HORIZON KINETICS ASSET MANAGEMENT LLC purchased $372 of TPL

Texas Pacific Land (NYSE:TPL) reported Q2 revenues of $246.1M, up 31.2% YoY but missing estimates. Matador Resources (NYSE:MTDR) reported $1.19B in revenues, up 32.5% YoY and beating estimates. Diamondback Energy (NASDAQ:FANG) reported $5.56B in revenues, up 51.2% YoY and exceeding expectations. Stocks reacted accordingly, with MTDR up 18% and TPL down 2.4%.

Texas Pacific Land (NYSE:TPL) reported $246.1M in Q2 revenue, up 31.2% YoY but missing estimates. Northern Oil and Gas (NYSE:NOG) saw revenue decline 7.9% YoY to $588.7M, beating expectations. Riley Exploration Permian (NYSE:REPX) reported $165.9M in revenue, up 94.2% YoY, exceeding estimates. Stocks reacted accordingly post-earnings.

Texas Pacific Land (NYSE:TPL) reported Q2 produced-water royalty volumes of 4.9 million bpd, up 6% sequentially and 15% year over year, and water sales of 663,000 bpd, down 19% QoQ and up 38% YoY, citing gas-price effects. SLEM revenue rose to $24 million (+37% QoQ). TPL began commissioning its Orla Phase 2B desalination facility and reaffirmed full-year capex guidance of $65-$75 million.

Texas Pacific Land (NYSE:TPL) reported Q2 CY2026 results. Revenue rose 31.2% year on year to $246.1 million but fell short of Wall Street estimates. GAAP profit was $2.23 per share, 2.1% above consensus, and adjusted EBITDA beat estimates by 1.7%. The stock rose 1.1% to $385.69 after the release.

Texas Pacific Land Corp (TPL) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 TEXAS PACIFIC LAND CORPORATION ANNOUNCES SECOND QUARTER RESULTS – Achieved Record Consolidated Net Income and Free Cash Flow (1) – Earnings Call to be Held Thursday, August 6, 2026 at 9:30 am CT DALLAS, TX (August 5, 2026) – Texas Pacific Land Corporation (NYSE: TPL)

VEON Ltd. (Nasdaq: VEON) said its Jazz International Holding completed the acquisition of a controlling stake in Pakistan’s TPL Insurance. After a mandatory tender offer, JIHL holds 76.33% of TPL Insurance. Consideration totaled about PKR 4.55 billion (USD 16.4 million). TPL reported gross written premium of PKR 5.7 billion and 277,000+ policies as of Dec. 31, 2025.