Texas Pacific Land (TPL) Capital Expenditures (2020 - 2025)

Texas Pacific Land's (TPL) quarterly Capital Expenditures came in at $31.4 million in Q3 2025, up 103.86% year-on-year from $15.4 million in Q3 2024, and up 804.91% on a QoQ basis from -$4.5 million in Q2 2025.

Texas Pacific Land (TPL) Capital Expenditures (2020 - 2025) Analysis & Trends

Texas Pacific Land (TPL) has 6 years of Capital Expenditures data on file, last reported at $31.4 million in Q3 2025.

  • On a quarterly basis, Capital Expenditures rose 103.86% year-over-year to $31.4 million in Q3 2025; TTM through Mar 2026 was $27.0 million, a 30.2% decrease from a year earlier, with the FY2025 full-year figure at $36.0 million, up 21.06% from the prior year.
  • Capital Expenditures for Q3 2025 stood at $31.4 million, up from -$4.5 million in the prior quarter.
  • Over the last five years, Capital Expenditures for TPL reached as high as $31.4 million in Q3 2025 and fell as low as -$5.3 million in Q4 2023.
  • Historically, Capital Expenditures has averaged $7.2 million across 5 years, with a median of $4.5 million in 2021.
  • Across the five-year window, Capital Expenditures surged 350.28% in 2024 and tumbled 534.8% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $4.5 million in 2021, then soared by 327.62% to $19.2 million in 2022, then plunged by 127.56% to -$5.3 million in 2023, then soared by 350.28% to $13.2 million in 2024, then soared by 137.42% to $31.4 million in 2025.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $31.4 million in Q3 2025, -$4.5 million in Q2 2025, and $9.0 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.95 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 153.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 933.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 1.55 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 650.17 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 839.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 707.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 574.00 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 31.45 Mn
Sep 30, 2025 31.45 Mn
Jun 30, 2025 -4.46 Mn
Jun 30, 2025 -4.46 Mn
Mar 31, 2025 8.97 Mn
Mar 31, 2025 8.97 Mn
Dec 31, 2024 13.25 Mn
Dec 31, 2024 13.25 Mn
Sep 30, 2024 15.43 Mn
Sep 30, 2024 15.43 Mn
Jun 30, 2024 1.03 Mn
Jun 30, 2024 1.03 Mn
Dec 31, 2023 -5.29 Mn
Dec 31, 2023 -5.29 Mn
Sep 30, 2023 14.78 Mn
Sep 30, 2023 14.78 Mn
Jun 30, 2023 3.79 Mn
Jun 30, 2023 3.79 Mn
Mar 31, 2023 1.75 Mn
Mar 31, 2023 1.75 Mn