Texas Pacific Land TPL LRM — General and administrative expenses

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Questions, answered.

What is Texas Pacific Land's LRM — general and administrative expenses?

Texas Pacific Land (TPL) reported LRM — general and administrative expenses of $5.5M in Q1 2026.

How has Texas Pacific Land's LRM — general and administrative expenses changed year-over-year?

Texas Pacific Land's LRM — general and administrative expenses increased by 65.9% year-over-year, from $3.31M to $5.5M.

What is the long-term trend for Texas Pacific Land's LRM — general and administrative expenses?

Over 3 years (2022 to 2025), Texas Pacific Land's LRM — general and administrative expenses has grown at a -1.4% compound annual growth rate (CAGR), from $14.98M to $14.36M.

What does LRM — general and administrative expenses mean?

Encompasses the overhead costs, including office expenses, professional fees, and administrative support, allocated to the Land and Resource Management segment. This metric measures the indirect costs required to maintain the segment's operational infrastructure. It is a critical component for evaluating the segment's overall cost discipline.