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Texas Pacific Land Corporation (TPL)
:TPL
US Market
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Texas Pacific Land (TPL) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 25, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
5.56
Last Year’s EPS
5.14
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 05, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call highlighted TPL's record-setting financial performance, strategic acquisitions, and robust growth in both oil and gas and water segments despite facing challenges from weak commodity prices. The company's strong liquidity position and strategic asset acquisitions reflect a focus on long-term growth and shareholder returns.
Company Guidance
In the third quarter of 2025, Texas Pacific Land Corporation reported a record performance across several key metrics. Oil and gas royalty production reached approximately 36,300 barrels of oil equivalent per day, marking a 9% sequential increase and a 28% increase year-over-year. Water sales achieved a record $45 million, reflecting a 74% sequential growth and a 23% increase year-over-year. Produced water royalty revenues also hit a record $32 million, with a 5% sequential growth and a 16% increase year-over-year. Overall, the company reported over $200 million in revenue for the first time in its history, despite facing some of the weakest oil and gas prices since the COVID pandemic. The company's growth was fueled by increased production volumes in its Northern Culberson, Northern Reeves, and Central Midland subregions, as well as an expansion of its lateral lengths. Texas Pacific Land Corporation also highlighted a significant acquisition of approximately 17,300 net royalty acres in the Midland Basin, funded by $474 million in cash, which is expected to generate a double-digit pretax cash flow yield. The company's water services segment rebounded significantly, with investments in brackish and treated water infrastructure contributing to its competitive advantage. The organization's strategic focus on long-term value creation and opportunistic consolidation of high-quality Permian assets positions it well for future growth and shareholder returns.
Record Revenue and Volume Performance
TPL achieved over $200 million in revenue for the first time in its history, with significant growth in oil and gas royalty production (28% year-over-year increase) and water sales (23% growth year-over-year).
Significant Royalty Acquisition
TPL acquired approximately 17,300 net royalty acres for $474 million, expected to yield a double-digit pretax cash flow at $60 per barrel of oil and $2 per 1,000 cubic feet of natural gas.
Strong Free Cash Flow and EBITDA
TPL reported $123 million in free cash flow, a 15% increase year-over-year, with an adjusted EBITDA margin of 85%.
Water Segment Growth
Water sales revenue hit a record $45 million, with produced water royalty revenues increasing by 16% year-over-year.
Credit Facility Enhancing Liquidity
TPL closed on a $500 million credit facility to fund growth opportunities, with attractive interest rates, enhancing liquidity.

Texas Pacific Land (TPL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TPL Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 25, 2026
2025 (Q4)
5.56 / -
5.14
Nov 05, 2025
2025 (Q3)
5.77 / 5.27
4.6313.82% (+0.64)
Aug 06, 2025
2025 (Q2)
- / 5.05
4.981.41% (+0.07)
May 07, 2025
2025 (Q1)
- / 5.24
4.975.43% (+0.27)
Feb 19, 2025
2024 (Q4)
- / 5.14
4.914.68% (+0.23)
Nov 06, 2024
2024 (Q3)
5.35 / 4.63
4.581.09% (+0.05)
Aug 07, 2024
2024 (Q2)
5.36 / 4.98
4.3514.48% (+0.63)
May 08, 2024
2024 (Q1)
4.58 / 4.97
3.74732.64% (+1.22)
Feb 21, 2024
2023 (Q4)
4.33 / 4.91
4.31313.84% (+0.60)
Nov 01, 2023
2023 (Q3)
4.84 / 4.58
5.607-18.32% (-1.03)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

TPL Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 05, 2025
$919.05$1011.13+10.02%
Aug 06, 2025
$948.99$865.97-8.75%
May 07, 2025
$1339.15$1283.44-4.16%
Feb 19, 2025
$1398.88$1424.91+1.86%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Texas Pacific Land Corporation (TPL) report earnings?
Texas Pacific Land Corporation (TPL) is schdueled to report earning on Feb 25, 2026, After Close (Confirmed).
    What is Texas Pacific Land Corporation (TPL) earnings time?
    Texas Pacific Land Corporation (TPL) earnings time is at Feb 25, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TPL EPS forecast?
          TPL EPS forecast for the fiscal quarter 2025 (Q4) is 5.56.
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