Texas Pacific Land Corp Files 8-K
Ticker: TPL · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1811074
| Field | Detail |
|---|---|
| Company | Texas Pacific Land Corp (TPL) |
| Form Type | 8-K |
| Filed Date | Jun 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $10.00, $700 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing
Related Tickers: TPL
TL;DR
TPL filed an 8-K on 6/13. Details TBD.
AI Summary
Texas Pacific Land Corporation filed an 8-K on June 13, 2024, to report other events and financial statements. The filing does not contain specific details about the nature of these events or financial figures within the provided text.
Why It Matters
This filing indicates a regulatory update from Texas Pacific Land Corporation, which may contain important information for investors regarding the company's operations or financial status.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for reporting events and exhibits, with no immediate indication of significant negative developments.
Key Players & Entities
- Texas Pacific Land Corporation (company) — Registrant
- 0001811074-24-000036 (filing_id) — Accession Number
- June 13, 2024 (date) — Report Date
- 1-39804 (commission_file_number) — SEC File Number
- 1700 Pacific Avenue, Suite 2900 Dallas, Texas 75201 (address) — Principal Executive Offices
FAQ
What is the purpose of this 8-K filing?
This 8-K filing is to report 'Other Events' and 'Financial Statements and Exhibits' as of June 13, 2024.
What is the company's name and ticker symbol?
The company's name is Texas Pacific Land Corporation, and its SEC file number is 1-39804.
When was this report filed?
The report was filed on June 13, 2024.
Where are the principal executive offices of Texas Pacific Land Corporation located?
The principal executive offices are located at 1700 Pacific Avenue, Suite 2900, Dallas, Texas 75201.
What is the SIC code for Texas Pacific Land Corporation?
The Standard Industrial Classification (SIC) code for Texas Pacific Land Corporation is 6792, which corresponds to OIL ROYALTY TRADERS.
Filing Stats: 481 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-06-13 16:17:32
Key Financial Figures
- $10.00 — y") declared a special cash dividend of $10.00 per share, payable on July 15, 2024 to
- $700 m — a cash balance target of approximately $700 million, above which level the Company wi
Filing Documents
- tpl-20240613.htm (8-K) — 32KB
- pressrelease-06132024.htm (EX-99.1) — 6KB
- logo_texas2.jpg (GRAPHIC) — 11KB
- 0001811074-24-000036.txt ( ) — 213KB
- tpl-20240613.xsd (EX-101.SCH) — 2KB
- tpl-20240613_def.xml (EX-101.DEF) — 16KB
- tpl-20240613_lab.xml (EX-101.LAB) — 27KB
- tpl-20240613_pre.xml (EX-101.PRE) — 16KB
- tpl-20240613_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On June 13, 2024 , the Board of Directors (the "Board") of Texas Pacific Land Corporation (the "Company") declared a special cash dividend of $10.00 per share, payable on July 15, 2024 to stockholders of record at the close of business on July 1, 2024. In addition, the Company has set a cash balance target of approximately $700 million, above which level the Company will seek to deploy the majority of its free cash flow towards share repurchases and dividends. On June 13, 2024 , the Company issued a press release announcing the dividend and the cash balance target, a copy of which is filed herewith as Exhibit 99.1 and is incorporated by reference herein.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release dated June 13, 202 4. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. TEXAS PACIFIC LAND CORPORATION Date: June 13, 2024 By: /s/ Micheal W. Dobbs Micheal W. Dobbs SVP, General Counsel and Secretary