Earnings Per Share

Shares (Basic)

Texas Pacific Land Shares (Basic) increased by 200.0% to 69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.0%, from 68.9M to 69M. Over 2 years (FY 2022 to FY 2024), Shares (Basic) shows an upward trend with a 72.5% CAGR.

Analysis

StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Changes reflect share buybacks (decrease) or equity issuance (increase), which impact the per-share earnings calculation.

Detailed definition

The average number of common shares outstanding during the reporting period, calculated by weighting the number of share...

Peer comparison

Standard metric for all public companies; reflects capital structure and share repurchase activity.

Metric ID: weighted_shares_basic

Historical Data

18 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value7.8M7.8M7.7M7.7M7.7M023.1M23.1M23M023M23M23M068.9M23M23M69M
QoQ Change-0.1%-0.1%-0.1%-0.2%-100.0%-0.1%-0.1%-100.0%-0.1%-0.0%-100.0%-66.7%-0.0%+200.0%
YoY Change-0.3%-0.5%+198.1%+198.1%+198.5%-0.3%-0.3%-0.2%+199.7%-0.0%+0.0%+0.0%
Range069M
CAGR+67.2%
Avg YoY Growth+66.1%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Texas Pacific Land's shares (basic)?
Texas Pacific Land (TPL) reported shares (basic) of 69M in Q1 2026.
How has Texas Pacific Land's shares (basic) changed year-over-year?
Texas Pacific Land's shares (basic) increased by 0.0% year-over-year, from 68.9M to 69M.
What is the long-term trend for Texas Pacific Land's shares (basic)?
Over 2 years (2022 to 2024), Texas Pacific Land's shares (basic) has grown at a 72.5% compound annual growth rate (CAGR), from 23.2M to 69M.
What does shares (basic) mean?
The average number of shares held by investors during the period.