tiprankstipranks
Texas Pacific Land Reports Strong Q3 2024 Results
Company Announcements

Texas Pacific Land Reports Strong Q3 2024 Results

Don't Miss our Black Friday Offers:

An announcement from Texas Pacific Land ( (TPL) ) is now available.

Texas Pacific Land Corporation (TPL) reported robust third-quarter 2024 results, highlighting strategic acquisitions in the Delaware and Midland Basins, driving record royalty production and strong financial performance. The company’s net income reached $106.6 million, with an adjusted EBITDA of $144.1 million, supported by increased oil and gas royalty revenues and strategic management of legacy assets. TPL’s strategic actions, including a 37% dividend increase, reflect its commitment to enhancing shareholder value and long-term growth prospects.

For detailed information about TPL stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskTexas Pacific Land Corporation Reports Strong Earnings
TheFlyTexas Pacific Land reports Q3 EPS $4.63, one estimate $5.35
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App