Texas Pacific Land Corp financial data

Symbol
TPL on NYSE
Industry
Oil Royalty Traders
Location
1700 Pacific Avenue, Suite 2900, Dallas, TX
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.76K % +24.4%
Debt-to-equity 10.9 % -22.4%
Return On Equity 41.3 % -20.4%
Return On Assets 37.2 % -18.2%
Operating Margin 79 % +0.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 23M shares +199%
Common Stock, Shares, Outstanding 23M shares +199%
Entity Public Float 7.5B USD -11.8%
Common Stock, Value, Issued 231K USD +196%
Weighted Average Number of Shares Outstanding, Basic 23M shares -0.3%
Weighted Average Number of Shares Outstanding, Diluted 23M shares -0.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 671M USD +3.12%
General and Administrative Expense 16.6M USD +23.1%
Costs and Expenses 141M USD +1.25%
Operating Income (Loss) 530M USD +3.63%
Nonoperating Income (Expense) 42.4M USD +134%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 572M USD +8.1%
Income Tax Expense (Benefit) 125M USD +10.4%
Net Income (Loss) Attributable to Parent 448M USD +7.48%
Earnings Per Share, Basic 54.7 USD/shares +44.3%
Earnings Per Share, Diluted 54.6 USD/shares +44.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 895M USD +46.9%
Assets, Current 1.02B USD +38%
Property, Plant and Equipment, Net 95.5M USD +13.3%
Operating Lease, Right-of-Use Asset 1.86M USD -26.3%
Intangible Assets, Net (Excluding Goodwill) 20.5M USD
Assets 1.32B USD +31.4%
Contract with Customer, Liability, Current 6.06M USD -2.6%
Liabilities, Current 44.3M USD -1.37%
Contract with Customer, Liability, Noncurrent 21.1M USD -20.8%
Deferred Income Tax Liabilities, Net 43.1M USD +6.53%
Operating Lease, Liability, Noncurrent 1.17M USD -40.2%
Liabilities 109M USD -3.87%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.79M USD -27.4%
Retained Earnings (Accumulated Deficit) 1.35B USD +34.3%
Stockholders' Equity Attributable to Parent 1.21B USD +35.9%
Liabilities and Equity 1.32B USD +31.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 147M USD +28.3%
Net Cash Provided by (Used in) Financing Activities -38.5M USD -17.1%
Net Cash Provided by (Used in) Investing Activities -2.24M USD -28.3%
Common Stock, Shares Authorized 46.5M shares +500%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 107M USD +32.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 895M USD +46.3%
Deferred Tax Assets, Gross 9.57M USD +38.3%
Operating Lease, Liability 2.02M USD -27.4%
Depreciation 12.3M USD -3.15%
Payments to Acquire Property, Plant, and Equipment 17.2M USD +0.75%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 447M USD +6.44%
Lessee, Operating Lease, Liability, to be Paid 2.18M USD -27.6%
Property, Plant and Equipment, Gross 159M USD +13%
Lessee, Operating Lease, Liability, to be Paid, Year Two 826K USD -3.28%
Lessee, Operating Lease, Liability, to be Paid, Year One 854K USD +2.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 159K USD -30.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 316K USD -61.7%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 187K USD -40.8%
Additional Paid in Capital 15.9M USD +49.9%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 1.1M USD
Depreciation, Depletion and Amortization 15.4M USD +7.14%
Share-based Payment Arrangement, Expense 11.1M USD +7.93%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%