Q2 FY2026 EarningsQ2 FY26 results slightly missed revenue expectations but significantly beat on the bottom line. Revenue was $246.1M vs. $247.0M expected, while Diluted EPS (GAAP) of $2.23 exceeded the consensus of $2.18 by 2.3%. Record performance was driven by a surge in oil realized prices ($97.55/Bbl) and record royalty production. Free Cash Flow reached a record $155.5M, beating the $154.0M floor of expectations despite higher-than-anticipated capital expenditures.
Overview: Texas Pacific Land(TPL) the Revenue is 246.06 M (--%), Miss estimate;the EBIT is 191.82 M (--%), Beat estimate;the EPS is 2.23 (+32.48%), Beat estimate.