Texas Pacific Land Corporation announced the effective date for a three-for-one stock split.
The record date for the stock split is December 12, 2025, with distribution on December 22, 2025.
Trading of the Company's common stock on an adjusted basis will commence on December 23, 2025.
Stock Split Details
Record date: December 12, 2025; Distribution date: December 22, 2025.
Company Overview
Owns approximately 882,000 acres of land in Texas, focused on the Permian Basin.
Revenue Streams
Includes fixed fee payments, revenue from sales of materials, oil and gas royalty interests, and land use-related revenue.
- The stock split may attract more investors due to increased affordability per share.
- This move signifies the company's confidence in its future growth and market position.
Texas Pacific Land Corporation's stock split announcement reflects their strategic approach to maximize shareholder value and attract new investors to benefit from its revenue streams and land assets.