Texas Pacific Land (TPL) Revenue & Revenue Breakdown
Texas Pacific Land Revenue Highlights
Latest Revenue (Y)
$631.60M
Latest Revenue (Q)
$174.14M
Main Segment (Y)
Oil And Gas Royalties
Texas Pacific Land Revenue by Period
Texas Pacific Land Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $631.60M | -5.37% |
| 2022-12-31 | $667.42M | 48.00% |
| 2021-12-31 | $450.96M | 49.05% |
| 2020-12-31 | $302.55M | -38.32% |
| 2019-12-31 | $490.50M | 63.38% |
| 2018-12-31 | $300.22M | 126.87% |
| 2017-12-31 | $132.33M | 120.87% |
| 2016-12-31 | $59.91M | -24.56% |
| 2015-12-31 | $79.41M | 43.86% |
| 2014-12-31 | $55.20M | 25.15% |
| 2013-12-31 | $44.11M | 35.36% |
| 2012-12-31 | $32.59M | -2.49% |
| 2011-12-31 | $33.42M | 66.55% |
| 2010-12-31 | $20.07M | 53.35% |
| 2009-12-31 | $13.08M | -32.19% |
| 2008-12-31 | $19.30M | 24.77% |
| 2007-12-31 | $15.47M | -31.15% |
| 2006-12-31 | $22.46M | 45.78% |
| 2005-12-31 | $15.41M | -47.13% |
| 2004-12-31 | $29.14M | 192.77% |
| 2003-12-31 | $9.95M | 9.11% |
| 2002-12-31 | $9.12M | -32.07% |
| 2001-12-31 | $13.43M | 72.19% |
| 2000-12-31 | $7.80M | 31.65% |
| 1999-12-31 | $5.92M | -43.47% |
| 1998-12-31 | $10.48M | -19.85% |
| 1997-12-31 | $13.08M | 52.37% |
| 1996-12-31 | $8.58M | 33.24% |
| 1995-12-31 | $6.44M | -29.23% |
| 1994-12-31 | $9.10M | 71.70% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $174.14M | 4.49% |
| 2023-12-31 | $166.66M | 5.50% |
| 2023-09-30 | $157.97M | -1.64% |
| 2023-06-30 | $160.61M | 9.73% |
| 2023-03-31 | $146.36M | -4.15% |
| 2022-12-31 | $152.71M | -20.10% |
| 2022-09-30 | $191.11M | 8.42% |
| 2022-06-30 | $176.27M | 19.64% |
| 2022-03-31 | $147.34M | 0.11% |
| 2021-12-31 | $147.18M | 18.99% |
| 2021-09-30 | $123.69M | 28.94% |
| 2021-06-30 | $95.93M | 13.99% |
| 2021-03-31 | $84.16M | 13.26% |
| 2020-12-31 | $74.30M | -0.11% |
| 2020-09-30 | $74.38M | 36.31% |
| 2020-06-30 | $54.57M | -43.51% |
| 2020-03-31 | $96.59M | -14.77% |
| 2019-12-31 | $113.33M | 15.02% |
| 2019-09-30 | $98.53M | 12.85% |
| 2019-06-30 | $87.31M | -54.37% |
| 2019-03-31 | $191.32M | 105.28% |
| 2018-12-31 | $93.20M | 27.38% |
| 2018-09-30 | $73.17M | -0.92% |
| 2018-06-30 | $73.84M | 23.06% |
| 2018-03-31 | $60.01M | 56.78% |
| 2017-12-31 | $38.28M | -9.89% |
| 2017-09-30 | $42.48M | 55.32% |
| 2017-06-30 | $27.35M | 12.88% |
| 2017-03-31 | $24.23M | 37.95% |
| 2016-12-31 | $17.56M | 23.11% |
| 2016-09-30 | $14.27M | -11.89% |
| 2016-06-30 | $16.19M | 36.14% |
| 2016-03-31 | $11.89M | -19.18% |
| 2015-12-31 | $14.71M | -19.06% |
| 2015-09-30 | $18.18M | 54.22% |
| 2015-06-30 | $11.79M | -66.06% |
| 2015-03-31 | $34.73M | 161.32% |
| 2014-12-31 | $13.29M | -9.91% |
| 2014-09-30 | $14.75M | -5.31% |
| 2014-06-30 | $15.58M | 34.56% |
| 2014-03-31 | $11.58M | -7.38% |
| 2013-12-31 | $12.50M | -16.29% |
| 2013-09-30 | $14.93M | 50.08% |
| 2013-06-30 | $9.95M | 47.99% |
| 2013-03-31 | $6.72M | -13.97% |
| 2012-12-31 | $7.82M | 13.98% |
| 2012-09-30 | $6.86M | -19.52% |
| 2012-06-30 | $8.52M | -9.28% |
| 2012-03-31 | $9.39M | -14.95% |
| 2011-12-31 | $11.04M | 32.34% |
| 2011-09-30 | $8.34M | -2.59% |
| 2011-06-30 | $8.57M | 49.87% |
| 2011-03-31 | $5.72M | 4.68% |
| 2010-12-31 | $5.46M | 40.52% |
| 2010-09-30 | $3.89M | -39.98% |
| 2010-06-30 | $6.47M | 52.51% |
| 2010-03-31 | $4.25M | 16.79% |
| 2009-12-31 | $3.63M | 8.23% |
| 2009-09-30 | $3.36M | -20.85% |
| 2009-06-30 | $4.24M | 129.47% |
| 2009-03-31 | $1.85M | -38.27% |
| 2008-12-31 | $3.00M | -50.02% |
| 2008-09-30 | $5.99M | 11.96% |
| 2008-06-30 | $5.35M | 8.03% |
| 2008-03-31 | $4.95M | 20.34% |
| 2007-12-31 | $4.12M | - |
Texas Pacific Land generated $174.14M in revenue during Q1 2024, up 4.49% compared to the previous quarter, and up 114.04% 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Easement and Sundry | $70.93M | $48.06M | $37.62M | $92.04M |
| Land Sales and Other Revenue | $6.81M | $9.97M | $1.03M | - |
| Oil And Gas Royalties | $357.39M | $452.43M | $286.47M | $137.95M |
| Produced Water Royalties | $84.26M | $72.23M | $58.08M | - |
| Water Sales And Royalties | $112.20M | $84.72M | $67.77M | $54.86M |
| 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Easement and Sundry | $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 | $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 | $1.24M | - | $746.00K | - | - | - | - | - | - | - | - | - | - |
| Oil And Gas Royalties | $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 | $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 Mar 24: Oil And Gas Royalties (52.90%), Water Sales And Royalties (21.32%), Produced Water Royalties (13.21%), Easement and Sundry (11.86%), and Land Sales (0.71%).
Texas Pacific Land Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| COP | ConocoPhillips | $82.16B | $14.14B |
| HES | Hess | $10.70B | $3.20B |
| FANG | Diamondback Energy | $8.34B | $2.48B |
| APA | APA | $8.28B | $2.54B |
| CHK | Chesapeake Energy | $7.78B | $514.00M |
| EQT | EQT | $7.53B | $891.18M |
| AR | Antero Resources | $4.68B | $978.65M |
| CHRD | Chord Energy | $3.90B | $1.26B |
| CIVI | Civitas Resources | $3.48B | $1.31B |
| MTDR | Matador Resources | $2.82B | $855.20M |
| CRC | California Resources | $2.81B | $518.00M |
| RRC | Range Resources | $2.55B | $513.24M |
| CRK | Comstock Resources | $1.57B | $186.28M |
| VTLE | Vital Energy | $1.55B | $476.37M |
| MGY | Magnolia Oil & Gas | $1.23B | $336.73M |
| TPL | Texas Pacific Land | $631.60M | $174.14M |
| BSM | Black Stone Minerals | $409.98M | $120.72M |
| KRP | Kimbell Royalty Partners, LP | $273.18M | $76.57M |
| DMLP | Dorchester Minerals | $11.83M | $37.36M |
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 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). The company's quarterly revenue for Q4 2023 was $166.66M, a 5.50% increase from the previous quarter (Q3 2023), and a 9.14% increase year-over-year (Q4 2022). TPL's quarterly revenue for Q3 2023 was $157.97M, a -1.64% decrease from the previous quarter (Q2 2023), and a -17.34% decrease year-over-year (Q3 2022).
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 Easement and Sundry, Land Sales and Other Revenue, Oil And Gas Royalties, Produced Water Royalties, and Water Sales And Royalties. Easement and Sundry generated $70.93M in revenue, accounting 11.23% of the company's total revenue, up 47.60% 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. Oil And Gas Royalties generated $357.39M in revenue, accounting 56.59% of the company's total revenue, down -21.01% 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. Water Sales And Royalties generated $112.2M in revenue, accounting 17.77% of the company's total revenue, up 32.43% 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.