Exhibit 99.1 TEXAS PACIFIC LAND CORPORATION ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS Earnings Call to be held 7:30 am CT on Thursday, February 22, 2024 • Net income of $113.1 million, or $14.73 per share (diluted) • Revenues of $166.7 million • Adjusted EBITDA of $150.9 million (1) • Free cash flow of $116.3 million (1) • Royalty production of 26.3 thousand barrels of oil equivalent per day, the highest quarterly royalty production level in TPL history • $10.2 million of common stock repurchases ...

Texas Pacific Land Corporation (NYSE:TPL) Q3 2023 Results Conference Call November 2, 2023 9:30 AM ET Company Participants Shawn Amini - Finance and IR Ty Glover - CEO Chris Steddum - CFO Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Greetings, and welcome to Texas Pacific Land Corporation Third Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Shawn Amini, Fina ...

Company Overview - Texas Pacific Land Corporation owns approximately 868,000 surface acres of land in West Texas, primarily concentrated in the Permian Basin[75]. Market Prices - Average WTI Cushing price per barrel decreased from $93.06 in Q3 2022 to $82.25 in Q3 2023, a decline of 11.7%[81]. - Average Henry Hub price per mmbtu dropped from $8.03 in Q3 2022 to $2.59 in Q3 2023, a decrease of 67.7%[81]. Financial Performance - Total revenues decreased by $33.1 million, or 17.3%, to $158.0 million for the three months ended September 30, 2023, compared to $191.1 million for the same period in 2022[98]. - Net income for the three months ended September 30, 2023, was $105.6 million, an 18.7% decrease from $129.8 million in the same period of 2022[98]. - For the nine months ended September 30, 2023, total revenues decreased by $49.8 million, or 9.7%, to $464.9 million compared to $514.7 million in the same period of 2022[105]. - Net income for the nine months ended September 30, 2023, was $292.5 million, a 15.6% decrease from $346.6 million in the same period of 2022[105]. - EBITDA for the nine months ended September 30, 2023, was $383.3 million, down from $452.9 million in the same period of 2022[145]. - Adjusted EBITDA for the nine months ended September 30, 2023, was $390.5 million, compared to $457.9 million for the same period in 2022[145]. - Free Cash Flow for the nine months ended September 30, 2023, was $299.2 million, down from $350.8 million in the same period of 2022[145]. Revenue Breakdown - Oil and gas royalty revenue decreased by $43.2 million, contributing significantly to the overall revenue decline[98]. - Land and Resource Management segment revenues decreased by $37.3 million, or 25.3%, to $109.9 million for the three months ended September 30, 2023, compared to the same period in 2022[119]. - Oil and gas royalty revenue was $87.1 million for the three months ended September 30, 2023, a decrease of 33.2% from $130.3 million for the same period in 2022, primarily due to lower average commodity prices and production volume[120]. - Water Services and Operations segment revenues increased by 9.4% to $48.0 million for the three months ended September 30, 2023, compared to $43.9 million for the same period in 2022[126]. - Water sales revenue increased by $2.0 million to $26.4 million for the three months ended September 30, 2023, driven by an increase in treated water sales volumes[127]. - Water Services and Operations segment revenues increased 23.9% to $149.7 million for the nine months ended September 30, 2023, compared to $120.8 million for the same period in 2022[138]. - Water sales revenue rose by $20.3 million to $85.8 million for the nine months ended September 30, 2023, driven by a 22.9% increase in water sales volumes[139]. - Produced water royalties increased to $20.8 million for the three months ended September 30, 2023, compared to $19.1 million for the same period in 2022[128]. - Produced water royalties increased to $61.8 million for the nine months ended September 30, 2023, up from $52.7 million in the same period of 2022, due to higher produced water volumes[140]. Expenses - Total operating expenses for the three months ended September 30, 2023, were $31.0 million, up from $29.1 million in the same period of 2022[99]. - Salaries and related employee expenses increased to $11.5 million for the three months ended September 30, 2023, from $10.7 million in 2022, due to a rise in employee numbers and market compensation adjustments[99]. - Legal and professional fees surged to $28.5 million for the nine months ended September 30, 2023, compared to $5.0 million in the same period of 2022, primarily due to legal expenses related to stockholder matters[110]. - The increase in expenses included an $11.5 million rise in water service-related expenses and a $3.8 million increase in income tax expense[141]. Cash Flow and Investments - Net cash provided by operating activities for the nine months ended September 30, 2023 was $306.9 million, down from $314.6 million in the same period of 2022[89]. - Total cash used in investing activities increased to $55.9 million for the nine months ended September 30, 2023, compared to $14.6 million in 2022[91]. - The company invested approximately $10.2 million in water sourcing assets and acquired intangible assets worth $21.4 million during the nine months ended September 30, 2023[87]. - As of September 30, 2023, Texas Pacific Land Corporation had cash and cash equivalents of $654.2 million[86]. - Common Stock repurchases amounted to $32.2 million for the nine months ended September 30, 2023, down from $58.4 million in the same period of 2022[96]. Production and Market Conditions - The Permian Basin currently produces over 5.8 million barrels of oil per day, the highest average daily production recorded prior to 2023[80]. - The average realized price for oil equivalent declined by 28.4% to $45.41 per Boe for the three months ended September 30, 2023, from $63.42 per Boe for the same period in 2022[120]. - There have been no material changes in market risk information since December 31, 2022[150].

Call Start: 8:30 January 1, 0000 8:50 AM ET Texas Pacific Land Corporation (NYSE:TPL) Q2 2023 Earnings Conference Call August 3, 2023, 8:30 am ET Company Participants Shawn Amini - VP, Finance & IR Ty Glover - President & CEO Chris Steddum - CFO Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Good day, and welcome to the Texas Pacific Land Corporation Second Quarter 2023 Earnings Call. All participants are in a listen-only mode. [Operator Instructions] Please ...

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, 2023 IRS Employer Identification No.: Delaware 75-0279735 Address of principal executive offices: 1700 Pacific Avenue, Suite 2900 Dallas, Texas 75201 Registrant's telephone number, including area code: (214) 969-5530 Securities registered pursuant to Section 12(b) of the Act: | Title of e ...

Texas Pacific Land Corporation (NYSE:TPL) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants Shawn Amini - Vice President, Finance and IR Ty Glover - CEO Chris Steddum - CFO Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Greetings and welcome to Texas Pacific Land Corporation First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentat ...

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 March 31, 2023 ☐ 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 jurisdiction ...

Texas Pacific Land Corporation (NYSE:TPL) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Shawn Amini - Vice President-Finance & Investor Relations Ty Glover - Chief Executive Officer Chris Steddum - Chief Financial Officer Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Good morning, and welcome to Texas Pacific Land Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call. This conference call is being recor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 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 jurisdiction o ...

Texas Pacific Land Corporation (NYSE:TPL) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET Company Participants Shawn Amini - VP, Finance and IR Ty Glover - CEO Chris Steddum - CFO Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Good morning, and welcome to Texas Pacific Land Corporation's Third Quarter 2022 Earnings Conference Call. This conference call is being recorded. I would now like to introduce your host for today's call, Shawn Amini, Vice ...