{
  "id": 7604678,
  "title": "Horizon Kinetics buys 1 Texas Pacific Land share for $371",
  "url": "https://urgent.news/2026/09/15/horizon-kinetics-buys-1-texas-pacific-land-share-for-371",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T18:31:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/horizon-kinetics-buys-1-texas-pacific-land-share-for-371-93CH-4902396"
  },
  "original_language": "en",
  "account": null,
  "summary": "Horizon Kinetics Asset Management LLC acquired 1 share of Texas Pacific Land Corp (TPL) on September 14, 2026, at a price of $371.73 per share, totaling $371. This acquisition brings the company's direct beneficial ownership in TPL to 3,390,846 shares, up from 10,109,933 shares previously reported in a May 7, 2026, Schedule 13D filing. Texas Pacific Land, a robust financial position with more cash than debt on its balance sheet and impressive gross profit margins of 93%, reported second-quarter 2026 earnings that missed Wall Street expectations for both profit and revenue. Despite the earnings miss, the company achieved record quarterly revenue, adjusted EBITDA, and free cash flow.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}