Texas Pacific Land (TPL) Equity Average (2020 - 2026)
Texas Pacific Land (TPL) reported Equity Average of $1.5 billion for Q1 2026, up 28.91% year-over-year from $1.2 billion in Q1 2025, and up 6.65% quarter-over-quarter from $1.4 billion in Q4 2025.
Texas Pacific Land (TPL) Equity Average (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has 7 years of Equity Average data on file, last reported at $1.5 billion in Q1 2026.
- Equity Average for Q1 2026 came in at $1.5 billion, up 28.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 28.91% YoY), and the FY2025 annual result was $1.3 billion, up 19.11% from the prior year.
- Equity Average improved to $1.5 billion in Q1 2026 per TPL's latest filing, from $1.4 billion in the prior quarter.
- Over five years, Equity Average peaked at $1.5 billion in Q1 2026 and troughed at $683.2 million in Q3 2022.
- A 5-year average of $1.0 billion and a median of $1.1 billion in 2024 frame the typical range for Equity Average.
- The sharpest annual moves came in 2022 and 2025: Equity Average jumped 38.08% in 2022, then grew 7.14% in 2025.
- A 5-year view of Equity Average shows it stood at $747.0 million in 2022, then soared by 34.38% to $1.0 billion in 2023, then advanced by 8.81% to $1.1 billion in 2024, then gained by 29.4% to $1.4 billion in 2025, then increased by 6.65% to $1.5 billion in 2026.
- Business Quant data shows TPL's Equity Average at $1.5 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 35.78 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 64.51 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 30.37 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 38.08 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 36.72 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 26.27 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Texas Pacific Land | 26.33 Bn | 26.08 Bn | - | 1.51 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.51 Bn |
| Dec 31, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.33 Bn |
| Jun 30, 2025 | 1.25 Bn |
| Mar 31, 2025 | 1.17 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.13 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 926.05 Mn |
| Jun 30, 2023 | 858.30 Mn |
| Mar 31, 2023 | 800.97 Mn |
| Dec 31, 2022 | 747.03 Mn |
| Sep 30, 2022 | 683.23 Mn |
| Jun 30, 2022 | 686.58 Mn |
| Mar 31, 2022 | 689.79 Mn |
| Dec 31, 2021 | 626.38 Mn |
| Sep 30, 2021 | 574.11 Mn |
| Jun 30, 2021 | 530.56 Mn |