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