Texas Pacific Land Q3 net income $121.2M ($5.27/diluted); record water segment revenues; $505M asset acquisitions

Texas Pacific Land Corp

2025-Q3 EPS reported $15.56 revenue$586,611,000

Q3 2025 net income $121.2M ($5.27 diluted EPS) vs. $116.1M in Q2 2025; record water segment revenues $80.8M.
Acquired ~17,306 net royalty acres (Midland Basin) for $474.1M and 8,147 surface acres for $505M total, all cash.
New $500M revolving credit facility undrawn; three-for-one stock split approved for December 2025.
Oil and gas royalty production record 36.3 thousand Boe/day; average realized price $34.10/Boe in Q3.
Quarterly dividend maintained at $1.60/share, payable Dec 15, 2025; record date Dec 1, 2025.

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