secwatch.observer — SEC 8-K summary
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Issuer:     Texas Pacific Land Corp (TPL)
CIK:        0001811074
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001811074-25-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811074/000181107425000094/0001811074-25-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811074/000181107425000094/tpl-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001811074-25-000094

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