Discontinued — last reported Q3 '23
Land and resource management — Total capital expenditures
Texas Pacific Land Land and resource management — Total capital expenditures increased by 251.6% to $47K in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 58.8%, from $114K to $47K. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests active investment in infrastructure or land development, while a decrease may indicate reduced capital intensity or the completion of major projects.
Detailed definition
This metric represents the total cash outflows used by the Land and Resource Management segment to acquire, maintain, or...
Peer comparison
Peers in land management and oil/gas royalty sectors typically report capital expenditures as a percentage of segment revenue to normalize for scale and operational intensity.
tpl_segment_land_and_resource_management_total_capital_expendituresHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13K | $4.53M | $147K | $122K | $103K | $114K | $54K | $175K | -$31K | $47K |
| QoQ Change | — | >999% | -96.8% | -17.0% | -15.6% | +10.7% | -52.6% | +224.1% | -117.7% | +251.6% |
| YoY Change | — | — | — | — | +692.3% | -97.5% | -63.3% | +43.4% | -130.1% | -58.8% |
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Frequently Asked Questions
- What is Texas Pacific Land's land and resource management — total capital expenditures?
- Texas Pacific Land (TPL) reported land and resource management — total capital expenditures of $47K in Q3 2023.
- How has Texas Pacific Land's land and resource management — total capital expenditures changed year-over-year?
- Texas Pacific Land's land and resource management — total capital expenditures decreased by 58.8% year-over-year, from $114K to $47K.
- What does land and resource management — total capital expenditures mean?
- The total amount of money spent by the Land and Resource Management segment on long-term physical assets and infrastructure.