Texas Pacific Land Corp — fact timeline

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).

“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”

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

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

Texas Pacific Land Corp: Amendment to Second Amended and Restated Certificate of Incorporation to effect a three-for-one forward stock split, increasing authorized common shares from 46,536,936 to 139,610,808 (effective 2025-12-22).

“On December 2, 2025, the Company filed an amendment (the “Amendment”) to the Company’s Second Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Stock Split and proportionately increase the number of shares of the Company’s authorized Common Stock from 46,536,936 to 139,610,808.”

Texas Pacific Land Corp incurred revolving credit of $500.0 million, with ability to request increases of up to an additional $250.0 million with Wells Fargo Bank, National Association at term SOFR plus 2.25% or 2.50% depending on leverage; base rate plus 1.25% or 1.5 maturing October 23, 2029.

“The Credit Agreement provides for a revolving credit facility (the “Revolving Credit Facility”) in the aggregate principal amount of up to $500.0 million, and the ability to request potential increases in the commitments of the lenders of up to an additional $250.0 million; provided that any such request for an increase must be in a minimum amount of $50,000,000 or, if less, the amount remaining available for all such increases.”

Texas Pacific Land Corp: Adopted Fourth Amended and Restated Bylaws to implement proxy access right and make conforming, clarifying, administrative and other non-substantive changes (effective 2025-08-05).

“On August 5, 2025, the Board of Directors of Texas Pacific Land Corporation (the “ Company ”) approved and adopted the Fourth Amended and Restated Bylaws of the Company (the “ Fourth Amended and Restated Bylaws ”), which became effective upon approval, to implement a proxy access right, as well as to make certain conforming, clarifying, administrative and other non-substantive changes.”

Texas Pacific Land Corp: Possible amendment to certificate of incorporation mentioned but no description of change provided.

“Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Amendment to Certificate of Incorporation As further described under”

Texas Pacific Land Corp reported first quarter of 2024 results: revenue $174.1 million, net income $114.4 million, EPS $4.97 per share (diluted).

“of 10,000 barrels of produced water per day. • Three-for-one stock split effective March 26, 2024 • Net income of $114.4 million, or $4.97 per share (diluted) • Revenues of $174.1 million, including record water segment revenues of $62.7 million • Adjusted EBITDA (1) of $152.0 million • Free cash flow (1) of $114.5 million • Royalty production of 24.8 thousand”

Texas Pacific Land Corp: Increased total authorized shares of capital stock from prior amount to 47,536,936 shares (1,000,000 preferred and 46,536,936 common) (effective 2024-03-01).

“On March 1, 2024, Texas Pacific Land Corporation (the “Company”) filed a Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation of the Company (the “Amendment”) with the Secretary of State of the State of Delaware. Pursuant to the Amendment, Section 4.1(A) of Article IV of the Second Amended and Restated Certificate of Incorporation of the Company was amended and restated to provide that the total number of shares of capital stock of the Company be increased to 47,536,936 shares of capital stock, consisting of 1,000,000 shares of preferred stock, par value $0.01 per share, and 46,536,936 shares of common stock, par value $0.01 per share (“common stock”).”

Texas Pacific Land Corp reported year ended December 31, 2023 results: revenue $631.6 million, net income $405.6 million, EPS $52.77 per share (diluted).

“Net income of $405.6 million, or $52.77 per share (diluted) • Revenues of $631.6 million”

Texas Pacific Land Corp reported the three months and year ended December 31, 2023 results: revenue $166.7 million, net income $113.1 million, EPS $14.73 per share (diluted).

“Net income of $113.1 million, or $14.73 per share (diluted) • Revenues of $166.7 million”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding severance pay to senior managers as a breach of fiduciary duty. at the 2023-11-10 meeting.

“Proposal 9: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding severance pay to senior managers as a breach of fiduciary duty. 937,343 3,640,625 55,339 1,496,782”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding adopting a policy to request that the New York Stock Exchange not categorize any increase in the authorized number of shares as routine. at the 2023-11-10 meeting.

“Proposal 8: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding adopting a policy to request that the New York Stock Exchange not categorize any increase in the authorized number of shares as routine. 817,075 3,758,431 57,801 1,496,782”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding stockholders’ ability to act by written consent. at the 2023-11-10 meeting.

“Proposal 7: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding stockholders’ ability to act by written consent. 2,645,746 1,916,755 70,806 1,496,782”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding adopting a policy requiring executives to retain a significant portion of stock until retirement. at the 2023-11-10 meeting.

“Proposal 6: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder regarding adopting a policy requiring executives to retain a significant portion of stock until retirement. 1,363,789 3,198,829 70,689 1,496,782”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding adopting a policy that requires an independent Chair of the Company’s Board of Directors. at the 2023-11-10 meeting.

“Proposal 5: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding adopting a policy that requires an independent Chair of the Company’s Board of Directors. 959,602 3,607,743 65,962 1,496,782”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding the stockholders’ ability to call for a special stockholder meeting. at the 2023-11-10 meeting.

“Proposal 4: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding the stockholders’ ability to call for a special stockholder meeting. 2,790,007 1,799,137 44,163 1,496,782”

Texas Pacific Land Corp shareholders approved To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-11-10 meeting.

“Proposal 3: Votes For Votes Against Abstentions Broker Non-Votes To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023. 5,742,191 253,266 134,632 0”

Texas Pacific Land Corp shareholders approved To approve, by advisory non-binding vote, the executive compensation paid to our named executive officers. at the 2023-11-10 meeting.

“Proposal 2: Votes For Votes Against Abstentions Broker Non-Votes To approve, by advisory non-binding vote, the executive compensation paid to our named executive officers. 3,735,523 841,685 56,099 1,496,782”

Texas Pacific Land Corp shareholders approved Election of Marguerite Woung-Chapman as director at the 2023-11-10 meeting.

“Marguerite Woung-Chapman 4,035,891 494,060 103,356 1,496,782”

Texas Pacific Land Corp shareholders approved Election of Murray Stahl as director at the 2023-11-10 meeting.

“Murray Stahl 4,141,644 472,017 19,646 1,496,782”

Texas Pacific Land Corp shareholders approved Election of Robert Roosa as director at the 2023-11-10 meeting.

“Proposal 1: To elect three (3) members of the Company’s Board of Directors to serve until the 2024 annual meeting of stockholders. Votes For Votes Against Abstentions Broker Non-Votes Robert Roosa 4,113,916 379,724 139,667 1,496,782”

Texas Pacific Land Corp reported nine months ended September 30, 2023 results: revenue $464.9 million, net income $292.5 million, EPS $38.04 per share (diluted).

“Nine Months Ended September 30, 2023 Highlights • Net income of $292.5 million, or $38.04 per share (diluted) • Revenues of $464.9 million”

Texas Pacific Land Corp reported third quarter of 2023 results: revenue $158.0 million, net income $105.6 million, EPS $13.74 per share (diluted).

“Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the third quarter of 2023. Third Quarter 2023 Highlights • Net income of $105.6 million, or $13.74 per share (diluted) • Revenues of $158.0 million”

Texas Pacific Land Corp reported six months ended June 30, 2023 results: revenue Revenues of $307.0 million, net income Net income of $187.0 million, EPS $24.31 per share (basic) and $24.30 per share (diluted).

“Six Months Ended June 30, 2023 Highlights • Net income of $187.0 million, or $24.31 per share (basic) and $24.30 per share (diluted) • Revenues of $307.0 million”

Texas Pacific Land Corp reported second quarter of 2023 results: revenue Revenues of $160.6 million, net income Net income of $100.4 million, EPS $13.06 per share (basic) and $13.05 per share (diluted).

“Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the second quarter of 2023. Second Quarter 2023 Highlights • Net income of $100.4 million, or $13.06 per share (basic) and $13.05 per share (diluted) • Revenues of $160.6 million”

John R. Norris III departed as Director at Texas Pacific Land Corp.

“On July 27, 2023, David E. Barry and John R. Norris III notified the Board that they will not stand for reelection at the 2023 Annual Meeting.”

David E. Barry departed as Director at Texas Pacific Land Corp.

“On July 27, 2023, David E. Barry and John R. Norris III notified the Board that they will not stand for reelection at the 2023 Annual Meeting.”

Texas Pacific Land Corp: Declassification of the board of directors via amendment to the Amended and Restated Certificate of Incorporation (effective 2023-05-18).

“On November 16, 2022, the stockholders of Texas Pacific Land Corporation (the “Company”) voted to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation, providing for the declassification of the board of directors (the “Declassification Amendment”). The Declassification Amendment became effective upon the filing of a Second Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware on May 18, 2023.”

Texas Pacific Land Corp shareholders rejected amendment to the Company’s Certificate of Incorporation increasing the authorized shares of common stock from 7,756,156 shares to 46,536,936 shares at the 2023-05-18 meeting.

“Set forth below are the voting results on Proposal 4, as provided by the Inspector of Election: Votes For Votes Against Abstentions Broker Non- Votes Proposal to approve an amendment to the Company’s Certificate of Incorporation increasing the authorized shares of common stock from 7,756,156 shares to 46,536,936 shares. 2,518,781 4,158,907 34,090 0”

Texas Pacific Land Corp reported the first quarter of 2023 results: revenue $146.4 million, net income $86.6 million, EPS $11.25 per share (basic) and $11.24 per share (diluted).

“results for the first quarter of 2023. First Quarter 2023 Highlights • Net income of $86.6 million, or $11.25 per share (basic) and $11.24 per share (diluted) • Revenues of $146.4 million • Adjusted EBITDA (1) of $115.9 million • Free cash flow (1) of $88.0 million • Royalty production of 20.9 thousand barrels of oil equivalent per day • $6.7 million of common”

Texas Pacific Land Corp reported the year ended December 31, 2022 results: revenue $667.4 million, net income $446.4 million, EPS $57.80 per share (basic) and $57.77 per share (diluted).

“Net income of $446.4 million, or $57.80 per share (basic) and $57.77 per share (diluted) • Revenues of $667.4 million”

Texas Pacific Land Corp reported the three months ended December 31, 2022 results: revenue $152.7 million, net income $99.7 million, EPS $12.95 per share (basic) and $12.94 per share (diluted).

“Net income of $99.7 million, or $12.95 per share (basic) and $12.94 per share (diluted) • Revenues of $152.7 million”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding director election and resignation policy. at the 2022-11-16 meeting.

“Proposal 10: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding director election and resignation policy. 1,613,923 3,729,448 319,010 971,156”

Texas Pacific Land Corp shareholders approved To consider a non-binding stockholder proposal regarding the stockholders’ right to act by written consent. at the 2022-11-16 meeting.

“Proposal 9: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding the stockholders’ right to act by written consent. 2,953,574 2,637,404 71,403 971,156”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding the release of all remaining obligations of the stockholders’ agreement between the Company and certain stockholders. at the 2022-11-16 meeting.

“Proposal 8: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding the release of all remaining obligations of the stockholders’ agreement between the Company and certain stockholders. 1,650,305 3,959,493 52,583 971,156”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding hiring an investment banker in connection with the evaluation of a potential spinoff. at the 2022-11-16 meeting.

“Proposal 7: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding hiring an investment banker in connection with the evaluation of a potential spinoff. 1,179,368 4,394,928 88,085 971,156”

Texas Pacific Land Corp shareholders rejected To consider a non-binding stockholder proposal regarding the stockholders’ right to call for a special meeting. at the 2022-11-16 meeting.

“Proposal 6: Votes For Votes Against Abstentions Broker Non-Votes To consider a non-binding stockholder proposal regarding the stockholders’ right to call for a special meeting. 1,722,246 3,908,265 31,870 971,156”

Texas Pacific Land Corp shareholders approved To ratify the appointment of Deloitte & Touche LLP as our independent auditors for the fiscal year ending December 31, 2022. at the 2022-11-16 meeting.

“Proposal 5: Votes For Votes Against Abstentions Broker Non-Votes To ratify the appointment of Deloitte & Touche LLP as our independent auditors for the fiscal year ending December 31, 2022. 6,556,453 45,321 31,763 0”

Texas Pacific Land Corp shareholders approved To approve an amendment to the Company’s Amended and Restated Certificate of Incorporation providing for the declassification of the Board. at the 2022-11-16 meeting.

“Proposal 3: Votes For Votes Against Abstentions Broker Non-Votes To approve an amendment to the Company’s Amended and Restated Certificate of Incorporation providing for the declassification of the Board. 5,145,043 189,237 328,101 971,156”

Texas Pacific Land Corp shareholders approved To approve, by advisory non-binding vote, executive compensation. at the 2022-11-16 meeting.

“Proposal 2: Votes For Votes Against Abstentions Broker Non-Votes To approve, by advisory non-binding vote, executive compensation. 3,805,062 1,519,062 338,261 971,156”

Texas Pacific Land Corp shareholders approved To elect four (4) Class II members of the Company’s Board of Directors to serve until the 2025 Annual Meeting of Stockholders (or until successors are elected or directors resign or are removed). at the 2022-11-16 meeting.

“Proposal 1: To elect four (4) Class II members of the Company’s Board of Directors to serve until the 2025 Annual Meeting of Stockholders (or until successors are elected or directors resign or are removed). Votes For Votes Against Abstentions Broker Non-Votes Rhys J. Best 4,692,006 873,898 96,477 971,156 Donald G. Cook 3,519,576 2,084,963 57,842 971,156 Donna E. Epps 4,537,444 1,064,970 59,967 971,156 Eric L. Oliver 5,332,389 292,114 37,878 971,156”

Texas Pacific Land Corp reported nine months ended September 30, 2022 results: revenue $514.7 million, net income $346.6 million, EPS $44.84 per share (basic) and $44.82 per share (diluted).

“Net income of $346.6 million, or $44.84 per share (basic) and $44.82 per share (diluted) • Revenues of $514.7 million”

Texas Pacific Land Corp reported third quarter of 2022 results: revenue $191.1 million, net income $129.8 million, EPS $16.83 per share (basic) and $16.82 per share (diluted).

“Net income of $129.8 million, or $16.83 per share (basic) and $16.82 per share (diluted) • Revenues of $191.1 million”

Rhys J. Best was appointed as Director at Texas Pacific Land Corp.

“On April 15, 2022, the Board of Directors (the “Board”) of Texas Pacific Land Corporation (the “Company”) appointed Karl F. Kurz and Rhys J. Best as directors effective immediately.”

Karl F. Kurz was appointed as Director at Texas Pacific Land Corp.

“On April 15, 2022, the Board of Directors (the “Board”) of Texas Pacific Land Corporation (the “Company”) appointed Karl F. Kurz and Rhys J. Best as directors effective immediately.”

Dana McGinnis resigned as member of the Board of Directors at Texas Pacific Land Corp.

“On March 28, 2022, the Board of Directors (the “Board”) of Texas Pacific Land Corporation (the “Company”) accepted the tendered resignation of Dana McGinnis, a member of the Company’s Board of Directors, effective immediately.”