TPL · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

Texas Pacific Land Corp · 2026-11-04 · Importance 48 · Surprise 30

Cash and cash equivalents totaled $369.6 million at September 30, 2026, and the Company had an undrawn $500.0 million revolving credit facility. The Company was in compliance with all credit-facility covenants and had no off-balance-sheet arrangements requiring funding or guarantees. Operating cash flow increased to $527.3 million for the nine months ended September 30, 2026 from $432.2 million in 2025, principally because of higher operating income and working-capital changes. Cash used in investing activities was $169.4 million, while cash used in financing activities was $133.7 million.

Key facts

• Texas Pacific Land Corp held $369.6 million in cash and cash equivalents as of September 30, 2026. source
• Texas Pacific Land Corp expected cash from operations, cash balances, and its revolving credit facility to cover capital expenditures, working capital, other cash needs, and opportunistic transactions for at least the next 12 months. source
• Texas Pacific Land Corp's $500.0 million revolving credit agreement was undrawn as of September 30, 2026, and the Company was in compliance with all covenants. source