Texas Pacific Land Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Real Estate Activity

Real Estate Activity

6 Months Ended

Jun. 30, 2024

As of June 30, 2024 and December 31, 2023, TPL owned the following land and real estate (in thousands, except number of acres):


	June 30, 2024			December 31, 2023
	Number of Acres	Net Book Value		Number of Acres	Net Book Value
Land (surface rights) (1)	798,958	$	—	798,999	$	—
Real estate acquired	70,087	130,800		69,447	130,024
Total real estate	869,045	$	130,800	868,446	$	130,024

(1)Real estate assigned through the Declaration of Trust.

Land Acquisitions

For the six months ended June 30, 2024, we acquired 640 acres of land for an aggregate purchase price of $1.0 million. For the six months ended June 30, 2023, we acquired 12,141 acres of land for an aggregate purchase price of $20.0 million.

Land Sales

For the six months ended June 30, 2024, we sold 41 acres of land for an aggregate sales price of $1.2 million. For the six months ended June 30, 2023, we sold 43 acres of land for an aggregate sales price of $1.4 million.