The earnings call presented a largely positive outlook with record production levels and strong financial metrics. However, there are concerns about commodity price sensitivity and potential declines in Permian activity that could impact future performance. The company's strong financial position and strategic initiatives provide resilience against potential downturns.

Company Guidance -

Q3 2025

During the Texas Pacific Land Corporation First Quarter 2025 Earnings Call, the company reported record performance in several key metrics. Oil and gas royalty production averaged approximately 31,100 barrels of oil equivalent per day, marking a 7% sequential increase and a 25% growth year-over-year. Water segment revenues reached $69 million, showing a 3% quarter-over-quarter growth and an 11% increase year-over-year. Consolidated revenues for the quarter were $196 million, with an adjusted EBITDA of $169 million and an impressive EBITDA margin of 86.4%. Free cash flow stood at $127 million, reflecting an 11% increase compared to the previous year. Additionally, the company highlighted a robust near-term well inventory, with 24.3 net wells, including 5.9 net permitted wells, 12.9 net drilled but uncompleted wells, and 5.4 net completed but not producing wells. Despite potential challenges from fluctuating oil prices, TPL emphasized its strong financial position, with a net cash position, zero debt, and $460 million in cash and cash equivalents as of March 31, 2025.

Record Oil and Gas Royalty Production

TPL set a quarterly record with oil and gas royalty production averaging approximately 31,100 barrels of oil equivalent per day, representing 7% growth sequential quarter-over-quarter and 25% growth year-over-year.

Strong Water Segment Revenue

Water segment revenues totaled $69 million, showing a 3% sequential quarter-over-quarter growth and 11% growth year-over-year, driven by robust volume gains in water sales and produced water royalties.

High Adjusted EBITDA Margin

Consolidated adjusted EBITDA was $169 million with an adjusted EBITDA margin of 86.4%.

Robust Near-Term Well Inventory

TPL's near-term well inventory reached an all-time high with 24.3 net wells, which is 7% higher sequential quarter-over-quarter and 38% higher year-over-year.

Strong Financial Position

TPL maintains a net cash position with zero debt and $460 million in cash and cash equivalents.

Easement Renewal Payments

TPL anticipates benefiting from easement renewal payments with CPI escalators, expecting renewal payments of approximately $10 million in 2026, ramping up to $35 million per year in subsequent years.

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

Daily Earnings Calendar >

TPL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	- / -	4.63	―	―	―
Aug 06, 2025	2025 (Q2)	- / 5.05	4.98	1.41% (+0.07)	―
May 07, 2025	2025 (Q1)	- / 5.24	4.97	5.43% (+0.27)	―
Feb 19, 2025	2024 (Q4)	- / 5.14	4.91	4.68% (+0.23)	―
Nov 06, 2024	2024 (Q3)	5.35 / 4.63	4.58	1.09% (+0.05)	―
Aug 07, 2024	2024 (Q2)	5.36 / 4.98	4.35	14.48% (+0.63)	―
May 08, 2024	2024 (Q1)	4.58 / 4.97	3.747	32.64% (+1.22)	―
Feb 21, 2024	2023 (Q4)	4.33 / 4.91	4.313	13.84% (+0.60)	―
Nov 01, 2023	2023 (Q3)	4.84 / 4.58	5.607	-18.32% (-1.03)	―
Aug 02, 2023	2023 (Q2)	3.70 / 4.35	5.123	-15.09% (-0.77)	―

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
May 07, 2025	$1341.45	$1285.64	-4.16%
Feb 19, 2025	$1401.28	$1427.35	+1.86%
Nov 06, 2024	$1324.90	$1330.57	+0.43%
Aug 07, 2024	$769.21	$823.73	+7.09%

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 Oct 29, 2025, After Close (Confirmed).

What is Texas Pacific Land Corporation (TPL) earnings time?

Texas Pacific Land Corporation (TPL) earnings time is at Oct 29, 2025, 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?

Currently, no data Available

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing