Texas Pacific Land (TPL) Common Equity (2019 - 2026)
Texas Pacific Land's (TPL) quarterly Common Equity came in at $1.6 billion in Q1 2026, up 28.99% year-on-year from $1.2 billion in Q1 2025, and up 6.65% on a QoQ basis from $1.5 billion in Q4 2025.
Texas Pacific Land (TPL) Common Equity (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has 8 years of Common Equity data on file, last reported at $1.6 billion in Q1 2026.
- On a quarterly basis, Common Equity rose 28.99% year-over-year to $1.6 billion in Q1 2026; TTM through Mar 2026 was $1.6 billion, a 28.99% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 28.83% from the prior year.
- Common Equity for Q1 2026 stood at $1.6 billion, up from $1.5 billion in the prior quarter.
- Over the last five years, Common Equity for TPL reached as high as $1.6 billion in Q1 2026 and fell as low as $645.3 million in Q2 2022.
- Historically, Common Equity has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2024.
- Across the five-year window, Common Equity jumped 41.63% in 2022 and rose 6.84% in 2025, its largest moves.
- Year by year, Common Equity stood at $772.9 million in 2022, then jumped by 34.97% to $1.0 billion in 2023, then grew by 8.56% to $1.1 billion in 2024, then rose by 28.83% to $1.5 billion in 2025, then rose by 6.65% to $1.6 billion in 2026.
- Per Business Quant data, the three most recent Common Equity figures were $1.6 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 64.54 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 30.91 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 36.47 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 39.84 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 38.93 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 25.26 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 1.56 Bn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 15.43 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 19.55 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 11.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.56 Bn |
| Dec 31, 2025 | 1.46 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.21 Bn |
| Dec 31, 2024 | 1.13 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.21 Bn |
| Mar 31, 2024 | 1.12 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 964.56 Mn |
| Jun 30, 2023 | 887.55 Mn |
| Mar 31, 2023 | 829.05 Mn |
| Dec 31, 2022 | 772.89 Mn |
| Sep 30, 2022 | 721.17 Mn |
| Jun 30, 2022 | 645.28 Mn |
| Mar 31, 2022 | 727.88 Mn |
| Dec 31, 2021 | 651.71 Mn |
| Sep 30, 2021 | 601.04 Mn |
| Jun 30, 2021 | 547.18 Mn |