Texas Pacific Land Corporation splits its revenue into 6 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Oil And Gas Royalties at $411.7 million, 52% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
|---|---|---|---|---|---|---|---|
| Revenue |
968
|
798
|
706
|
632
|
667
|
451
|
303
|
| Oil And Gas Royalties |
528
+28.1%
share 54.5%
|
412
+10.3%
share 51.6%
|
373
+4.5%
share 52.9%
|
357
-21.0%
share 56.6%
|
452
+57.9%
share 67.8%
|
286
+107.7%
share 63.5%
|
138
share 45.6%
|
| Water Sales |
176
+20.6%
share 18.2%
|
170
+12.6%
share 21.3%
|
151
+34.3%
share 21.4%
|
112
+32.4%
share 17.8%
|
85
+25.0%
share 12.7%
|
68
+23.5%
share 15.0%
|
55
share 18.1%
|
| Produced Water Royalties |
146
+22.5%
share 15.0%
|
124
+19.3%
share 15.6%
|
104
share 14.8%
|
—
|
72
+24.4%
share 10.8%
|
58
+14.7%
share 12.9%
|
51
share 16.7%
|
| Easementand Sundry |
98
+5.2%
share 10.1%
|
92
+25.3%
share 11.5%
|
73
+3.3%
share 10.4%
|
71
+47.6%
share 11.2%
|
48
+27.8%
share 7.2%
|
38
-9.1%
share 8.3%
|
41
share 13.7%
|
| Land Sales |
—
|
—
|
—
|
7
-31.7%
share 1.1%
|
10
+871.0%
share 1.5%
|
1
-94.2%
share 0.2%
|
18
share 5.9%
|
| Land Sale |
21
+587.6%
share 2.2%
|
1
-81.3%
share 0.1%
|
4
-35.5%
share 0.6%
|
7
-29.7%
share 1.1%
|
10
share 1.5%
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Oil Royalty Traders (SIC 6792)
- Listed as
- TPL (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Dallas, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1811074
Other Oil Royalty Traders companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.