UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 1-39804 Exact name of registrant as specified in its charter: Texas Pacific Land Corporation State or other juris ...

Exhibit 99.1 TEXAS PACIFIC LAND CORPORATION ANNOUNCES THIRD QUARTER RESULTS Earnings Call to be held 7:30 am CT on Thursday, November 7, 2024 DALLAS, TX (November 6, 2024) – Texas Pacific Land Corporation (NYSE: TPL) (the "Company" or "TPL") today announced its financial and operating results for the third quarter of 2024. Third Quarter 2024 Highlights • Acquired mineral interests across approximately 4,106 net royalty acres located in the northern Delaware Basin for a purchase price of $120.3 million, net ...

Grand Cayman, Cayman Islands--(Newsfile Corp. - October 18, 2024) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to announce that it has today received formal approval of the protocol necessary to advance its oil production activities in Kazakhstan. This represents a significant regulatory milestone for the Company. Regulatory update With the protocol approval received today, the Company will file for a gas flaring permit early next week, which is expected to be approved withi ...

Core Insights - Texas Pacific Land Corporation (TPL) has experienced a significant stock price increase of 87.2% in 2024, outperforming the broader energy sector which is up 11.2% [1] - The company operates a unique business model focused on land ownership and fee collection rather than direct oil and gas production [2] Company Overview - Texas Pacific is one of the largest landowners in Texas, with 869,000 surface acres and 23,700 net royalty acres, primarily located in the Permian Basin [2] - The majority of its revenue comes from oil and gas royalties, followed by water sales, produced water royalties, land sales, easements, and commercial leases [2] Financial Performance - For the first half of the year ending June 30, Texas Pacific reported $346.8 million in revenue and $77.2 million in operating expenses, resulting in an operating margin of 77% [3] - The company converted 66% of its sales into net income after taxes [3] Cash Management and Dividends - Texas Pacific occasionally uses excess cash to acquire additional assets, recently closing a $286 million transaction for Permian oil and gas minerals and royalty interests [4] - In June, the company paid a special dividend of $10 per share after exceeding its cash target of $700 million, with a current cash balance of $895 million [5] Industry Context - The Permian Basin accounts for approximately 40% of the U.S. oil output and 15% of natural gas production, positioning Texas Pacific favorably for future growth [6] - Major producers like ExxonMobil are focusing their growth strategies in the Permian, which enhances the value of Texas Pacific's land [7] Valuation and Investment Considerations - Texas Pacific has a high price-to-earnings (P/E) ratio of 50.5, which is considered expensive compared to traditional oil companies [10] - The company's 10-year median P/E is 34.4, indicating that its current valuation is above historical averages [11] - Despite a low ordinary dividend yield of 0.5%, Texas Pacific remains a potential investment for risk-averse investors [12]

Grand Cayman, Cayman Islands--(Newsfile Corp. - September 30, 2024) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") is pleased to provide an update on the Company's operations in the Republic of Kazakhstan. Operations update An acid job in KBD-10 was recently done to help test the Jurassic zone. The initial results have been discouraging but plans are to continue the test. The oil handling and gas utilization facilities are almost complete and the Company expects to have them in place and ...

Group 1 - Texas Pacific Land Corporation (TPL) has a market capitalization of $18.46 billion and is a significant player in Texas land ownership, particularly in the Permian Basin [1] - TPL's extensive land bank positions it uniquely within the energy sector, providing potential for long-term growth and investment opportunities [1] Group 2 - The article emphasizes the importance of fundamental analysis over short-term market fluctuations, indicating a focus on long-term stock positions [1]

Grand Cayman, Cayman Islands--(Newsfile Corp. - August 29, 2024) - Tethys Petroleum Limited (TSXV: TPL) ("Tethys" or the "Company") today announced that it has filed its interim results for the three months ended June 30, 2024 with the Canadian securities regulatory authorities comprising its Audited Financial Statements together with Management's Discussion and Analysis and other required forms. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on Tethys' website at www.tethys-gro ...

Texas Pacific Land Corporation (NYSE:TPL) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Shawn Amini - Vice President, Finance and Investor Relations Tyler Glover - Chief Executive Officer Chris Steddum - Chief Financial Officer Robert Crain - Executive Vice President, Texas Pacific Water Resources Conference Call Participants Nate Pendleton - Texas Capital Hamed Khorsand - BWS Financial Operator Greetings and welcome to Texas Pacific Land Corporation Second Quarter 2024 Ea ...

Texas Pacific (TPL) came out with quarterly earnings of $4.98 per share, missing the Zacks Consensus Estimate of $5.36 per share. This compares to earnings of $4.35 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -7.09%. A quarter ago, it was expected that this landowner would post earnings of $4.58 per share when it actually produced earnings of $4.97, delivering a surprise of 8.52%. Over the last four quarters, the company h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 1-39804 Exact name of registrant as specified in its charter: Texas Pacific Land Corporation State or other jurisdicti ...