Texas Pacific Land TPL Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other income, net by Business | ||||||
| LRM | $13.09M-12.3% | $14.93M-20.3% | $18.72M-8.0% | $20.34M-25.2% | $27.19M-14.2% | |
| WSO | $3.67M-6.6% | $3.93M-26.7% | $5.37M-6.6% | $5.75M-16.3% | $6.87M-13.9% | |
| Inter-segment revenues by Product | ||||||
| Easements and other surface-related income | $90.87M-1.0% | $91.78M-1.2% | $92.92M+2.7% | $90.49M+27.7% | $70.84M-3.3% | |
| Oil and gas royalties | $418.6M+1.7% | $411.68M-0.1% | $411.91M+3.6% | $397.65M+1.3% | $392.46M+5.1% | |
| Produced water royalties | $130.05M+4.7% | $124.22M+4.6% | $118.79M+4.0% | $114.25M+5.0% | $108.82M+4.5% | |
| Water sales | $177.75M+4.7% | $169.7M+16.5% | $145.71M+6.1% | $137.34M-9.9% | $152.41M+1.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Texas Pacific Land break its business down?
- Texas Pacific Land (TPL) reports other income, net by business across 2 parts — LRM and WSO. Each is extracted from the segment footnotes and tracked over time.
- Where does Texas Pacific Land's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Texas Pacific Land's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
