TPL · 8-K · 20260805PR000056
Segment Revenue Performance
Texas Pacific Land Corp · 2026-08-05 · Importance 53 · Surprise 48 · No source text
Second-quarter Land and Resource Management revenue increased to $163.9 million from $153.6 million sequentially, while Water Services and Operations revenue declined to $82.2 million from $83.3 million. For the six months ended June 30, 2026, Land and Resource Management revenue rose 24.4% year over year to $317.4 million, and Water Services and Operations revenue rose 28.8% to $165.5 million. Six-month Land and Resource Management revenue included $263.8 million of oil and gas royalties and $20.9 million of land sales. Six-month Water Services and Operations revenue included $86.6 million of water sales and $70.6 million of produced water royalties.
Key facts
- Land and Resource Management segment revenues for the second quarter of 2026: $163.9 million. source
- Water Services and Operations segment revenues for the second quarter of 2026: $82.2 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +66.6% | Land and Resource Management segment revenues for the second quarter of 2026: $163.9 million. |
| revenue | positive | realized | +33.4% | Water Services and Operations segment revenues for the second quarter of 2026: $82.2 million. |