The earnings call highlighted significant achievements in terms of record-breaking revenue across multiple streams and optimism about the Permian Basin's long-term potential. However, there were challenges due to weak oil prices impacting revenues and reducing activity. Despite these challenges, TPL demonstrated strong financial performance and strategic progress in desalination efforts.

Company Guidance -

Q3 2025

During the Texas Pacific Land Corporation Second Quarter 2025 Earnings Conference Call, the company reported record performance in several key metrics despite challenges in oil prices. Average WTI Cushing oil price during the quarter was $64 per barrel, marking the lowest since early 2021. Nevertheless, TPL set quarterly records for produced water royalties and easements, with oil and gas royalty production reaching 33,200 barrels of oil equivalent per day. The company achieved an adjusted EBITDA margin of 89% and generated free cash flow of $130 million, a 12% increase from the previous year. Total revenue for the quarter was $188 million, with consolidated adjusted EBITDA at $166 million. The company highlighted its strategic position in the Permian Basin, emphasizing its capacity to adapt and innovate, particularly in water desalination and produced water management, to maintain robust financial health and operational efficiency.

Record Performance Across Major Revenue Streams

TPL set quarterly revenue records for produced water royalties and easements and other surface-related income. Oil and gas royalty production reached a company record of 33,200 barrels of oil equivalent per day.

Strong Financial Metrics

Adjusted EBITDA margin was at an impressive 89%, and free cash flow increased by 12% year-over-year. SLEM revenue of $36 million and produced water royalty revenues of $31 million were company records.

Permian Basin's Long-term Potential

Despite recent slowdowns, TPL remains optimistic about the Permian Basin's long-term potential, citing undeveloped resources upwards of 30 billion barrels of oil.

Desalination Facility Progress

TPL is on track to bring online the largest desalination facility in the Permian by year-end, which will help manage produced water volumes.

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
Aug 06, 2025	$950.62	$867.46	-8.75%
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%

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 (TPL) report earnings?

Texas Pacific Land (TPL) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Texas Pacific Land (TPL) earnings time?

Texas Pacific Land (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?

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What is TPL EPS forecast?

Currently, no data Available

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