Non-Current Assets

Royalty interests acquired, net

Texas Pacific Land Royalty interests acquired, net decreased by 1.0% to $831.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 94.0%, from $428.66M to $831.45M. Over 5 years (FY 2020 to FY 2025), Royalty interests acquired, net shows an upward trend with a 79.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase indicates strategic investment in mineral rights, while a decrease reflects depletion or impairment of existing assets.

Detailed definition

Represents the capitalized cost of acquiring royalty interests in oil and gas properties, net of any accumulated depleti...

Peer comparison

A core asset for royalty-focused energy companies, reflecting the scale and quality of their mineral portfolio.

Metric ID: non_current_assets_total_royalty_interests

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$45.28M$45.15M$44.39M$45.80M$45.58M$45.33M$45.03M$44.72M$45.92M$47.21M$46.61M$46.15M$45.58M$164.03M$432.40M$428.66M$416.05M$405.92M$840.02M$831.45M
QoQ Change-0.3%-1.7%+3.2%-0.5%-0.6%-0.7%-0.7%+2.7%+2.8%-1.3%-1.0%-1.2%+259.8%+163.6%-0.9%-2.9%-2.4%+106.9%-1.0%
YoY Change+0.7%+0.4%+1.4%-2.3%+0.7%+4.2%+3.5%+3.2%-0.7%+247.4%+827.7%+828.8%+812.7%+147.5%+94.3%+94.0%
Range$44.39M$840.02M
CAGR+84.5%
Avg YoY Growth+191.5%
Median YoY Growth+3.8%

Frequently Asked Questions

What is Texas Pacific Land's royalty interests acquired, net?
Texas Pacific Land (TPL) reported royalty interests acquired, net of $831.45M in Q1 2026.
How has Texas Pacific Land's royalty interests acquired, net changed year-over-year?
Texas Pacific Land's royalty interests acquired, net increased by 94.0% year-over-year, from $428.66M to $831.45M.
What is the long-term trend for Texas Pacific Land's royalty interests acquired, net?
Over 5 years (2020 to 2025), Texas Pacific Land's royalty interests acquired, net has grown at a 79.1% compound annual growth rate (CAGR), from $45.65M to $840.02M.
What does royalty interests acquired, net mean?
The net value of acquired oil and gas royalty rights.