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Texas Pacific Land (TPL) Hits New Records in Q4 2025
Texas Pacific Land Corporation (TPL) reported strong Q4 2025 results, with revenue up 13.6% year-over-year to $211 million and EPS in line with expectations, driven by record oil and gas royalty production, water sales, and surface leases. The company also achieved annual records across major operating milestones and consolidated metrics for the full year 2025, despite falling crude oil prices. TPL announced a 12.5% increase in its quarterly dividend, now at $0.60 per share, ending the year with $145 million in cash and zero debt.