DALLAS--(BUSINESS WIRE)--Apr 9, 2026--
Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) and the Company’s Board of Directors (“Board”) announced today that Murray Stahl, a member of TPL’s 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’s largest shareholder.
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Ty Glover, CEO of TPL, said, “Murray 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’s 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—a 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’s family.”
Rhys Best, Chairman of the Board of TPL, stated, “We 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.”
Texas Pacific Land Corporation
Texas Pacific Land Corporation 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’s 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’s oil and gas royalty interests, and revenue related to saltwater disposal on the Company’s 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.
Visit TPL at http://www.TexasPacific.com.
Murray Stahl
MADISON, Wis. (AP) — The bluntest assessment of Republicans' failures during this week's elections in Wisconsin came from one of their own.
“We got our butts kicked,” said U.S. Rep. Tom Tiffany, who is running for governor.
He was referring to Democratic victories in campaigns for the Wisconsin Supreme Court and the mayor's office in Waukesha, a conservative suburb outside Milwaukee. But some Republicans were also rattled by a special election in Georgia, where their candidate to replace Marjorie Taylor Greene in Congress won by a much slimmer margin than the party enjoyed in the past.
Taken together, the swings added more data points to an increasingly clear picture of Democratic momentum heading into the November midterms, when control of Congress and state governments is up for grabs.
“In rural, urban, red, blue, Democrats have overperformed everywhere,” said Jared Leopold, a Democratic consultant whose clients include Keisha Lance Bottoms, a candidate for Georgia governor. “That is a significant canary in the coal mine about what November of ’26 is going to look like.”
Some Republicans insisted there was no need to panic, and their fundraising remains stronger than Democrats'. Stephen Lawson, a Georgia strategist, said “the sky is not falling.”
But he also said his party is running behind where it has been in the past, and Republicans need to be “looking at these results carefully.”
Special elections are no guarantee about the future, but Democrats are showing surprising strength. They flipped a Texas state Senate district. They won a state House seat in a Florida district that includes President Donald Trump's Mar-a-Lago resort in Palm Beach.
Then they gained ground Tuesday in the election to replace Greene, who resigned from Congress in January after a falling out with Trump.
Republican Clay Fuller, who won by 12 percentage points, “CRUSHED” his opponent in a race that “wasn't close,” according to a social media post by Josh McKoon, chairman of the Georgia Republican Party.
But two years ago, Greene won by 29 percentage points and Trump carried the district by almost 37 percentage points.
“That’s a red alarm for Republicans,” said Democratic strategist Meredith Brasher.
Democrat Shawn Harris plans to challenge Fuller again in November.
Jackie Harling, the district's Republican chairwoman, said she believed that Greene’s resignation energized Democrats while her party is suffering from “election fatigue.”
“Marjorie Taylor Greene was like a freight train that you couldn’t stop, and when she pulled out, it gave Democrats hope and it gave them a shot at winning something they believed was unwinnable,” Harling said.
Georgia has key races this year, including an open contest for the governor's office. U.S. Sen. Jon Ossoff, a Democrat, is trying to defend his seat as well.
There's reason to think that simmering discontent could boomerang on Republicans just two years after Trump harnessed voters' anger with his comeback presidential campaign.
In November, Democrats defeated two Republican incumbents in statewide races for seats on the Public Service Commission, which regulates utilities. Rising electricity rates have been a fault line in recent campaigns, especially as enormous data centers are built to power artificial intelligence.
But Georgia Democratic Party Chair Charlie Bailey is trying to maintain modest expectations.
“We could cement ourselves, put ourselves, on the slightly bluer side of purple,” he said. ”We’re not going to overnight turn into Colorado.”
Wisconsin holds statewide elections for Supreme Court seats, and liberals expanded their majority with a 20-percentage-point blowout victory on Tuesday.
Democrats saw gains in red, blue and purple counties when compared with another judicial race last year, which was also won by the liberal candidate.
“This to me was a very clear sign of momentum and enthusiasm for Democrats in the fall,” said Wisconsin Democratic Party Chairman Devin Remiker.
The state has its own open race for governor this year, and Democrats are hoping to take control of the state Legislature and oust Republican U.S. Rep. Derrick Van Orden.
“It’s time for us to put this thing in overdrive,” said Mandela Barnes, a Democratic former lieutenant governor who is running for governor.
Milwaukee County Executive David Crowley, another Democratic candidate for governor, said it’s clear that “people are really upset with the Republican Party and their brand right now.”
“But that doesn’t mean that they’re automatically going to come over to the Democrats,” Crowley said. “And that’s why we have to continue to focus on the issues and speak to the values of all the voters here in the state of Wisconsin.”
Tiffany, the Republican candidate for governor in Wisconsin, cautioned against reading too much into Tuesday’s results.
He said “every election is unique,” and he wasn’t making any changes to his campaign. He said the key to winning will be to “paint that clear contrast of how we are going to help everyday Wisconsinites.”
But Democrats seemed to be making inroads, including in Waukesha, in a county that's a Republican.
Democrat Alicia Halvensleben, president of the city’s Common Council, defeated Republican Scott Allen, one of the most conservative members of the state Assembly.
She said Trump came up “a lot” when she was campaigning, although she thinks her victory came down to local issues and how the state legislature wasn't addressing them.
“There’s so much uncertainty at the national level,” Halvensleben said. “I think that level of uncertainty is causing people a lot of anxiety, all the way down to the local level.”
Amy reported from Atlanta and Cooper from Phoenix.
Republican Clay Fuller speaks during an election night watch party after winning a special election for Georgia's 14th Congressional District, Tuesday, April 7, 2026, in Ringgold, Ga. (AP Photo/Mike Stewart)
Rep. Tom Tiffany, R-Wis., a candidate for Wisconsin governor, speaks during a news conference Wednesday, April 8, 2026, about what the GOP needs to do in November after big defeats in the spring election, outside of the state Capitol in Madison, Wis. (AP Photo/Scott Bauer)
