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| Date | Value |
|---|---|
| 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 |