Texas Pacific Land (TPL) Tax Provisions (2020 - 2026)
Texas Pacific Land's (TPL) quarterly Tax Provisions came in at $40.7 million in Q1 2026, up 20.51% year-on-year from $33.7 million in Q1 2025, and up 85.98% on a QoQ basis 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.
- On a quarterly basis, Tax Provisions rose 20.51% year-over-year to $40.7 million in Q1 2026; TTM through Mar 2026 was $96.5 million, a 6.51% increase from a year earlier, with the FY2025 full-year figure at $122.4 million, up 1.78% from the prior year.
- Tax Provisions for Q1 2026 stood at $40.7 million, up from $21.9 million in the prior quarter.
- Over the last five years, Tax Provisions for TPL reached as high as $40.7 million in Q1 2026 and fell as low as -$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.
- Year by year, Tax Provisions stood at $28.4 million in 2022, then advanced by 12.67% to $32.0 million in 2023, then declined by 12.52% to $28.0 million in 2024, then retreated by 21.95% to $21.9 million in 2025, then soared by 85.98% to $40.7 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $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 | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 575.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 32.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.10 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 84.93 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 40.66 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -188.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 330.00 Mn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 83.00 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 | 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 |
| Jun 30, 2021 | 14.63 Mn |