01—Abstract
Summary
Summary of the 8-K filed December 2, 2025. Cited figures are marked; the original filing is the authoritative source.
Texas Pacific Land Corporation (TPL) filed a Form 8-K on December 2, 2025 to report the effectiveness mechanics of a previously announced three-for-one forward stock split of its common stock, par value $0.01a per share.
On December 2, 2025, the Company filed an amendment to its Second Amended and Restated Certificate of Incorporation with the Delaware Secretary of State to effect the split and proportionately increase authorized common shares from 46,536,936 to 139,610,808. The amendment becomes effective at 5:00 p.m. Eastern Time on December 22, 2025.
The key dates for investors are a record date of December 12, 2025, share distribution on December 22, 2025, and split-adjusted trading beginning at market open on December 23, 2025. The common stock will continue to trade on the New York Stock Exchange and NYSE Texas, Inc. under the symbol "TPL," and the CUSIP number and par value are unchanged. The filing is administrative in nature and does not report financial results or operating figures.
The Company's press release, furnished as Exhibit 99.1, describes TPL as one of the largest landowners in Texas, with approximately 882,000 acres concentrated in the Permian Basin. It states that TPL is not an oil and gas producer but earns revenue from surface and royalty ownership, including fixed fee payments for land use, caliche sales, water sourcing and treated produced water, oil and gas royalties, saltwater disposal, and easement and commercial lease income.
02—Key points
Key Highlights
- Three-for-one forward stock split of TPL common stock, announced November 5, 2025.
- Authorized common shares increase from 46,536,936 to 139,610,808, proportionate to the split.
- Certificate of amendment becomes effective at 5:00 p.m. ET on December 22, 2025.
- Record date is December 12, 2025; shares distributed December 22, 2025.
- Split-adjusted trading begins at market open on December 23, 2025.
- Ticker remains "TPL" on NYSE and NYSE Texas; CUSIP and par value unchanged.
- Company describes ~882,000 acres of Permian Basin-concentrated land and non-operator, surface and royalty-based revenue model.
03—Questions
Frequently Asked Questions
What is changing with TPL's common stock?
The Company is effecting a three-for-one forward stock split of its common stock, par value $0.01 per share, and proportionately increasing authorized common shares from 46,536,936 to 139,610,808.
When do the split dates take effect?
The record date is December 12, 2025, the amendment becomes effective at 5:00 p.m. Eastern Time on December 22, 2025, shares are distributed on December 22, 2025, and split-adjusted trading begins at market open on December 23, 2025.
Will the ticker symbol or CUSIP change?
No. The common stock will continue to trade under the symbol "TPL" on the New York Stock Exchange and NYSE Texas, Inc., and the CUSIP number and par value will not change.
What does TPL's business model look like according to the press release?
The press release states TPL is one of the largest landowners in Texas, with about 882,000 acres mostly in the Permian Basin. It is not an oil and gas producer but earns revenue from surface and royalty ownership, including land-use fees, caliche sales, water services, royalties, saltwater disposal, and easement and lease income.
Does this filing report financial results?
No. The filing is limited to the stock split amendment and its effective date announcement under Items 5.03 and 7.01, and it does not report financial results.
04—Continue