Energy and minerals producers turn a strong quarter into dividends, buybacks and leaner spending

Land and royalties lead

Texas Pacific Land reported consolidated revenue of 273.4 million dollars for the third quarter of 2026 and net income of 167.4 million dollars, or 2.42 dollars per diluted share, the company reported in its filing. Oil and gas royalty revenue was 167.3 million dollars on production of 42.3 thousand barrels of oil equivalent per day. m:…1491

The company's water business added a second leg: water services and operations revenue was 71.8 million dollars, adjusted EBITDA was 238.4 million dollars, and free cash flow was 170.3 million dollars for the quarter, the company reported. m:…1491

The filing also records two forward-looking items: an agreement with Chevron U.S.A. to provide land and brackish water resources for Project Kilby, and the completion of construction and start of commissioning of the Phase 2B produced-water desalination facility in Orla, Texas. m:…1491

Metals miners convert prices into cash

Coeur Mining reported third-quarter 2026 revenue of 1.0 billion dollars, up 77 percent year on year, with quarterly net income of 109 million dollars, or 0.11 dollars per share, the company reported. Its cash balance increased to 1.2 billion dollars, and it has repurchased 231 million dollars of common stock since mid-May 2026. m:…1958

Coeur declared a second dividend of 0.02 dollars per share payable on December 16, 2026, and said it expects record full-year 2026 adjusted EBITDA above 2 billion dollars and free cash flow above 1.3 billion dollars, with full-year production targets of 630,000 ounces of gold, 18.7 million ounces of silver and 40.0 million pounds of copper. m:…1958

Coeur's revenue was spread across its three operating countries, with US, Canadian and Mexican operations accounting for 34 percent, 36 percent and 30 percent of third-quarter revenue respectively. Adjusted EBITDA and net income were reduced by 40 million dollars due to purchase price allocation accounting for Rainy River's stockpile inventory, the company reported. m:…1958

Albemarle's quarter shows the same pattern in lithium and specialties: the company reported net sales of 1.553 billion dollars, up 18.8 percent year on year, and adjusted EBITDA of 645.5 million dollars, up 186.1 percent. Energy storage net sales were 1.1188 billion dollars, up 57.9 percent, and specialties net sales were 388.6 million dollars, up 12.7 percent. m:…5979

Returns up, spending trimmed

Magnolia Oil & Gas reported third-quarter adjusted net income of 166.3 million dollars and adjusted EBITDAX of 392.0 million dollars, the company reported, alongside net income of 80.5 million dollars. It increased its share-repurchase authorisation by 15 million shares and declared a quarterly dividend of 0.18 dollars per share payable on December 1, 2026. m:…6661

Magnolia also gave a detailed spending plan: it expects fourth-quarter 2026 total production of 159 to 161 thousand barrels of oil equivalent per day, and estimates 2027 drilling and completion capital spending of 900 to 950 million dollars, with about 65 percent of 2027 activity targeted at the Austin Chalk and 35 percent at the Eagle Ford. m:…6661

Albemarle, by contrast, paired its raised outlook with restraint: the company increased its specialties segment adjusted EBITDA outlook for 2026 to 350 to 375 million dollars while reducing its full-year capital-expenditure forecast to 300 to 350 million dollars. It also reported more than 150 million dollars in year-to-date run-rate cost and productivity improvements, and said global lithium demand is up 48 percent year to date through August 2026. m:…5979