Texas Pacific Land (TPL) Tax Provisions (2020 - 2026)

Texas Pacific Land (TPL) reported Tax Provisions of $40.7 million for Q1 2026, up 20.51% year-over-year from $33.7 million in Q1 2025, and up 85.98% quarter-over-quarter from $21.9 million in Q4 2025.

Texas Pacific Land (TPL) Tax Provisions (2020 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has 7 years of Tax Provisions data on file, last reported at $40.7 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $40.7 million, up 20.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $129.3 million (up 5.62% YoY), and the FY2025 annual result was $122.4 million, up 1.78% from the prior year.
  • Tax Provisions improved to $40.7 million in Q1 2026 per TPL's latest filing, from $21.9 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $40.7 million in Q1 2026 and troughed at $21.9 million in Q4 2025.
  • A 5-year average of $30.4 million and a median of $30.6 million in 2023 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 128.6% in 2022, then dropped 21.95% in 2025.
  • A 5-year view of Tax Provisions shows it stood at $28.4 million in 2022, then gained by 7.74% to $30.6 million in 2023, then declined by 8.52% to $28.0 million in 2024, then dropped by 21.95% to $21.9 million in 2025, then soared by 85.98% to $40.7 million in 2026.
  • Business Quant data shows TPL's Tax Provisions at $40.7 million in Q1 2026, $21.9 million in Q4 2025, and $33.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 404.71 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 1.18 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 575.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 154.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 32.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -35.82 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 433.35 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -73.74 Mn
10 Texas Pacific Land 26.33 Bn 26.08 Bn - 40.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 40.66 Mn
Dec 31, 2025 21.86 Mn
Sep 30, 2025 33.94 Mn
Jun 30, 2025 32.85 Mn
Mar 31, 2025 33.74 Mn
Dec 31, 2024 28.01 Mn
Sep 30, 2024 28.82 Mn
Jun 30, 2024 31.85 Mn
Mar 31, 2024 31.57 Mn
Dec 31, 2023 30.62 Mn
Sep 30, 2023 29.36 Mn
Jun 30, 2023 26.76 Mn
Mar 31, 2023 23.77 Mn
Dec 31, 2022 28.42 Mn
Sep 30, 2022 34.14 Mn
Jun 30, 2022 33.44 Mn
Mar 31, 2022 26.49 Mn
Dec 31, 2021 19.40 Mn
Sep 30, 2021 19.92 Mn
Jun 30, 2021 14.63 Mn