---
schema_version: "secwatch.filing_event.v1"
accession: "0001811074-25-000094"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:22:59.361889+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001811074-25-000094
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811074/000181107425000094/0001811074-25-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000181107425000094/tpl-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001811074-25-000094
- JSON: https://secwatch.observer/filing/0001811074-25-000094.json
- Plain text: https://secwatch.observer/filing/0001811074-25-000094.txt

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