TPL · News · 20260806N
Revenue Performance and Mix
Texas Pacific Land Corp · 2026-08-06 · Importance 52 · Surprise 56 · No source text
Texas Pacific Land reported record Q2 2026 consolidated revenue of $246.1 million, up 31.2% year over year. Growth was driven by increased oil and gas royalty production, higher commodity prices, and strong produced-water royalties. Water-sales revenue declined, and the absence of land-sale income weighed on the top line and contributed to the slight miss versus the $249.5 million analyst estimate. Adjusted EBITDA reached a record $215.6 million, while net income was $153.9 million.
Key facts
- TPL reported record consolidated revenue of $246 million in Q2 2026, a 31% year-over-year increase, driven by strong oil and gas and produced water royalties. source
- Shares of Texas Pacific Land fell 6.7% after its Q2 2026 earnings report. source
- Simply Wall St reported TPL's Q2 2026 revenue as $246.06 million and net income as $153.93 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | TPL reported record consolidated revenue of $246 million in Q2 2026, a 31% year-over-year increase, driven by strong oil and gas and… |