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

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details)

Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Net income	$ 114,589	$ 114,417	$ 100,393	$ 86,568	$ 229,006	$ 186,961
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share (in shares)	22,987,971		23,056,986		22,995,486	23,068,056
Basic earnings per share (in dollars per share)	$ 4.99		$ 4.35		$ 9.96	$ 8.10
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share (in shares)	22,987,971		23,056,986		22,995,486	23,068,056
Incentive and equity compensation plans (in shares)	25,822		15,865		22,827	15,587
Weighted average shares outstanding for diluted EPS (in shares)	23,013,793		23,072,851		23,018,313	23,083,643
Diluted earnings per share (in dollars per share)	$ 4.98		$ 4.35		$ 9.95	$ 8.10

- 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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+ Details

- Definition

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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+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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