U.S. Energy Landowner Continues to Accumulate Over 10% Stake Worth 2 Trillion Won

On April 14, April 17 and May 5, Horizon Kinetics Asset Management LLC acquired additional common shares of Texas Pacific Land Corp. (NYSE: TPL) in open‐market purchases, bringing its direct stake to approximately 3.43 million shares. According to the amended Schedule 13D filing, its total beneficial ownership exceeds 9.97 million shares, or about 14.5 percent, with the direct holding valued at roughly $1.4–$1.5 billion (approximately KRW 2 trillion). (stocktitan.net)

In its first‐quarter 2026 earnings release, TPL announced land sales tied to large‐scale data-center and power-plant developments, along with a water‐supply agreement. On May 5, the company appointed Peter Doyle, co-CEO of its largest shareholder Horizon Kinetics, to its board of directors, and earlier reported the passing of director Murray Stahl, another senior figure in the group. (texaspacific.com)

Texas Pacific Land Corp. owns about 880,000 acres in West Texas and is a major land and royalty company, generating revenue from oil and gas royalties and water-service fees. Horizon Kinetics remains its largest shareholder, holding a beneficial ownership stake of approximately 14.5 percent under the latest amended Schedule 13D. (fintel.io)