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TPL · NYSE · Oil & Gas Exploration & Production

Texas Pacific Land (TPL)

Monetizes Permian Basin land, energy royalties, surface access, and oilfield water services.

$355.24

After hours+0.20 (+0.06%)

At close$355.04(−3.21%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	158	167	174	172	174	186	196	188	203	212	237	246
Cost of revenue	12	13	14	19	12	20	23	22	31	−77	42	0
Gross profit	146	154	160	153	162	165	173	165	172	288	194	246
	19	20	24	20	35	23	23	22	23	139	12	54
	17	18	21	6	12	22	21	20	6	−22	0	8
General & administrative	17	18	21	6	12	22	21	20	6	−22	0	8
Other expenses	2	2	2	14	22	1	2	2	17	161	12	46
Operating income	127	134	136	133	127	143	150	144	149	149	182	192
	8	11	10	13	8	8	4	5	6	3	1	2
Interest income	8	0	10	11	8	4	4	5	6	3	2	1
Interest expense	0	0	0	0	0	0	0	0	0	0	1	1
Other non-operating income	0	−11	−10	0	−8	−8	−4	−5	−6	5	−2	−3
Income before tax	135	145	146	146	135	151	154	149	155	152	184	194
Income tax expense	29	32	32	32	29	33	34	33	34	28	41	40
Net income from continuing operations	106	113	114	115	107	118	121	116	121	123	143	154
Net income	106	113	114	115	107	118	121	116	121	123	143	154
EPS, basic	$1.53	$1.64	$1.66	$1.66	$1.54	$1.72	$1.75	$1.68	$1.76	$1.79	$2.07	$2.23
EPS, diluted	$1.53	$1.64	$1.66	$1.66	$1.54	$1.71	$1.75	$1.68	$1.76	$1.78	$2.07	$2.23
Weighted average shares, basic	69	69	69	69	69	69	69	69	69	69	69	69
Weighted average shares, diluted	69	69	69	69	69	69	69	69	69	69	69	69
EBITDA	131	149	150	137	141	162	166	163	170	166	199	211
Depreciation & amortization	4	4	4	4	6	11	12	14	15	22	14	17
EBIT	127	145	146	133	135	151	154	149	155	144	185	195