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Texas Pacific Land (TPL) Operating Expenses (2020 - 2025)

Texas Pacific Land (TPL) has disclosed Operating Expenses for 6 consecutive years, with $62.3 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 44.16% to $62.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $206.0 million through Dec 2025, up 23.6% year-over-year, with the annual reading at $206.0 million for FY2025, 23.6% up from the prior year.
  • Operating Expenses for Q4 2025 was $62.3 million at Texas Pacific Land, up from $54.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $62.3 million in Q4 2025, with the low at $20.5 million in Q3 2021.
  • Average Operating Expenses over 5 years is $35.6 million, with a median of $35.4 million recorded in 2023.
  • The sharpest move saw Operating Expenses dropped 15.04% in 2021, then soared 79.87% in 2023.
  • Over 5 years, Operating Expenses stood at $21.3 million in 2021, then surged by 33.58% to $28.5 million in 2022, then increased by 15.17% to $32.8 million in 2023, then surged by 31.85% to $43.2 million in 2024, then surged by 44.16% to $62.3 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $62.3 million, $54.0 million, and $43.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.