TPL Q1 record net income $142.9M; appoints Hor. Kinetics co-CEO to board

Texas Pacific Land Corp

2026-Q1 EPS reported $2.07 revenue$236,818,000

Diluted EPS $2.07, total revenue $236.8M (record), Adj. EBITDA $181.4M, free cash flow $136.4M.
Sold land for data center power plant for $42.5M; recognized $20.9M land sale revenue and secured water supply agreement.
Peter Doyle, co-founder/Co-CEO of Horizon Kinetics (largest shareholder), appointed to Board; will serve on strategic acquisitions committee.
Quarterly dividend of $0.60 per share declared, payable June 15, 2026, unchanged.
Oil and gas royalty production 37.1k Boe/d (up 19% YoY); avg realized price $37.06/Boe.

item 1.01 item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Peter Doyle

Director

TPL · Texas Pacific Land Corp

Effective: 2026-05-05
Filed: May 6, 2026, 7:59 PM ET

On May 5, 2026, the Board appointed Peter Doyle to the Board.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Texas Pacific Land Corp reported the first quarter of 2026 results: revenue $236.8 million, net income $142.9 million, EPS $2.07 per share (diluted).

Period: the first quarter of 2026
Revenue: $236.8 million
Net income: $142.9 million
EPS: $2.07 per share (diluted)
Result: reported results

Exact text from the filing

income of $142.9 million for the first quarter of 2026 compared to net income of $123.3 million for the fourth quarter of 2025. Total revenues for the first quarter of 2026 were $236.8 million compared to $211.6 million for the fourth quarter of 2025. The increase in total revenues was primarily due to a $21.4 million increase in oil and gas royalty revenue and a $20.9

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Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Doyle was appointed as Director at Texas Pacific Land Corp.

Action: appointed
Role: Director

Exact text from the filing

On May 5, 2026, the Board appointed Peter Doyle to the Board.

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Source: SEC EDGAR

accession 0001811074-26-000033

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