Texas Pacific Land (TPL) Shares Outstanding (Diluted Average) (2019 - 2026)
Texas Pacific Land (TPL) reported Shares Outstanding (Diluted Average) of $69.0 million for Q1 2026, little changed year-over-year from $69.0 million in Q1 2025, and little changed quarter-over-quarter from $69.0 million in Q4 2025.
Texas Pacific Land (TPL) Shares Outstanding (Diluted Average) (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has 8 years of Shares Outstanding (Diluted Average) data on file, last reported at $69.0 million in Q1 2026.
- Shares Outstanding (Diluted Average) for Q1 2026 came in at $69.0 million, changed 0.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $69.0 million (changed 0.01% YoY), and the FY2025 annual result was $69.0 million, changed 0.05% from the prior year.
- Shares Outstanding (Diluted Average) held at $69.0 million in Q1 2026 per TPL's latest filing, from $69.0 million in the prior quarter.
- Over five years, Shares Outstanding (Diluted Average) peaked at $69.2 million in Q4 2023 and troughed at $7.7 million in Q3 2022.
- A 5-year average of $33.9 million and a median of $23.1 million in 2023 frame the typical range for Shares Outstanding (Diluted Average).
- The sharpest annual moves came in 2024 and 2025: Shares Outstanding (Diluted Average) retreated 0.32% in 2024, then soared 199.81% in 2025.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $23.2 million in 2022, then jumped by 198.44% to $69.2 million in 2023, then slipped by 0.17% to $69.1 million in 2024, then retreated by 0.05% to $69.0 million in 2025, then decreased by 0.03% to $69.0 million in 2026.
- Business Quant data shows TPL's Shares Outstanding (Diluted Average) at $69.0 million in Q1 2026, $69.0 million in Q4 2025, and $23.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (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 | 1.23 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 535.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | - |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 282.79 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 977.00 |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 629.21 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 113.40 Mn |
| 10 | Texas Pacific Land | 26.33 Bn | 26.08 Bn | - | 69.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.01 Mn |
| Dec 31, 2025 | 69.03 Mn |
| Sep 30, 2025 | 23.01 Mn |
| Jun 30, 2025 | 23.01 Mn |
| Mar 31, 2025 | 69.02 Mn |
| Dec 31, 2024 | 69.06 Mn |
| Sep 30, 2024 | 23.02 Mn |
| Jun 30, 2024 | 23.02 Mn |
| Mar 31, 2024 | 23.02 Mn |
| Dec 31, 2023 | 69.18 Mn |
| Sep 30, 2023 | 23.07 Mn |
| Jun 30, 2023 | 23.07 Mn |
| Mar 31, 2023 | 23.10 Mn |
| Dec 31, 2022 | 23.18 Mn |
| Sep 30, 2022 | 7.73 Mn |
| Jun 30, 2022 | 7.74 Mn |
| Mar 31, 2022 | 7.74 Mn |
| Dec 31, 2021 | 7.75 Mn |
| Sep 30, 2021 | 7.75 Mn |
| Jun 30, 2021 | 7.76 Mn |