Texas Pacific Land (TPL) Operating Income (2020 - 2026)
Texas Pacific Land (TPL) reported Operating Income of $182.3 million for Q1 2026, up 21.49% year-over-year from $150.1 million in Q1 2025, and up 22.17% quarter-over-quarter from $149.2 million in Q4 2025.
Texas Pacific Land (TPL) Operating Income (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has 7 years of Operating Income data on file, last reported at $182.3 million in Q1 2026.
- Operating Income for Q1 2026 came in at $182.3 million, up 21.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $624.4 million (up 12.88% YoY), and the FY2025 annual result was $592.2 million, up 9.83% from the prior year.
- Operating Income rose to $182.3 million in Q1 2026 per TPL's latest filing, from $149.2 million in the prior quarter.
- Over five years, Operating Income peaked at $182.3 million in Q1 2026 and troughed at $105.0 million in Q1 2023.
- A 5-year average of $138.9 million and a median of $136.0 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2023: Operating Income soared 112.86% in 2022, then retreated 21.66% in 2023.
- A 5-year view of Operating Income shows it stood at $124.2 million in 2022, then advanced by 7.75% to $133.9 million in 2023, then rose by 6.48% to $142.5 million in 2024, then grew by 4.7% to $149.2 million in 2025, then advanced by 22.17% to $182.3 million in 2026.
- Business Quant data shows TPL's Operating Income at $182.3 million in Q1 2026, $149.2 million in Q4 2025, and $149.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 5.68 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 7.20 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 2.60 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 3.76 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 116.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 215.59 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 2.04 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 266.77 Mn |
| 10 | Texas Pacific Land | 26.33 Bn | 26.08 Bn | - | 182.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 182.33 Mn |
| Dec 31, 2025 | 149.25 Mn |
| Sep 30, 2025 | 149.09 Mn |
| Jun 30, 2025 | 143.75 Mn |
| Mar 31, 2025 | 150.07 Mn |
| Dec 31, 2024 | 142.54 Mn |
| Sep 30, 2024 | 127.33 Mn |
| Jun 30, 2024 | 133.22 Mn |
| Mar 31, 2024 | 136.04 Mn |
| Dec 31, 2023 | 133.86 Mn |
| Sep 30, 2023 | 126.96 Mn |
| Jun 30, 2023 | 120.28 Mn |
| Mar 31, 2023 | 104.95 Mn |
| Dec 31, 2022 | 124.23 Mn |
| Sep 30, 2022 | 162.06 Mn |
| Jun 30, 2022 | 151.71 Mn |
| Mar 31, 2022 | 124.31 Mn |
| Dec 31, 2021 | 125.86 Mn |
| Sep 30, 2021 | 103.24 Mn |
| Jun 30, 2021 | 71.27 Mn |