Texas Pacific Land’s (TPL) Rising EPS Strengthens Its Royalty Model But How Durable Is This Edge?
Texas Pacific Land (TPL) reported increased revenue and net income in Q2 2026, with diluted EPS rising to US$2.23, reinforcing its royalty-based business model. Despite strong financial performance and efforts to diversify revenue through agreements like Project Kilby with Chevron, the company still faces …