TPL Texas Pacific Land Corporation

FY2025 10-K
Filed: Feb 18, 2026
Financials
Oil Royalty TradersSEC EDGAR

Texas Pacific Land Corporation (TPL) filed its fiscal year 2025 10-K annual report with the SEC on Feb 18, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Landowner in Texas Permian Basin generating revenue from oil and gas royalties, water sales, produced water royalties, easements, and land sales
  • New strategic minority equity investment $50M in Bolt Data & Energy, Inc. for data center and energy infrastructure projects
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Management Discussion & Analysis

  • No revenue, profitability, segment, or cash flow data disclosed in provided section
  • Focus on executive compensation design, objectives, and benchmarking with 2025 base salaries: Glover $850K, Steddum $545K, Dobbs $455K
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Risk Factors

  • Regulatory risk: Alignment with NIST Cybersecurity Framework and oversight by Audit Committee with certified cybersecurity expert member
  • Geopolitical/macroeconomic: Exposure to emerging threats including generative AI and machine learning vulnerabilities
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Financial Summary
XBRL

Revenue

$798M

Net Income

$481M

Operating Margin

74.2%

Net Margin

60.3%

ROE

33.0%

Total Assets

$1.6B

EPS (Diluted)

$6.97

Operating Cash Flow

$546M

Source: XBRL data from Texas Pacific Land Corporation FY2025 10-K filing on SEC EDGAR. All figures in USD.

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