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Texas Pacific Land TPL Royalty interests acquired, net

Royalty interests acquired, net at other companies

Royal Gold logo
Royal GoldRGLD
$4.06B
Paramount Gold Nevada logo
Paramount Gold NevadaPZG
$49.19M-0.1%
Alliance Resource Partners logo
Alliance Resource PartnersARLP
$902.54M+8.1%
Enovis logo
EnovisENOV
$0-100%
Ligand Pharmaceuticals logo
Ligand PharmaceuticalsLGND
$0
Omeros logo
OmerosOMER
-$7.34M-9.9%

Other financials

Income statement

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Revenue$236.8M+20.8%
Operating income$182.3M+21.5%
Net income$142.9M+18.4%
EPS (diluted)$2.07+18.3%

Balance sheet

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Cash & equivalents$248.2M-46.5%
Total debt$18.0M
Total equity$1.6B+29.0%
Total assets$1.8B+29.4%

Cash flow

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Operating cash flow$162.0M+3.4%
CapEx$426.0K
Free cash flow$90.2M

Valuation

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Market cap$30.19B+13.6%
Enterprise value$29.96B
P/E59.9×+2.4×
P/S36×+0.2×

Profitability

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Operating margin74.4%-1.6pp
Net margin60%-3.2pp
FCF margin58.6%

Returns & leverage

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Return on equity36.5%-3.1pp
Debt / equity
Current ratio4.2×-3.6×

Where this comes from

Reported directly by Texas Pacific Land in its filing.

Tagged under the XBRL concept tpl:TotalRoyaltyInterests.

The official record: Texas Pacific Land’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?
Represents the capitalized cost of acquiring royalty interests in oil and gas properties, net of any accumulated depletion or impairment. This asset reflects the company's long-term investment in mineral rights that generate recurring revenue streams.