Texas Pacific Land (TPL) Tax Provisions (2020 - 2026)
Texas Pacific Land (TPL) posted quarterly 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 reported Tax Provisions for 7 consecutive years, with $40.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 20.51% year-over-year to $40.7 million; the TTM figure through Mar 2026 stood at $96.5 million (up 6.51% YoY), while the FY2025 annual figure was $122.4 million, up 1.78% from the prior year.
- Tax Provisions advanced to $40.7 million in Q1 2026 per TPL's latest filing, from $21.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $40.7 million in Q1 2026 and bottomed at -$8000.0 in Q2 2023.
- Historically, Tax Provisions has averaged $19.7 million across 5 years, with a median of $28.0 million in 2024.
- On a YoY basis, Tax Provisions climbed as much as 1188550.0% in 2023 and fell as far as 500.0% in 2023.
- Texas Pacific Land's Tax Provisions stood at $28.4 million in 2022, then rose by 12.67% to $32.0 million in 2023, then slipped by 12.52% to $28.0 million in 2024, then declined by 21.95% to $21.9 million in 2025, then jumped 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 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 473.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.77 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 150.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.77 Mn |
| Mar 31, 2026 | 40.66 Mn |
| Dec 31, 2025 | 21.86 Mn |
| Sep 30, 2025 | 33.94 Mn |
| Jun 30, 2025 | 10,000.00 |
| Mar 31, 2025 | 33.74 Mn |
| Dec 31, 2024 | 28.01 Mn |
| Sep 30, 2024 | 28.82 Mn |
| Jun 30, 2024 | 5,000.00 |
| Mar 31, 2024 | 6,000.00 |
| Dec 31, 2023 | 32.02 Mn |
| Sep 30, 2023 | 29.36 Mn |
| Jun 30, 2023 | -8,000.00 |
| Mar 31, 2023 | 23.77 Mn |
| Dec 31, 2022 | 28.42 Mn |
| Sep 30, 2022 | 34.14 Mn |
| Jun 30, 2022 | 2,000.00 |
| Mar 31, 2022 | 2,000.00 |
| Dec 31, 2021 | 19.40 Mn |
| Sep 30, 2021 | 19.92 Mn |