Texas Pacific Land (TPL) Intangibles (2023 - 2026)
Texas Pacific Land (TPL) posted quarterly Intangibles of $32.3 million for Q1 2026, down 6.77% year-over-year from $34.6 million in Q1 2025, and down 1.78% quarter-over-quarter from $32.8 million in Q4 2025.
Texas Pacific Land (TPL) Intangibles (2023 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Intangibles for 4 consecutive years, with $32.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Intangibles fell 6.77% year-over-year to $32.3 million; the TTM figure through Mar 2026 stood at $32.3 million (down 6.77% YoY), while the FY2025 annual figure was $32.8 million, down 6.66% from the prior year.
- Intangibles retreated to $32.3 million in Q1 2026 per TPL's latest filing, from $32.8 million in the prior quarter.
- Across five years, Intangibles topped out at $35.8 million in Q3 2024 and bottomed at $20.5 million in Q2 2024.
- Historically, Intangibles has averaged $29.2 million across 4 years, with a median of $32.8 million in 2025.
- Annual changes were most pronounced in 2024 — Intangibles jumped 67.89% — and 2026, when it fell 6.77%.
- Texas Pacific Land's Intangibles stood at $21.0 million in 2023, then surged by 67.36% to $35.2 million in 2024, then retreated by 6.66% to $32.8 million in 2025, then fell by 1.78% to $32.3 million in 2026.
- Business Quant data shows TPL's Intangibles at $32.3 million in Q1 2026, $32.8 million in Q4 2025, and $33.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | - |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 193.10 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 31.68 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.68 Mn |
| Mar 31, 2026 | 32.26 Mn |
| Dec 31, 2025 | 32.85 Mn |
| Sep 30, 2025 | 33.43 Mn |
| Jun 30, 2025 | 34.02 Mn |
| Mar 31, 2025 | 34.60 Mn |
| Dec 31, 2024 | 35.19 Mn |
| Sep 30, 2024 | 35.77 Mn |
| Jun 30, 2024 | 20.46 Mn |
| Mar 31, 2024 | 20.74 Mn |
| Dec 31, 2023 | 21.03 Mn |
| Sep 30, 2023 | 21.31 Mn |