Texas Pacific Land (TPL) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Texas Pacific Land Revenue Highlights

Latest Revenue (Y)

$705.82M

Latest Revenue (Q)

$173.56M

Main Segment (Y)

Oil And Gas Royalties

Texas Pacific Land Revenue by Period

Texas Pacific Land Revenue by Year

Date	Revenue	Change
2024-12-31	$705.82M	11.75%
2023-12-31	$631.60M	-5.37%
2022-12-31	$667.42M	48.00%
2021-12-31	$450.96M	49.05%
2020-12-31	$302.55M	-38.32%
2019-12-31	$490.50M	63.38%
2018-12-31	$300.22M	126.87%
2017-12-31	$132.33M	120.87%
2016-12-31	$59.91M	-24.56%
2015-12-31	$79.41M	43.86%
2014-12-31	$55.20M	25.15%
2013-12-31	$44.11M	35.36%
2012-12-31	$32.59M	-2.49%
2011-12-31	$33.42M	66.55%
2010-12-31	$20.07M	53.35%
2009-12-31	$13.08M	-32.19%
2008-12-31	$19.30M	24.77%
2007-12-31	$15.47M	-31.15%
2006-12-31	$22.46M	45.78%
2005-12-31	$15.41M	-47.13%
2004-12-31	$29.14M	192.77%
2003-12-31	$9.95M	9.11%
2002-12-31	$9.12M	-32.07%
2001-12-31	$13.43M	72.19%
2000-12-31	$7.80M	31.65%
1999-12-31	$5.92M	-43.47%
1998-12-31	$10.48M	-19.85%
1997-12-31	$13.08M	52.37%
1996-12-31	$8.58M	33.24%
1995-12-31	$6.44M	-29.23%
1994-12-31	$9.10M	71.70%
1993-12-31	$5.30M	-

Texas Pacific Land generated $705.82M in revenue during NA 2024, up 11.75% compared to the previous quarter, and up 143.90% compared to the same period a year ago.

Texas Pacific Land Revenue by Quarter

Date	Revenue	Change
2024-09-30	$173.56M	0.71%
2024-06-30	$172.33M	-1.04%
2024-03-31	$174.14M	4.49%
2023-12-31	$166.66M	5.50%
2023-09-30	$157.97M	-1.64%
2023-06-30	$160.61M	9.73%
2023-03-31	$146.36M	-4.15%
2022-12-31	$152.71M	-20.10%
2022-09-30	$191.11M	8.42%
2022-06-30	$176.27M	19.64%
2022-03-31	$147.34M	0.11%
2021-12-31	$147.18M	18.99%
2021-09-30	$123.69M	28.94%
2021-06-30	$95.93M	13.99%
2021-03-31	$84.16M	13.26%
2020-12-31	$74.30M	-0.11%
2020-09-30	$74.38M	36.31%
2020-06-30	$54.57M	-43.51%
2020-03-31	$96.59M	-14.77%
2019-12-31	$113.33M	15.02%
2019-09-30	$98.53M	12.85%
2019-06-30	$87.31M	-54.37%
2019-03-31	$191.32M	105.28%
2018-12-31	$93.20M	27.38%
2018-09-30	$73.17M	-0.92%
2018-06-30	$73.84M	23.06%
2018-03-31	$60.01M	56.78%
2017-12-31	$38.28M	-9.89%
2017-09-30	$42.48M	55.32%
2017-06-30	$27.35M	12.88%
2017-03-31	$24.23M	37.95%
2016-12-31	$17.56M	23.11%
2016-09-30	$14.27M	-11.89%
2016-06-30	$16.19M	36.14%
2016-03-31	$11.89M	-19.18%
2015-12-31	$14.71M	-19.06%
2015-09-30	$18.18M	54.22%
2015-06-30	$11.79M	-66.06%
2015-03-31	$34.73M	161.32%
2014-12-31	$13.29M	-9.91%
2014-09-30	$14.75M	-5.31%
2014-06-30	$15.58M	34.56%
2014-03-31	$11.58M	-7.38%
2013-12-31	$12.50M	-16.29%
2013-09-30	$14.93M	50.08%
2013-06-30	$9.95M	47.99%
2013-03-31	$6.72M	-13.97%
2012-12-31	$7.82M	13.98%
2012-09-30	$6.86M	-19.52%
2012-06-30	$8.52M	-9.28%
2012-03-31	$9.39M	-14.95%
2011-12-31	$11.04M	32.34%
2011-09-30	$8.34M	-2.59%
2011-06-30	$8.57M	49.87%
2011-03-31	$5.72M	4.68%
2010-12-31	$5.46M	40.52%
2010-09-30	$3.89M	-39.98%
2010-06-30	$6.47M	52.51%
2010-03-31	$4.25M	16.79%
2009-12-31	$3.63M	8.23%
2009-09-30	$3.36M	-20.85%
2009-06-30	$4.24M	129.47%
2009-03-31	$1.85M	-38.27%
2008-12-31	$3.00M	-50.02%
2008-09-30	$5.99M	11.96%
2008-06-30	$5.35M	8.03%
2008-03-31	$4.95M	20.34%
2007-12-31	$4.12M	-

Texas Pacific Land generated $173.56M in revenue during Q3 2024, up 0.71% compared to the previous quarter, and up 108.07% compared to the same period a year ago.

Texas Pacific Land Revenue Breakdown

Texas Pacific Land Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Easement and Sundry	$73.26M	$70.93M	$48.06M	$37.62M	$92.04M
Land Sales	$4.39M	-	-	-	-
Water Sales And Royalties	$150.72M	$112.20M	$84.72M	$67.77M	$54.86M
Oil And Gas Royalties	$373.33M	$357.39M	$452.43M	$286.47M	$137.95M
Produced Water Royalties	$104.12M	$84.26M	$72.23M	$58.08M	-
Land Sales and Other Revenue	-	$6.81M	$9.97M	$1.03M	-
Oil And Gas Royalty Interests	-	-	-	-	-
Other Revenues	-	-	-	-	$323.00K

Texas Pacific Land's latest annual revenue breakdown by segment (product or service), as of Dec 24: Oil And Gas Royalties (52.89%), Water Sales And Royalties (21.35%), Produced Water Royalties (14.75%), Easement and Sundry (10.38%), and Land Sales (0.62%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Oil And Gas Royalties	$186.77M	$94.44M	$92.12M	$179.18M	$87.10M	$82.41M	$8.70M	$96.70M	$130.30M	$121.27M	$104.17M	$99.63M	$79.10M	$58.20M	$49.53M
Easement and Sundry	$38.33M	$14.28M	$20.65M	$19.07M	$18.19M	$18.71M	$14.97M	$10.75M	$14.13M	$13.99M	$9.19M	$9.76M	$9.83M	$8.98M	$9.05M
Produced Water Royalties	$53.39M	$27.73M	$23.01M	$22.44M	$20.85M	$20.84M	$20.13M	$19.57M	$19.13M	$18.67M	$14.87M	$14.93M	$15.14M	$15.46M	$12.55M
Water Sales And Royalties	$77.39M	$36.21M	$37.13M	$26.40M	$26.42M	$37.65M	$21.73M	$19.21M	$24.43M	$22.27M	$18.82M	$22.78M	$19.55M	$12.47M	$12.96M
Land Sales	$2.24M	$901.00K	$1.24M	-	$746.00K	-	-	-	-	-	-	-	-	-	-
Land Sales and Other Revenue	-	-	-	-	$5.41M	$1.00M	$400.00K	$6.49M	$3.13M	$71.00K	$281.00K	-	-	-	-
Other Revenues	-	-	-	-	-	-	-	-	-	-	-	-	$69.00K	$74.00K	$70.00K

Texas Pacific Land's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Oil And Gas Royalties (52.15%), Water Sales And Royalties (21.61%), Produced Water Royalties (14.91%), Easement and Sundry (10.70%), and Land Sales (0.63%).

Texas Pacific Land Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
KRP	Kimbell Royalty Partners, LP	$309.31B	$83.78M
COP	ConocoPhillips	$56.95B	$13.60B
HES	Hess	$13.02B	$3.28B
FANG	Diamondback Energy	$11.07B	$2.65B
APA	APA	$9.74B	$2.53B
EQT	EQT	$5.57B	$1.74B
CHRD	Chord Energy	$5.25B	$1.45B
CIVI	Civitas Resources	$5.21B	$1.27B
AR	Antero Resources	$4.33B	$1.06B
MTDR	Matador Resources	$3.50B	$1.01B
CRC	California Resources	$3.20B	$1.35B
RRC	Range Resources	$2.42B	$690.55M
VTLE	Vital Energy	$1.95B	$459.23M
MGY	Magnolia Oil & Gas	$1.32B	$333.13M
CRK	Comstock Resources	$1.25B	$253.63M
TPL	Texas Pacific Land	$705.82M	$173.56M
BSM	Black Stone Minerals	$433.70M	$103.18M
DMLP	Dorchester Minerals	$161.52M	$53.47M

TPL Revenue FAQ

What is Texas Pacific Land’s yearly revenue?

Texas Pacific Land's yearly revenue for 2024 was $705.82M, representing an increase of 11.75% compared to 2023. The company's yearly revenue for 2023 was $631.6M, representing a decrease of -5.37% compared to 2022. TPL's yearly revenue for 2022 was $667.42M, representing an increase of 48.00% compared to 2021.

What is Texas Pacific Land’s quarterly revenue?

Texas Pacific Land's quarterly revenue for Q3 2024 was $173.56M, a 0.71% increase from the previous quarter (Q2 2024), and a 9.87% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $172.33M, a -1.04% decrease from the previous quarter (Q1 2024), and a 7.30% increase year-over-year (Q2 2023). TPL's quarterly revenue for Q1 2024 was $174.14M, a 4.49% increase from the previous quarter (Q4 2023), and a 18.98% increase year-over-year (Q1 2023).

What is Texas Pacific Land’s revenue growth rate?

Texas Pacific Land's revenue growth rate for the last 3 years (2022-2024) was 5.75%, and for the last 5 years (2020-2024) was 133.29%.

What are Texas Pacific Land’s revenue streams?

Texas Pacific Land's revenue streams in c 24 are Easement and Sundry, Land Sales, Water Sales And Royalties, Oil And Gas Royalties, and Produced Water Royalties. Easement and Sundry generated $73.26M in revenue, accounting 10.38% of the company's total revenue, up 3.28% year-over-year. Land Sales generated $4.39M in revenue, accounting 0.62% of the company's total revenue Water Sales And Royalties generated $150.72M in revenue, accounting 21.35% of the company's total revenue, up 34.33% year-over-year. Oil And Gas Royalties generated $373.33M in revenue, accounting 52.89% of the company's total revenue, up 4.46% year-over-year. Produced Water Royalties generated $104.12M in revenue, accounting 14.75% of the company's total revenue, up 23.57% year-over-year.

What is Texas Pacific Land’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Texas Pacific Land was Oil And Gas Royalties. This segment made a revenue of $373.33M, representing 52.89% of the company's total revenue.