Texas Pacific Land (TPL) - 2023 Q4 - Annual Results

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 ...