Texas Pacific Land (TPL) to Release Quarterly Earnings on Wednesday

Texas Pacific Land (NYSE:TPL) is expected to announce its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $2.18 per share and revenue of $249.50 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:30 AM ET.

Texas Pacific Land (NYSE:TPL) last issued its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $2.07 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.04. The company had revenue of $236.80 million during the quarter, compared to the consensus estimate of $233.00 million. Texas Pacific Land had a net margin of 60.03% and a return on equity of 35.52%. On average, analysts expect Texas Pacific Land to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Texas Pacific Land Price Performance

Shares of NYSE:TPL opened at $403.23 on Monday. The company’s 50 day simple moving average is $395.06 and its 200 day simple moving average is $420.73. The stock has a market capitalization of $27.81 billion, a price-to-earnings ratio of 55.24 and a beta of 0.60. Texas Pacific Land has a 1 year low of $269.23 and a 1 year high of $547.20.

Texas Pacific Land Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 1st. Texas Pacific Land’s dividend payout ratio (DPR) is currently 32.88%.

Insider Activity

In other news, CFO Chris Steddum sold 3,170 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $400.25, for a total value of $1,268,792.50. Following the completion of the transaction, the chief financial officer directly owned 12,870 shares in the company, valued at approximately $5,151,217.50. This represents a 19.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 6.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Invesco Ltd. increased its position in Texas Pacific Land by 201.4% during the 4th quarter. Invesco Ltd. now owns 855,816 shares of the financial services provider’s stock valued at $245,807,000 after purchasing an additional 571,906 shares during the period. Corient Private Wealth LLC raised its position in shares of Texas Pacific Land by 131.6% in the 4th quarter. Corient Private Wealth LLC now owns 17,882 shares of the financial services provider’s stock worth $5,137,000 after acquiring an additional 10,161 shares in the last quarter. Alberta Investment Management Corp bought a new stake in shares of Texas Pacific Land during the 4th quarter valued at about $1,206,000. Mercer Global Advisors Inc. ADV increased its holdings in Texas Pacific Land by 184.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,392 shares of the financial services provider’s stock worth $3,846,000 after purchasing an additional 8,686 shares in the last quarter. Finally, Vident Advisory LLC boosted its holdings in shares of Texas Pacific Land by 121.9% during the 4th quarter. Vident Advisory LLC now owns 4,038 shares of the financial services provider’s stock worth $1,160,000 after buying an additional 2,218 shares in the last quarter. Institutional investors and hedge funds own 59.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TPL. Zacks Research upgraded Texas Pacific Land from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Texas Pacific Land in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $639.00.

About Texas Pacific Land

Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.

The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.