The company said net income for Q3 2025 was $121.2 million, and total revenues were $203.1 million. For Q2, net income was $116.1 million and total revenues were $187.5 million.

1. 01

   The company said net income for Q3 2025 was $121.2 million, and total revenues were $203.1 million. For Q2, net income was $116.1 million and total revenues were $187.5 million.

2. 02

   The company said Water Services and Operations segment revenues for Q3 were $80.8 million, a company record. It also said water sales revenue of $44.6 million and produced water royalties revenue of $32.3 million were also records.

3. 03

   Texas Pacific Land said net income for the 9 months ended September 30, 2025 was $358.0 million, and total revenues were $586.6 million. For the same period in 2024, net income was $335.6 million and total revenues were $520.0 million.

4. 04

   The company said it acquired approximately 17,306 net royalty acres on November 3, 2025 for $474.1 million in an all-cash transaction. It also said it entered into a new $500 million revolving credit facility on October 23, and the facility was undrawn as of November 5.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.