01—Abstract
Summary
Summary of the 8-K filed April 9, 2026. Cited figures are marked; the original filing is the authoritative source.
Texas Pacific Land Corporation (TPL) filed a Current Report on Form 8-K on April 9, 2026, under Item 7.01 (Regulation FD Disclosure) to announce the passing of Murray Stahl, a member of the Company's Board of Directors.
The filing furnishes a press release as Exhibit 99.1, which states that Mr. Stahl was Chief Executive Officer, Chairman of the Board and Chief Investment Strategist of Horizon Kinetics Holding Corporation, which, through various owned subsidiaries, is TPL's largest shareholder. The press release includes tributes from CEO Ty Glover and Board Chairman Rhys Best. Glover described Mr. Stahl as a strong advocate for the Company and credited him and Horizon Kinetics, along with its predecessors, with being TPL's largest shareholder for many decades.
Best said the Board will greatly miss him. The filing does not announce any change to the Board, operations, financial results, or capital allocation.
The press release also describes TPL as one of the largest landowners in Texas, with approximately 882,000 acres concentrated in the Permian Basin. It notes the Company is not an oil and gas producer and generates revenue from surface and royalty interests, fixed-fee land use payments, caliche sales, water sourcing and treatment, saltwater disposal, and easements and leases.
02—Key points
Key Highlights
- Announced the passing of Murray Stahl, a sitting member of TPL's Board of Directors, via press release furnished as Exhibit 99.1
- Mr. Stahl was CEO, Chairman and Chief Investment Strategist of Horizon Kinetics Holding Corporation, TPL's largest shareholder through owned subsidiaries
- CEO Ty Glover and Board Chairman Rhys Best issued tributes highlighting Mr. Stahl's advocacy and contributions
- The filing discloses no changes to financial results, guidance, or Board composition
- TPL holds approximately 882,000 acres of land, mostly in the Permian Basin, and is not an oil and gas producer
- Revenue streams cited include fixed-fee land use, caliche sales, water services, saltwater disposal, and royalty interests
03—Questions
Frequently Asked Questions
Who was Murray Stahl and what was his role at Texas Pacific Land?
Murray Stahl was a member of TPL's Board of Directors. The press release states he was Chief Executive Officer, Chairman of the Board and Chief Investment Strategist of Horizon Kinetics Holding Corporation, which, through various owned subsidiaries, is TPL's largest shareholder.
Does this filing change TPL's financial outlook or operations?
No. The 8-K reports only the announcement of Mr. Stahl's passing under Item 7.01 and does not include financial results, guidance, or operational changes.
Is the disclosure considered filed for purposes of Section 18 of the Exchange Act?
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 Exchange Act and is not incorporated by reference into other filings unless expressly stated.
What does TPL own and how does it generate revenue?
According to the press release, TPL is one of the largest landowners in Texas with approximately 882,000 acres, mostly in the Permian Basin. It is not an oil and gas producer. Revenue comes from fixed-fee land use payments, caliche sales, sourced and treated water, saltwater disposal, oil and gas royalty interests, and easements, leases and temporary permits.
Who is TPL's largest shareholder?
The press release identifies Horizon Kinetics Holding Corporation, through various owned subsidiaries, as TPL's largest shareholder, and states that Horizon Kinetics and its predecessors have held that position for many decades.
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