01—Abstract
Summary
Summary of the 8-K filed August 14, 2025. Cited figures are marked; the original filing is the authoritative source.
Texas Pacific Land Corporation filed this Form 8-K on August 14, 2025 under Item 7.01 (Regulation FD Disclosure) to announce the dual listing of its common stock on NYSE Texas, Inc. under the ticker "TPL." The company will keep its primary listing on the New York Stock Exchange and begin trading on NYSE Texas on August 15, 2025.
The filing contains no financial results, guidance, or balance sheet data; the information is furnished, not filed, for Exchange Act purposes. According to the attached press release (Exhibit 99.1), CEO Tyler Glover said TPL joins NYSE Texas as a Founding Member, citing the company's employees and virtually all of its assets being located in Texas. The release notes TPL is the longest-listed Texas-headquartered company on the NYSE.
NYSE Group's Chris Taylor described TPL's NYSE listing as spanning more than 130 years. For investors, the event is primarily a listing-venue expansion rather than an operational or financial development. The release describes the company as owning approximately 874,000 acres of land in West Texas, mostly in the Permian Basin, and as not being an oil and gas producer, with revenue tied to surface use fees, caliche sales, water and produced-water services, royalty interests, saltwater disposal, and easements and leases.
02—Key points
Key Highlights
- TPL will dually list its common stock on NYSE Texas, a newly launched fully electronic exchange headquartered in Dallas, with trading beginning August 15, 2025.
- The company will maintain its primary listing on the New York Stock Exchange under the same ticker symbol, "TPL."
- CEO Tyler Glover states TPL joins NYSE Texas as a Founding Member and highlights its strong Texas business and community ties.
- The release states all employees and virtually all assets are located in Texas, and that TPL is the longest-listed Texas-headquartered company on the NYSE.
- The company describes owning approximately 874,000 acres in West Texas, mostly in the Permian Basin.
- TPL states it is not an oil and gas producer; its revenue comes from surface and royalty ownership across the well life cycle, including land use fees, caliche, water services, royalties, and saltwater disposal.
- The filing reports no financial results or guidance; it is a Regulation FD disclosure furnished under Item 7.01.
03—Questions
Frequently Asked Questions
When will TPL begin trading on NYSE Texas?
According to the press release, TPL will commence trading on NYSE Texas on August 15, 2025, under the same ticker symbol, "TPL."
Is this a change to TPL's primary listing?
No. The company states it will maintain its primary listing on the New York Stock Exchange, and NYSE Texas is a dual listing.
Does this filing include financial results or guidance?
No. The 8-K reports only the dual listing announcement under Item 7.01 and lists a press release as Exhibit 99.1 and a Cover Page Interactive Data File as Exhibit 104. It contains no financial statements or outlook.
What does TPL's business consist of?
The press release describes TPL as one of the largest landowners in Texas, with approximately 874,000 acres in West Texas, mostly in the Permian Basin. It states the company is not an oil and gas producer and earns revenue from surface and royalty ownership, including fixed fee land-use payments, caliche sales, water and produced-water services, oil and gas royalties, saltwater disposal, and easements and leases.
Is the information in this filing considered filed for Exchange Act liability purposes?
No. The filing states that the Item 7.01 information, including Exhibit 99.1, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into other filings, except where expressly referenced.
04—Continue