TPL

Texas Pacific Land Corporation (TPL) is one of the largest landowners in Texas, managing approximately 873,000 surface acres and oil and gas royalty interests in the Permian Basin. The Dallas, Texas-based company generates revenue from royalties, land management, easements, water services, and resource infrastructure. It currently has a market capitalization of about $28.5 billion. TPL is set to report its Q2 earnings on Wednesday, August 5, 2026, after the market closes. Ahead of the release, analysts expect the company to report a diluted EPS of $2.14, up 27.4% from $1.68 in the year-ago quarter. TPL has exceeded Wall Street's EPS estimates in the past two trailing quarters. Micron Stock Is Off 31% From Its High. Why This Could Be the Best Time to Buy. Michael Saylor’s Bitcoin Treasury Company Strategy Is Falling Apart This Red-Hot AI Infrastructure Stock Just Made a Game-Changing Move. How to Play NBIS Here. Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2026, analysts expect the company to report EPS of $8.88, up 27.4% from $6.97 in fiscal 2025. Moreover, its EPS is projected to increase another 8.6% year over year to $9.64 in fiscal 2027. TPL stock has gained 26.5% over the past 52 weeks, surpassing the S&P 500 Index ($SPX), which returned 20.3%, while underperforming the State Street Energy Select Sector SPDR ETF (XLE), which climbed 32.4% during the same period. On July 13, 2026, Texas Pacific Land shares rose 3.7% after renewed U.S. military strikes on Iran and escalating tensions around the Strait of Hormuz lifted crude oil prices. The heightened risk of supply disruptions improved the revenue outlook for U.S. energy companies. Analysts remain somewhat bullish on TPL, with the stock earning an overall "Moderate Buy" rating. Among the three analysts covering the stock, two recommend a "Strong Buy," while one suggests a "Strong Sell." The average price target of $442.33 implies a potential upside of 6.3% from the current share price. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.c...

DALLAS, July 15, 2026--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the "Company") announced today that the Company will release second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026. A conference call will be held on Thursday, August 6, 2026 at 10:30 a.m. Eastern Time. Webcast:A webcast of the conference call will be available on the Investors section of the Company’s website at www.texaspacific.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call:Dial in at least 15 minutes prior to start time:Domestic: 1-877-407-4018International: 1-201-689-8471 Conference Call Playback:Domestic: 1-844-512-2921International: 1-412-317-6671Pass code: 13759099The playback can be accessed through Thursday, August 20, 2026. About Texas Pacific Land Corporation Texas Pacific Land Corporation is one of the largest land and royalty owners in the State of Texas, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its land and royalty ownership provides revenue opportunities throughout the life cycle of a well. These revenue opportunities include fixed fee payments for use of the Company’s land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and/or treated produced water, revenue from the Company’s oil and gas royalty interests, and revenue related to saltwater disposal on the Company’s land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases and temporary permits principally related to a variety of land uses including, but not limited to, midstream infrastructure projects and hydrocarbon processing facilities. Visit TPL at texaspacific.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260715384253/en/ Contacts Investor [email protected]

Texas Pacific Land recently reported stronger-than-expected first-quarter 2026 results and announced an agreement with Chevron to provide land and brackish water for a power generation facility in Reeves County, Texas. This combination of robust operating performance and a new long-term infrastructure partnership highlights how Texas Pacific Land is seeking to broaden and deepen its revenue base beyond traditional oil and gas royalties. We'll now examine how the Chevron power project agreement might reshape Texas Pacific Land's investment narrative and long-term earnings mix. Uncover the next big thing with 20 elite penny stocks that balance risk and reward. To own Texas Pacific Land, you need to believe its Permian royalty and water franchises can keep throwing off high margin cash while newer surface and infrastructure uses slowly gain relevance. The Chevron Project Kilby agreement supports that broader monetization story, but it does not fundamentally change the near term reliance on oil and gas activity as the key catalyst or the concentration in a single basin as the biggest risk. The most relevant recent development here is the Chevron power facility agreement, where TPL provides land and brackish water to support long term power needs in Reeves County. This fits directly into the thesis that water services and surface use deals can deepen and diversify TPL’s earnings mix, adding another fee based revenue stream that sits alongside royalties and potentially becomes more important if commodity driven growth slows. Yet against these positives, investors should still be aware of how heavily exposed TPL remains to Permian specific regulatory and environmental risks, including... Read the full narrative on Texas Pacific Land (it's free!) Texas Pacific Land's narrative projects $1.3 billion revenue and $837.1 million earnings by 2029. Uncover how Texas Pacific Land's forecasts yield a $445.00 fair value, a 12% upside to its current price. Some of the lowest estimate analysts take a tougher view, even before this news, assuming around US$1.3 billion of revenue and US$826 million of earnings by 2029, and worrying that power or data center projects could disappoint, so as you consider the Chevron deal it is worth knowing how far opinions can differ and how new contracts might shift those expectations. Explore 6 other fair value estimates on Texas Pacific Land -...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Texas Pacific Land has delivered a very strong 170.2% return over the past 3 years. At around US$397.82 the stock now screens as expensive, with both the Discounted Cash Flow (DCF) intrinsic value estimate and market multiples pointing to a premium rather than a clear bargain. Over the last 3 years, Texas Pacific Land has returned 170.2%, which puts more pressure on today’s buyers to justify the current valuation. Recent insider buying and a long term resource agreement with a major energy company can support confidence in future cash generation, but concentration in a single sector and project execution risks may still weigh on how much investors are willing to pay for that growth. On Simply Wall St’s broader checks, Texas Pacific Land is assessed as undervalued in 0 of 6 valuation tests, which suggests the stock currently leans expensive rather than obvious value. The issue now is whether Texas Pacific Land’s current price already reflects its intrinsic value, or if the recent gains have pushed it beyond what the fundamentals support. Find out why Texas Pacific Land's 14.7% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model estimates what future cash flows from Texas Pacific Land are worth in today’s dollars. For the latest twelve months, the company generated free cash flow of about $180.1 million, and the model assumes those cash flows continue growing rather than shrinking from here. On that basis, the DCF points to an intrinsic value of roughly $323.98 per share. Compared with the current share price of about $397.82, Texas Pacific Land screens as around 22.8% overvalued on this cash flow view. Despite the recent Chevron agreement and strong Q1 update helping sentiment, the market price sits above what the DCF suggests is reasonable for the projected cash generation. Overall, the DCF implies Texas Pacific Land stock currently looks overvalued relative to its estimated intrinsic value. Our Discounted Cash Flow (DCF) analysis suggests Texas Pacific Land may be overvalued by 22.8%. Discover 44 high quality undervalued stocks or create your own screener to find better value opportunities. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Texas Pacific...

In recent weeks, Texas Pacific Land reported stronger-than-expected first-quarter 2026 results while Horizon Kinetics, a more-than-10% shareholder, continued making small open-market share purchases that underscore its large, ongoing economic interest in the company. At the same time, analyst commentary has highlighted Texas Pacific Land’s extensive Permian Basin land position and high-margin royalty and water businesses, reinforcing investor attention on how its business model responds to shifting energy and regulatory conditions. With Texas Pacific Land’s robust first-quarter earnings beating expectations, we’ll now examine how this result reshapes the company’s investment narrative. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 13 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. To own Texas Pacific Land, you need to believe its Permian Basin royalty and water revenues can stay resilient even as energy prices and regulation shift. The key short term catalyst is how operators’ activity and water demand translate into cash flow after the strong Q1 2026 beat, while the biggest current risk is the stock’s rich valuation relative to peers. Recent sector wide volatility and Horizon Kinetics’ small share purchases do not materially change those fundamentals. The most relevant recent development is Texas Pacific Land’s Q1 2026 earnings, with revenue of US$236.82 million and net income of US$142.9 million, both ahead of expectations. This result reinforces the view that its high margin royalty and water businesses can support strong profitability, even as the share price has swung sharply in recent weeks. How sustainably those margins hold up will matter at least as much as short term stock moves when judging today’s catalysts. Yet despite these strong numbers, investors should be aware of the risk that TPL’s premium valuation could quickly compress if... Read the full narrative on Texas Pacific Land (it's free!) Texas Pacific Land's narrative projects $1.4 billion revenue and $837.8 million earnings by 2029. This requires 17.2% yearly revenue growth and about a $334 million earnings increase from $503.6 million. Uncover how Texas Pacific Land's forecasts yield a $445.00...

On May 15, 2026, Horizon Kinetics Asset Management reported buying 504,627 shares of WaterBridge Infrastructure (NYSE:WBI), an estimated $12.02 million trade based on quarterly average pricing. According to a SEC filing dated May 15, 2026, Horizon Kinetics Asset Management increased its holding in WaterBridge Infrastructure by 504,627 shares. The estimated value of the shares acquired was $12.02 million, based on the average closing price during the first quarter of 2026. The quarter-end valuation of the position rose by $59.88 million, reflecting both the purchase and price appreciation. WaterBridge Infrastructure now represents 2.1% of Horizon Kinetics Asset Management’s reportable AUM. Top holdings after the filing: As of Monday, shares of WaterBridge Infrastructure were priced at $31.06, up about 55% from their September IPO price of $20. WaterBridge Infrastructure provides water management solutions, including collection, transportation, recycling, and management of produced water for oil and gas operations. The firm operates an integrated water infrastructure network in major U.S. shale basins. It serves oil exploration and production companies, primarily in the Delaware Basin with additional assets in the Eagle Ford and Arkoma basins. WaterBridge Infrastructure LLC is a specialized water management provider supporting the energy sector, with a focus on efficient handling of produced water for oil and gas producers. The company leverages its extensive infrastructure network to deliver reliable and scalable services across key U.S. shale regions. Horizon Kinetics already has exposure to real asset and energy-adjacent plays (top holdings include Texas Pacific Land and LandBridge), so adding to WaterBridge fits neatly into that broader strategy.The company’s latest results suggest demand remains strong. WaterBridge reported first-quarter revenue of $201 million and adjusted EBITDA of $102.9 million, while raising full-year guidance for both produced water volumes and adjusted EBITDA. Management now expects up to 2.725 million barrels per day of produced water handling volume and as much as $465 million in adjusted EBITDA this year.The bigger story may be the company’s Speedway pipeline expansion and growing commercial demand from both existing and new customers. WaterBridge also generated a 51% adjusted EBITDA margin in the quarter. Ultimately, it looks l...

Texas Pacific Land’s first quarter was marked by robust growth in oil and gas royalties and a positive contribution from its water segment, but the market responded negatively to the company’s results. Management pointed to an increase in royalty production and strong water sales volumes as key drivers, while also acknowledging ongoing industry uncertainty around the duration of elevated oil prices. CEO Tyler Glover described operator activity as only “marginally” higher despite higher prices, highlighting that the broader industry response has yet to materialize. Is now the time to buy TPL? Find out in our full research report (it’s free). Revenue: $236.8 million vs analyst estimates of $238.6 million (20.8% year-on-year growth, 0.8% miss) EPS (GAAP): $2.07 vs analyst estimates of $2.02 (2.5% beat) Adjusted EBITDA: $181.4 million vs analyst estimates of $204 million (76.6% margin, 11.1% miss) Operating Margin: 77%, in line with the same quarter last year Market Capitalization: $27.69 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Derrick Whitfield (Texas Capital) asked about the scale and counterparty of the new land and water agreement for the power/data project. CEO Tyler Glover could not disclose specifics but confirmed it was not BOLT-related and noted ongoing talks about using desalinated water in future developments. Derrick Whitfield (Texas Capital) followed up on urgency among hyperscalers and how this opportunity differs from previous years. Glover highlighted that “speed to power” is now a priority, with much grid capacity already committed, making behind-the-meter gas generation and water-intensive data campuses more attractive. Timothy Rezvan (KeyBanc Capital Markets) requested details on the desalination project’s goals and funding. EVP Robert Crain described it as a “research and development at scale” test, emphasizing operational reliability and commercial structure options, including potential partnerships. Timothy Rezvan (KeyBanc Capital Markets) asked about trends in the legacy water and SLEM segments. Crain and Glover advised not to overinterpret single-quarter results, citing activity “...

Texas Pacific Land Corporation's (NYSE:TPL ) stock didn't jump after it announced some healthy earnings. We did some digging and believe investors may be worried about some underlying factors in the report. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. You could think of the accrual ratio from cashflow as the 'non-FCF profit ratio'. That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. That is not intended to imply we should worry about a positive accrual ratio, but it's worth noting where the accrual ratio is rather high. That's because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. For the year to March 2026, Texas Pacific Land had an accrual ratio of 0.45. That means it didn't generate anywhere near enough free cash flow to match its profit. Statistically speaking, that's a real negative for future earnings. To wit, it produced free cash flow of US$43m during the period, falling well short of its reported profit of US$503.6m. Texas Pacific Land's free cash flow actually declined over the last year, but it may bounce back next year, since free cash flow is often more volatile than accounting profits. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. As we discussed above, we think Texas Pacific Land's earnings were not supported by free cash flow, which might concern some investors. As a result, we think it may well be the case that Texas Pacific Land's underlying earnings power is lower than its statutory profit. But at least holders can take some solace from the 16% per annum growth in EPS for the last three. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So while earnings quality...

Image source: The Motley Fool. May 7, 2026 at 10:30 a.m. ET Chief Executive Officer — Tyler Glover Chief Financial Officer — Chris Steddum Executive Vice President, Texas Pacific Water Resources — Robert Crain Vice President of Finance and Investor Relations — Shawn Amini Need a quote from a Motley Fool analyst? Email [email protected] Operator: Ladies and gentlemen, greetings, and welcome to the Texas Pacific Land Corporation First Quarter 2026 Earnings Conference Call. At this time, all participants are in listen-only mode. A brief question and answer session will follow the formal presentation. If anyone requires operator assistance during the conference, as a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Shawn Amini, VP of Finance and Investor Relations. Please go ahead. Shawn Amini: Thank you for joining us today for Texas Pacific Land Corporation's first quarter 2026 earnings conference call. Yesterday afternoon, the company released its financial results and filed its Form 10-Q with the Securities and Exchange Commission. It is available on the investor section of the company's website at texaspacific.com. As a reminder, remarks made on today's conference call may include forward-looking statements. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those discussed today. We do not undertake any obligation to update our forward-looking statements in light of new information or future events. For a more detailed discussion of the factors that may affect the company's results, please refer to our earnings release for this quarter and to our recent SEC filings. During this call, we will also be discussing certain non-GAAP financial measures. More information and reconciliations about these non-GAAP financial measures are contained in our earnings release and SEC filings. Please also note, we may at times refer to our company by our stock ticker, TPL. This morning's conference call is hosted by Texas Pacific Land Corporation's Chief Executive Officer, Tyler Glover, and Texas Pacific Land Corporation's Chief Financial Officer, Chris Steddum, and Executive Vice President of Texas Pacific Water Resources, Robert Crain. Management will make some prepared comments, after which we will open the call for questions. Now I will turn the call over to Ty. Ty...

Texas Pacific (TPL) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +1.97%. A quarter ago, it was expected that this landowner would post earnings of $1.73 per share when it actually produced earnings of $1.79, delivering a surprise of +3.47%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Texas Pacific, which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $236.82 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.14%. This compares to year-ago revenues of $195.98 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Texas Pacific shares have added about 49.9% since the beginning of the year versus the S&P 500's gain of 6%. While Texas Pacific has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Texas Pacific was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy...

West Texas landowner Texas Pacific Land (NYSE:TPL) fell short of the market’s revenue expectations in Q1 CY2026, but sales rose 20.8% year on year to $236.8 million. Its GAAP profit of $2.07 per share was 2.5% above analysts’ consensus estimates. Is now the time to buy Texas Pacific Land? Find out in our full research report. Revenue: $236.8 million vs analyst estimates of $238.6 million (20.8% year-on-year growth, 0.8% miss) EPS (GAAP): $2.07 vs analyst estimates of $2.02 (2.5% beat) Adjusted EBITDA: $181.4 million vs analyst estimates of $204 million (76.6% margin, 11.1% miss) Operating Margin: 77%, in line with the same quarter last year Free Cash Flow Margin: 57.6%, down from 75.4% in the same quarter last year Market Capitalization: $29.68 billion “For the first quarter of 2026, TPL’s core business performance remained strong, and we are closing in on significant milestones in our emerging opportunities in produced water desalination and land opportunities involving data centers and power generation,” said Tyler Glover, Chief Executive Officer of the Company. One of America's largest private landowners with roughly 868,000 acres in the Permian Basin, Texas Pacific Land (NYSE:TPL) owns land in West Texas and earns revenue from oil and gas royalties, water services, and land leases. Cyclical industries such as Energy can make mediocre companies look great for a time, but a long-term view reveals which businesses can actually withstand and adapt to changing conditions. Thankfully, Texas Pacific Land’s 23.7% annualized revenue growth over the last five years was exceptional. Its growth surpassed the average energy upstream and integrated energy company and shows its offerings resonate with customers, a great starting point for our analysis. Within Energy, a singular timeframe, even if it’s quite long-term, only sheds light on how well a company rode the last commodity cycle. To better assess whether a company compounds through cycles, we validate our view with an even longer, ten-year view. Texas Pacific Land’s annualized revenue growth of 31.3% over the last ten years is above its five-year trend. This quarter, Texas Pacific Land generated an excellent 20.8% year-on-year revenue growth rate, but its $236.8 million of revenue fell short of Wall Street’s high expectations. ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The...

DALLAS (AP) — DALLAS (AP) — Texas Pacific Land Corporation (TPL) on Wednesday reported earnings of $142.9 million in its first quarter. The Dallas-based company said it had profit of $2.07 per share. The landowner posted revenue of $236.8 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPL at https://www.zacks.com/ap/TPL