Texas Pacific Land Corporation (NYSE: TPL) announced the appointment of Peter Doyle to its board of directors. Doyle will also serve on the board's strategic acquisitions committee and stand for re-election at the 2026 Annual Meeting.

Doyle is Co-Founder and Co-Chief Executive Officer of Horizon Kinetics Holding Corporation (OTC: HKHC), which through its subsidiaries is TPL's largest shareholder. He serves as a senior member of the Horizon Kinetics research team and sits on its investment committee and board of directors. Doyle also holds the position of President at Kinetics Mutual Funds, Inc. and serves as Co-Portfolio Manager for several registered investment companies, private funds, and separately managed accounts.

TPL CEO Ty Glover stated that Doyle "has long been an engaged and active shareholder on behalf of Horizon Kinetics" and "understands our business and industry well." Glover added that Doyle will bring expertise and perspective to the boardroom.

In his statement, Doyle described the appointment as "a bittersweet privilege on the heels of Murray Stahl's sudden passing" and committed to "preserving Murray's legacy and advocating on behalf of Horizon Kinetics and all shareholders." He noted that TPL remains a major holding across Horizon Kinetics' investment funds and vehicles.

Texas Pacific Land Corporation owns approximately 881,000 acres of land, primarily concentrated in the Permian Basin. The company generates revenue through land use fees, material sales, water services, oil and gas royalties, and saltwater disposal operations rather than direct oil and gas production.