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| Date | Value |
|---|---|
| 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 |