Texas Pacific Land Corporation reports results for the quarter ended September 30 - Earnings Summary

Texas Pacific Land

Yesterday 23:31

Texas Pacific Land Corporation TPL.N reported quarterly adjusted earnings of $2.42​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.76.  The mean expectation of two analysts for the quarter was for earnings of $2.33 per share. Wall Street expected results to range from $2.28  to $2.37 per share.
Revenue rose 34.6% to $273.39 million from a year ago; analysts expected $248.00 million. 
The company reported quarterly net income of $167.37 million.
Texas Pacific Land Corporation shares had risen by 1.9% this quarter and gained 15.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.7% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy" 
Wall Street's median 12-month price target for Texas Pacific Land Corporation is $544.30, about 47.2% above its last closing price of $287.65
This summary was machine generated from LSEG data November 4 at 11:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
2.33
2.42
Beat
Jun. 30 2026 
2.19
2.23
Beat
Mar. 31 2026 
2.02
2.07
Beat
Dec. 31 2025 
1.73
1.80
Beat