Texas Pacific Land (TPL) Operating Leases (2019 - 2026)

Texas Pacific Land (TPL) reported Operating Leases of $18.0 million for Q1 2026, up 1.12% quarter-over-quarter from $17.8 million in Q4 2025.

Texas Pacific Land (TPL) Operating Leases (2019 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has 8 years of Operating Leases data on file, last reported at $18.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $18.0 million, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was $18.0 million (changed N/A YoY), and the FY2025 annual result was $17.8 million, up 1269.23% from the prior year.
  • Operating Leases grew to $18.0 million in Q1 2026 per TPL's latest filing, from $17.8 million in the prior quarter.
  • Over five years, Operating Leases peaked at $18.0 million in Q1 2026 and troughed at $1.2 million in Q4 2023.
  • A 5-year average of $8.5 million and a median of $2.0 million in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases plunged 40.15% in 2023, then jumped 1269.23% in 2025.
  • A 5-year view of Operating Leases shows it stood at $2.0 million in 2022, then sank by 40.15% to $1.2 million in 2023, then increased by 11.11% to $1.3 million in 2024, then jumped by 1269.23% to $17.8 million in 2025, then rose by 1.12% to $18.0 million in 2026.
  • Business Quant data shows TPL's Operating Leases at $18.0 million in Q1 2026, $17.8 million in Q4 2025, and $17.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 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
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 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
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 Texas Pacific Land 26.33 Bn 26.08 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 18.00 Mn
Dec 31, 2025 17.80 Mn
Sep 30, 2025 17.67 Mn
Dec 31, 2024 1.30 Mn
Sep 30, 2024 1.30 Mn
Dec 31, 2023 1.17 Mn
Dec 31, 2022 1.96 Mn
Dec 31, 2021 1.45 Mn
Sep 30, 2021 2.29 Mn
Jun 30, 2021 2.47 Mn
Mar 31, 2021 2.65 Mn
Dec 31, 2020 2.80 Mn
Dec 31, 2019 3.40 Mn