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Texas Pacific Land Corporation — Third Quarter 2026 Earnings Summary

Texas Pacific Land Corporation reported record financial results for the third quarter of 2026, achieving consolidated revenue of $273.4 million and net income of $167.4 million. The company set new quarterly records for oil and gas royalty revenue at $167.3 million and produced water royalty revenue at $41.4 million, driven by robust development activity and elevated commodity prices. Free cash flow for the quarter reached $170.3 million, while the company also announced a quarterly cash dividend of $0.60 per share. Over the nine months ended September 30, 2026, consolidated net income totaled $464.2 million with adjusted EBITDA of $635.4 million.

Company
TEXAS PACIFIC LAND CORP
Sector
Energy
Industry
Oil & Gas E&P