Texas Pacific Land Corp Reports Record Q1 Results

Texas Pacific Land Trust ( (TPL) ) has released its Q1 earnings. Here is a breakdown of the information Texas Pacific Land Trust presented to its investors.

Texas Pacific Land Corporation, a major landowner in Texas, primarily generates revenue through oil and gas royalties, water services, and other land-related activities. In the first quarter of 2025, the company achieved record oil and gas royalty production and water services revenue, marking a strong start to the year. Key financial highlights include a net income of $120.7 million, adjusted EBITDA of $169.4 million, and free cash flow of $126.6 million. The company also declared a quarterly cash dividend of $1.60 per share. Looking ahead, Texas Pacific Land Corporation remains confident in its robust business model and financial position, which it believes will allow it to navigate potential industry challenges and capitalize on opportunities during uncertain times.