Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.26.3
Subsequent Events
9 Months Ended
Sep. 30, 2026
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
 
We evaluated events that occurred after the balance sheet date through the date these financial statements were issued, and the following events that met recognition or disclosure criteria were identified:

Land and Royalty Interests Acquisitions

In October 2026, we acquired additional land and oil and gas royalty interests in Midland and Glasscock Counties, Texas, for an aggregate purchase price of $145.0 million, excluding acquisition costs.

Dividends Declared

On November 2, 2026, our Board declared a quarterly cash dividend of $0.60 per share, payable on December 15, 2026 to stockholders of record at the close of business on December 1, 2026.



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