Texas Pacific Land Corporation (NYSE:TPL) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET
Company Participants
Shawn Amini - Vice President, Finance and Investor Relations
Tyler Glover - Chief Executive Officer
Chris Steddum - Chief Financial Officer
Robert Crain - Executive Vice President, Texas Pacific Water Resources
Conference Call Participants
Derrick Whitfield - Stifel
Operator
Ladies and gentlemen, good morning, and welcome to the Texas Pacific Land Corporation's Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Shawn Amini, VP Finance and Investor Relations. Please go ahead, sir.
Shawn Amini
Thank you for joining us today for Texas Pacific Land Corporation's Third Quarter 2024 Earnings Conference Call.
Yesterday afternoon, the company released its financial results and filed its Form 10-Q with the Securities and Exchange Commission, which is available on the Investors section of the company's website at www.texaspacific.com.
As a reminder, remarks made on today's conference call may include forward-looking statements. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those discussed today. We do not undertake any obligation to update our forward-looking statements in light of new information or future events. For a more detailed discussion of the factors that may affect the company's results, please refer to our earnings release for this quarter and to our recent SEC filings.
During this call, we will also be discussing certain non-GAAP financial measures. More information and reconciliations about these non-GAAP financial measures are contained in our earnings release and SEC filings. Please also note, we may at times refer to our company by its stock ticker, TPL.
This morning's conference call is hosted by TPL's Chief Executive Officer, Ty Glover; and TPL's Chief Financial Officer, Chris Steddum. Management will make some prepared comments, after which we will open the call for questions. Now I will turn the call over to Ty.
Tyler Glover
Thanks, Shawn. Good morning, everyone, and thank you for joining us today.
Our strong third quarter 2024 performance underscores the success of our active management strategy focused on maximizing oil and gas royalties, surface and water assets with acquisition activity over the last couple of years set to provide incremental growth tailwinds. In addition, TPL continues to benefit from activity levels in the Permian Basin, which remain resilient despite fluctuations in oil and natural gas prices.