NEWEarnings
Texas Pacific Land (TPL) Revenue Soars 21% to $237 Million Q1 2026
Published on 6/27/2026
AI Summary
Texas Pacific Land (TPL) recorded a significant 21% year-over-year revenue growth in Q1 2026, reaching a record $237 million. In 2025, the company generated $798 million in revenue, with oil and gas royalties contributing approximately $412 million. The company's earnings per share rose to $2.07 from $1.75 the previous year. Additionally, TPL owns about 880,000 acres in the Permian Basin, positioning it to benefit from the growing demand for AI data centers due to its land, water, and power resources.
