TPL
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TPL
Texas Pacific Land Corporation Announces Record Financial Performance and Dividend Increase for 2025
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8-K
Summary
Texas Pacific Land Corporation (TPL) announced record financial results for the fourth quarter and full year of 2025, achieving record consolidated revenues, net income, and free cash flow. The company also declared a 12.5% increase in its regular dividend, payable on March 16, 2026. Key highlights include record oil and gas royalties production, water sales volumes, and produced water royalties volumes. TPL's net income for the full year was $481.4 million, and free cash flow was $498.3 million. The Board of Directors declared a quarterly cash dividend of $0.60 per share, effective from February 10, 2026.
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