Texas Pacific Land (TPL) Operating Leases (2019 - 2026)
Texas Pacific Land (TPL) posted quarterly Operating Leases of $15.8 million for Q1 2026, down 2.05% quarter-over-quarter from $16.2 million in Q4 2025.
Texas Pacific Land (TPL) Operating Leases (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Operating Leases for 8 consecutive years, with $15.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases changed N/A year-over-year to $15.8 million; the TTM figure through Mar 2026 stood at $15.8 million (changed N/A YoY), while the FY2025 annual figure was $16.2 million, up 3470.64% from the prior year.
- Operating Leases slipped to $15.8 million in Q1 2026 per TPL's latest filing, from $16.2 million in the prior quarter.
- Across five years, Operating Leases topped out at $16.5 million in Q3 2025 and bottomed at $453000.0 in Q4 2024.
- Historically, Operating Leases has averaged $7.6 million across 5 years, with a median of $2.0 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Leases sank 61.28% — and 2025, when it jumped 3470.64%.
- Texas Pacific Land's Operating Leases stood at $2.0 million in 2022, then slumped by 40.15% to $1.2 million in 2023, then tumbled by 61.28% to $453000.0 in 2024, then surged by 3470.64% to $16.2 million in 2025, then fell by 2.05% to $15.8 million in 2026.
- Business Quant data shows TPL's Operating Leases at $15.8 million in Q1 2026, $16.2 million in Q4 2025, and $16.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.02 Mn |
| Mar 31, 2026 | 15.84 Mn |
| Dec 31, 2025 | 16.18 Mn |
| Sep 30, 2025 | 16.51 Mn |
| Dec 31, 2024 | 453,000.00 |
| 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 |