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Texas Pacific Land (TPL) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChartTranscripts

Texas Pacific Land Revenue Highlights

Latest Revenue (Y)

$631.60M

Latest Revenue (Q)

$173.56M

Main Segment (Y)

Oil And Gas Royalties

Texas Pacific Land Revenue by Period

Texas Pacific Land Revenue by Year

DateRevenueChange
2023-12-31$631.60M-5.37%
2022-12-31$667.42M48.00%
2021-12-31$450.96M49.05%
2020-12-31$302.55M-38.32%
2019-12-31$490.50M63.38%
2018-12-31$300.22M126.87%
2017-12-31$132.33M120.87%
2016-12-31$59.91M-24.56%
2015-12-31$79.41M43.86%
2014-12-31$55.20M25.15%
2013-12-31$44.11M35.36%
2012-12-31$32.59M-2.49%
2011-12-31$33.42M66.55%
2010-12-31$20.07M53.35%
2009-12-31$13.08M-32.19%
2008-12-31$19.30M24.77%
2007-12-31$15.47M-31.15%
2006-12-31$22.46M45.78%
2005-12-31$15.41M-47.13%
2004-12-31$29.14M192.77%
2003-12-31$9.95M9.11%
2002-12-31$9.12M-32.07%
2001-12-31$13.43M72.19%
2000-12-31$7.80M31.65%
1999-12-31$5.92M-43.47%
1998-12-31$10.48M-19.85%
1997-12-31$13.08M52.37%
1996-12-31$8.58M33.24%
1995-12-31$6.44M-29.23%
1994-12-31$9.10M71.70%
1993-12-31$5.30M-

Texas Pacific Land generated $631.60M in revenue during NA 2023, up -5.37% compared to the previous quarter, and up 210.38% compared to the same period a year ago.

Texas Pacific Land Revenue by Quarter

DateRevenueChange
2024-09-30$173.56M0.71%
2024-06-30$172.33M-1.04%
2024-03-31$174.14M4.49%
2023-12-31$166.66M5.50%
2023-09-30$157.97M-1.64%
2023-06-30$160.61M9.73%
2023-03-31$146.36M-4.15%
2022-12-31$152.71M-20.10%
2022-09-30$191.11M8.42%
2022-06-30$176.27M19.64%
2022-03-31$147.34M0.11%
2021-12-31$147.18M18.99%
2021-09-30$123.69M28.94%
2021-06-30$95.93M13.99%
2021-03-31$84.16M13.26%
2020-12-31$74.30M-0.11%
2020-09-30$74.38M36.31%
2020-06-30$54.57M-43.51%
2020-03-31$96.59M-14.77%
2019-12-31$113.33M15.02%
2019-09-30$98.53M12.85%
2019-06-30$87.31M-54.37%
2019-03-31$191.32M105.28%
2018-12-31$93.20M27.38%
2018-09-30$73.17M-0.92%
2018-06-30$73.84M23.06%
2018-03-31$60.01M56.78%
2017-12-31$38.28M-9.89%
2017-09-30$42.48M55.32%
2017-06-30$27.35M12.88%
2017-03-31$24.23M37.95%
2016-12-31$17.56M23.11%
2016-09-30$14.27M-11.89%
2016-06-30$16.19M36.14%
2016-03-31$11.89M-19.18%
2015-12-31$14.71M-19.06%
2015-09-30$18.18M54.22%
2015-06-30$11.79M-66.06%
2015-03-31$34.73M161.32%
2014-12-31$13.29M-9.91%
2014-09-30$14.75M-5.31%
2014-06-30$15.58M34.56%
2014-03-31$11.58M-7.38%
2013-12-31$12.50M-16.29%
2013-09-30$14.93M50.08%
2013-06-30$9.95M47.99%
2013-03-31$6.72M-13.97%
2012-12-31$7.82M13.98%
2012-09-30$6.86M-19.52%
2012-06-30$8.52M-9.28%
2012-03-31$9.39M-14.95%
2011-12-31$11.04M32.34%
2011-09-30$8.34M-2.59%
2011-06-30$8.57M49.87%
2011-03-31$5.72M4.68%
2010-12-31$5.46M40.52%
2010-09-30$3.89M-39.98%
2010-06-30$6.47M52.51%
2010-03-31$4.25M16.79%
2009-12-31$3.63M8.23%
2009-09-30$3.36M-20.85%
2009-06-30$4.24M129.47%
2009-03-31$1.85M-38.27%
2008-12-31$3.00M-50.02%
2008-09-30$5.99M11.96%
2008-06-30$5.35M8.03%
2008-03-31$4.95M20.34%
2007-12-31$4.12M-

Texas Pacific Land generated $173.56M in revenue during Q3 2024, up 0.71% compared to the previous quarter, and up 108.07% compared to the same period a year ago.

Texas Pacific Land Revenue Breakdown

Texas Pacific Land Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Water Sales And Royalties$112.20M$84.72M$67.77M$54.86M
Produced Water Royalties$84.26M$72.23M$58.08M-
Oil And Gas Royalties$357.39M$452.43M$286.47M$137.95M
Land Sales and Other Revenue$6.81M$9.97M$1.03M-
Easement and Sundry$70.93M$48.06M$37.62M$92.04M
Oil And Gas Royalty Interests----
Other Revenues---$323.00K

Texas Pacific Land's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil And Gas Royalties (56.59%), Water Sales And Royalties (17.77%), Produced Water Royalties (13.34%), Easement and Sundry (11.23%), and Land Sales and Other Revenue (1.08%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Easement and Sundry$14.28M$20.65M$19.07M$18.19M$18.71M$14.97M$10.75M$14.13M$13.99M$9.19M$9.76M$9.83M$8.98M$9.05M
Water Sales And Royalties$36.21M$37.13M$26.40M$26.42M$37.65M$21.73M$19.21M$24.43M$22.27M$18.82M$22.78M$19.55M$12.47M$12.96M
Land Sales$901.00K$1.24M-$746.00K----------
Oil And Gas Royalties$94.44M$92.12M$179.18M$87.10M$82.41M$8.70M$96.70M$130.30M$121.27M$104.17M$99.63M$79.10M$58.20M$49.53M
Produced Water Royalties$27.73M$23.01M$22.44M$20.85M$20.84M$20.13M$19.57M$19.13M$18.67M$14.87M$14.93M$15.14M$15.46M$12.55M
Land Sales and Other Revenue---$5.41M$1.00M$400.00K$6.49M$3.13M$71.00K$281.00K----
Other Revenues-----------$69.00K$74.00K$70.00K

Texas Pacific Land's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Oil And Gas Royalties (54.41%), Water Sales And Royalties (20.86%), Produced Water Royalties (15.98%), Easement and Sundry (8.23%), and Land Sales (0.52%).

Texas Pacific Land Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
COPConocoPhillips$82.16B$13.60B
HESHess$10.70B$3.28B
FANGDiamondback Energy$8.34B$2.65B
APAAPA$8.28B$2.53B
EQTEQT$7.53B$3.65T
ARAntero Resources$4.68B$1.06B
CHRDChord Energy$3.90B$1.45B
CIVICivitas Resources$3.48B$1.27B
MTDRMatador Resources Company$2.82B$894.07M
CRCCalifornia Resources$2.81B$1.35B
RRCRange Resources$2.55B$615.03M
CRKComstock Resources$1.57B$253.63M
VTLEVital Energy$1.55B$459.23M
MGYMagnolia Oil & Gas$1.23B$333.13M
TPLTexas Pacific Land$631.60M$173.56M
BSMBlack Stone Minerals$409.98M$134.86M
KRPKimbell Royalty Partners, LP$273.18M$83.78M
DMLPDorchester Minerals$11.83M$53.47M

TPL Revenue FAQ

What is Texas Pacific Land’s yearly revenue?

Texas Pacific Land's yearly revenue for 2023 was $631.6M, representing a decrease of -5.37% compared to 2022. The company's yearly revenue for 2022 was $667.42M, representing an increase of 48.00% compared to 2021. TPL's yearly revenue for 2021 was $450.96M, representing an increase of 49.05% compared to 2020.

What is Texas Pacific Land’s quarterly revenue?

Texas Pacific Land's quarterly revenue for Q3 2024 was $173.56M, a 0.71% increase from the previous quarter (Q2 2024), and a 9.87% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $172.33M, a -1.04% decrease from the previous quarter (Q1 2024), and a 7.30% increase year-over-year (Q2 2023). TPL's quarterly revenue for Q1 2024 was $174.14M, a 4.49% increase from the previous quarter (Q4 2023), and a 18.98% increase year-over-year (Q1 2023).

What is Texas Pacific Land’s revenue growth rate?

Texas Pacific Land's revenue growth rate for the last 3 years (2021-2023) was 40.06%, and for the last 5 years (2019-2023) was 28.77%.

What are Texas Pacific Land’s revenue streams?

Texas Pacific Land's revenue streams in c 23 are Water Sales And Royalties, Produced Water Royalties, Oil And Gas Royalties, Land Sales and Other Revenue, and Easement and Sundry. Water Sales And Royalties generated $112.2M in revenue, accounting 17.77% of the company's total revenue, up 32.43% year-over-year. Produced Water Royalties generated $84.26M in revenue, accounting 13.34% of the company's total revenue, up 16.65% year-over-year. Oil And Gas Royalties generated $357.39M in revenue, accounting 56.59% of the company's total revenue, down -21.01% year-over-year. Land Sales and Other Revenue generated $6.81M in revenue, accounting 1.08% of the company's total revenue, down -31.75% year-over-year. Easement and Sundry generated $70.93M in revenue, accounting 11.23% of the company's total revenue, up 47.60% year-over-year.

What is Texas Pacific Land’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Texas Pacific Land was Oil And Gas Royalties. This segment made a revenue of $357.39M, representing 56.59% of the company's total revenue.