Texas Pacific Land Corp (TPL) reported disappointing financial results for the third quarter of fiscal 2025. The company posted earnings per share (EPS) of $5.27, falling short of Wall Street's consensus estimate of $5.83 by $0.56. Revenue matched expectations at $0.2 billion but did not exceed them, indicating a challenging quarter for the energy sector.
Headquartered in Dallas, Texas, Texas Pacific Land Corp operates as a landowner in the state, managing approximately 873,000 surface acres and 207,000 net royalty acres primarily in the Permian Basin. Its operations are divided into two segments: Land and Resource Management and Water Services and Operations. The former generates revenue from oil and gas royalties, easements, and land sales, while the latter, through its subsidiary Texas Pacific Water Resources LLC, provides comprehensive water services to operators in the Permian Basin.
The company will host an earnings conference call to discuss these results and provide additional insights into its business performance. Investors are encouraged to review the full earnings release for more context on the quarter's performance and future outlook.
Looking ahead, Texas Pacific Land Corp is scheduled to report its next earnings on May 4, 2026, with EPS estimates of $5.95 and revenue expectations of $0.2 billion. The company's market capitalization stands at $22.71 billion, with a trailing P/E ratio of 49.19 and a dividend yield of 63.3%.