What is Texas Pacific Land's operating lease liability - undiscounted excess amount?

Texas Pacific Land (TPL) reported operating lease liability - undiscounted excess amount of $7.17M in Q1 2026.

Discontinued — last reported Q3 '23

Operating Lease Liability - Undiscounted Excess Amount

Texas Pacific Land Operating Lease Liability - Undiscounted Excess Amount decreased by 7.7% to $7.17M in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ2 2019

Last reportedQ3 2023

How to read this metric

Changes reflect shifts in the discount rates used for lease accounting or changes in the duration of the lease portfolio.

Detailed definition

This represents the difference between the total undiscounted future lease payments and the present value of those payme...

Peer comparison

Used by analysts to reconcile lease accounting differences between companies with varying discount rate assumptions.

Metric ID: operating_lease_liability_undiscounted_excess

Historical Data

2 periods

	Q3 '25	Q1 '26
Value	$7.77M	$7.17M
QoQ Change	—	-7.7%

Range$7.17M – $7.77M

Frequently Asked Questions

What is Texas Pacific Land's operating lease liability - undiscounted excess amount?: Texas Pacific Land (TPL) reported operating lease liability - undiscounted excess amount of $7.17M in Q1 2026.
What does operating lease liability - undiscounted excess amount mean?: The difference between the total future lease payments and their current value on the balance sheet.