiment positive
materiality 0.80
TPL Q1 2025: record oil/royalty production 31.1 MBoe/d, revenue $196M, net income $120.7M
Texas Pacific Land Corp
2025-Q1 EPS reported
$5.24
revenue$195,983,000
- Oil and gas royalty production of 31.1 thousand Boe/d, a Company record, vs 29.1 in Q4 2024 and 24.8 in Q1 2024.
- Water Services and Operations revenue of $69.4M, also a record; total revenue $196.0M vs $185.8M Q4 2024.
- Net income of $120.7M ($5.24 diluted EPS); Adjusted EBITDA $169.4M; Free cash flow $126.6M.
- Quarterly dividend declared $1.60/share, payable June 16, 2025, unchanged from prior quarter.
- Net well permits, DUCs, CUPs total 24.3 net wells (record); net producing wells 90.2.