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Stock impact report

Texas Pacific Land Corporation Announces Third Quarter Results

Texas Pacific Land Corporation (TPL) 
Last texas pacific land corporation earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: tpltrust.com
Company Research Source: Business Wire
Earnings Call to be held 7:30 am CT on Thursday, November 7, 2024 DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the third quarter of 2024.Third Quarter 2024 HighlightsAcquired mineral interests across approximately 4,106 net royalty acres located in the northern Delaware Basin for a purchase price of $120.3 million, net of post-close adjustments, in an all-cash transactionAcquired approximately 4,120 surface acres and other surface-related assets located in the core of the Midland Basin for a purchase price of $45.0 million, in an all-cash transactionRoyalty production of 28.3 thousand barrels of oil equivalent (“Boe”) per dayAs of September 30, 2024, TPL’s royalty acreage had an estimated 6.9 net well permits, 11.8 net drilled but uncompleted wells, 3.4 net completed wells, and 79.2 net producing wells. Net producing wells added during the quarter had an average lateral length of Show less Read more
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