TPL · 8-K · 20260805PR000056
Free Cash Flow and Liquidity
Texas Pacific Land Corp · 2026-08-05 · Importance 66 · Surprise 40 · No source text
Second-quarter free cash flow reached a record $155.5 million, up from $136.4 million in the first quarter. Six-month free cash flow increased 13.8% year over year to $291.9 million from $256.6 million. Six-month free cash flow included $29.2 million of fixed-asset purchases and $75.2 million of current income tax expense. The release states that free cash flow is available for future acquisitions and capital returns through dividends and share repurchases.
Key facts
- Adjusted EBITDA for the second quarter of 2026: $215.6 million. source
- Free cash flow for the second quarter of 2026: $155.5 million. source
- Adjusted EBITDA for the six months ended June 30, 2026: $397.0 million and free cash flow for the six months ended June 30, 2026: $291.9 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Free cash flow for the second quarter of 2026: $155.5 million. |
| cash | positive | realized | — | Adjusted EBITDA for the six months ended June 30, 2026: $397.0 million and free cash flow for the six months ended June 30, 2026: $291.9… |