---
schema_version: "secwatch.filing_event.v1"
accession: "0001811074-26-000033"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:51:59.087680+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001811074-26-000033
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811074/000181107426000033/0001811074-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000181107426000033/tpl-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001811074-26-000033
- JSON: https://secwatch.observer/filing/0001811074-26-000033.json
- Plain text: https://secwatch.observer/filing/0001811074-26-000033.txt

## Source-grounded claims
- claim_id: 0b7406649c5f685c76fcd860230880d41f06c42d
  claim: 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).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811074/000181107426000033/0001811074-26-000033-index.htm
- claim_id: 66514cd7a8
  claim: Peter Doyle was appointed as Director at Texas Pacific Land Corp.
  evidence_excerpt: On May 5, 2026, the Board appointed Peter Doyle to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811074/000181107426000033/0001811074-26-000033-index.htm

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