TPL Announces the Passing of Murray Stahl

DALLAS--(BUSINESS WIRE)-- 国产福利资源在线播放 (NYSE: TPL) (鈥淭PL鈥� or the 鈥淐ompany鈥�) and the Company鈥檚 Board of Directors (鈥淏oard鈥�) announced today that Murray Stahl, a member of TPL鈥檚 Board, has passed away. Mr. Stahl was the Chief Executive Officer, Chairman of the Board and Chief Investment Strategist of Horizon Kinetics Holding Corporation, which, through various owned subsidiaries, is TPL鈥檚 largest shareholder.

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Murray Stahl

Murray Stahl

Ty Glover, CEO of TPL, said, 鈥淢urray was a tremendous advocate for TPL from the very day I joined the Company. His firm, Horizon Kinetics, along with its predecessors, had been TPL鈥檚 largest shareholder for many decades. Murray believed in the Company when it was still a thinly-traded, little-known trust that simply owned some land in west Texas. Today, TPL stands as one of the largest publicly-traded energy companies in the world鈥攁 transformation that seemed inconceivable to almost everyone just a decade ago. Everyone, that is, except Murray. He was a true independent thinker and a visionary who saw what others could not. I am saddened by his sudden passing, and I will miss his presence in the boardroom and outside of it. On behalf of the entire Company, I offer our condolences to Murray鈥檚 family.鈥�

Rhys Best, Chairman of the Board of TPL, stated, 鈥淲e will be forever grateful to Murray for his dedication and contribution to TPL. It has been a privilege for me and the other Board members to work alongside Murray. He will be greatly missed.鈥�

国产福利资源在线播放

国产福利资源在线播放 is one of the largest landowners in the State of Texas with approximately 882,000 acres of land, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership provides revenue opportunities throughout the life cycle of a well. These revenue opportunities include fixed fee payments for use of the Company鈥檚 land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and/or treated produced water, revenue from the Company鈥檚 oil and gas royalty interests, and revenue related to saltwater disposal on the Company鈥檚 land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases and temporary permits principally related to a variety of land uses including, but not limited to, midstream infrastructure projects and hydrocarbon processing facilities.

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Investor Relations
IR@TexasPacific.com

Source: 国产福利资源在线播放

Released April 9, 2026