Texas Pacific Land Corporation (NYSE: TPL), one of the largest landowners in Texas, owns and manages about 868,000 acres in the Permian Basin. Founded in 1888 as a business trust, TPL launched a new strategy in 2016 to maximize asset value through active management of surface and royalty interests. Today, TPL generates revenues along the entire value chain of oil and gas development, including royalties; water resources; and surface leases, easements and materials (SLEM). TPL also invests in next-generation technologies that will capitalize on the global energy transition. For more information, please visit www.texaspacific.com. Visit TPL Corporation at www.texaspacific.com.