Texas Pacific Land (TPL) Change in Taxes (2020 - 2026)

Texas Pacific Land's (TPL) quarterly Change in Taxes came in at $33.3 million in Q1 2026, up 665.23% on a QoQ basis from -$5.9 million in Q4 2025.

Texas Pacific Land (TPL) Change in Taxes (2020 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has 7 years of Change in Taxes data on file, last reported at $33.3 million in Q1 2026.

  • On a quarterly basis, Change in Taxes changed N/A year-over-year to $33.3 million in Q1 2026; TTM through Mar 2026 was $32.9 million, a 203.38% increase from a year earlier, with the FY2025 full-year figure at -$381000.0, changed N/A from the prior year.
  • Change in Taxes for Q1 2026 stood at $33.3 million, up from -$5.9 million in the prior quarter.
  • Over the last five years, Change in Taxes for TPL reached as high as $33.3 million in Q1 2026 and fell as low as -$35.7 million in Q2 2024.
  • Historically, Change in Taxes has averaged $2.6 million across 5 years, with a median of $514000.0 in 2023.
  • Across the five-year window, Change in Taxes plunged 491.62% in 2022 and surged 401.56% in 2024, its largest moves.
  • Year by year, Change in Taxes stood at $25.6 million in 2022, then tumbled by 97.99% to $514000.0 in 2023, then jumped by 401.56% to $2.6 million in 2024, then slumped by 328.28% to -$5.9 million in 2025, then soared by 665.23% to $33.3 million in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were $33.3 million in Q1 2026, -$5.9 million in Q4 2025, and $5.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn -
2 Eog Resources 74.61 Bn 70.76 Bn - 467.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 287.00 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 35.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 33.26 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn -
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn -19.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.26 Mn
Mar 31, 2026 33.26 Mn
Dec 31, 2025 -5.89 Mn
Dec 31, 2025 -5.89 Mn
Sep 30, 2025 5.71 Mn
Sep 30, 2025 5.71 Mn
Jun 30, 2025 -207,000.00
Jun 30, 2025 -207,000.00
Dec 31, 2024 2.58 Mn
Dec 31, 2024 2.58 Mn
Sep 30, 2024 1.33 Mn
Sep 30, 2024 1.33 Mn
Jun 30, 2024 -35.71 Mn
Jun 30, 2024 -35.71 Mn
Mar 31, 2024 31.81 Mn
Mar 31, 2024 31.81 Mn
Dec 31, 2023 514,000.00
Dec 31, 2023 514,000.00
Sep 30, 2023 -870,000.00
Sep 30, 2023 -870,000.00