8-K
filed May 6, 2026, 7:59 PM ET
ticker TPL
CIK 0001811074
earnings
confidence high
sentiment positive
materiality 0.75
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.
Machine-readable event card
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- secwatch.filing_event.v1
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- 0001811074-26-000033
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- ticker
- TPL
- cik
- 0001811074
- company_name
- Texas Pacific Land Corp
- filed_at
- 2026-05-06T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:32.964206+00:00
- generated_at
- 2026-05-14T22:51:59.087680+00:00
- sec_items
- ["1.01", "2.02", "5.02", "7.01", "9.01"]
- event_type
- earnings
- sentiment
- positive
- materiality_score
- 0.75
- calibrated_materiality_score
- 0.75
- confidence
- high
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- https://secwatch.observer/filing/0001811074-26-000033
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- https://secwatch.observer/filing/0001811074-26-000033.md
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- https://secwatch.observer/filing/0001811074-26-000033.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1811074/000181107426000033/0001811074-26-000033-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1811074/000181107426000033/tpl-20260505.htm
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- deepseek-v4-flash:cloud@v2
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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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(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
FISCAL 2026 RESULTS Q1 2026 total sales increased 14.4% to $230.9 million Comparable store sales growth
of 13.9%; Two-year stack of 23.8% Q1 2026 Net Income of $7.8 million;
Q1 2026 adjusted EBITDA* of $13.9 million, more than double Q1 2025 results
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