Texas Pacific Land's Q4 adjusted EBITDA beats expectations

Texas Pacific Land (Dover)

18/02/2026 21:31

Overview

Texas landowner's Q4 revenue missed analyst expectations

Adjusted EBITDA for Q4 beat consensus

Company declared a 12.5% increase in regular dividend

Outlook

Company did not provide specific financial guidance for future quarters or years

Result Drivers

RECORD PRODUCTION - Achieved record oil and gas royalty production, water sales volumes, and produced water royalties volumes

STRATEGIC INVESTMENTS - Invested $50 mln in data infrastructure co and acquired 17,306 net royalty acres

INCREASED EXPENSES - Operating expenses rose due to higher depreciation and water service-related costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$211.6 mln
$214 mln (2 Analysts)
Q4 EPS
$1.79
Q4 Net Income
$123.30 mln
Q4 Adjusted EBITDA
Beat
$178.10 mln
$173 mln (2 Analysts)

Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Texas Pacific Land Corp is $332.05, about 22.1% below its February 17 closing price of $426.42

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 39 three months ago

Press Release: ID:nBw20gCcSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)