Texas Pacific Land Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net Income Per Share (Details)

Net Income Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Earnings Per Share [Abstract]
Net income	$ 269,980	$ 176,049	$ 318,728
Basic earnings per share:
Weighted average number of Sub-share Certificates outstanding - basic (in shares)	7,752,027	7,756,156	7,756,437
Basic earnings per share (in dollars per share)	$ 34.83	$ 22.70	$ 41.09
Diluted earnings per share:
Weighted average number of Sub-share Certificates outstanding - basic (in shares)	7,752,027	7,756,156	7,756,437
Stock-based incentive plan	27	0	0
Weighted average number of Sub-share Certificates outstanding - diluted (in shares)	7,752,054	7,756,156	7,756,437
Diluted earnings per share (in dollars per share)	$ 34.83	$ 22.70	$ 41.09

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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