Texas Pacific Land LRM — General and administrative expenses increased by 38.6% to $5.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 65.9%, from $3.31M to $5.50M. Over 3 years (FY 2022 to FY 2025), LRM — General and administrative expenses shows relatively stable performance with a -1.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising trend relative to revenue may indicate administrative bloat or increased regulatory/legal costs, while a declining trend suggests improved operational leverage.
Encompasses the overhead costs, including office expenses, professional fees, and administrative support, allocated to t...
Standard G&A metric used across all industries to assess corporate overhead efficiency.
tpl_segment_lrm_general_and_administrative_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.74M | $3.74M | $3.74M | $3.74M | $9.77M | $9.77M | $9.77M | $9.77M | $6.67M | $3.99M | $10.36M | $4.51M | $3.31M | $3.65M | $3.43M | $3.97M | $5.50M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +160.9% | +0.0% | +0.0% | +0.0% | -31.7% | -40.2% | +159.7% | -56.5% | -26.5% | +10.1% | -5.9% | +15.6% | +38.6% |
| YoY Change | — | — | — | — | +160.9% | +160.9% | +160.9% | +160.9% | -31.7% | -59.2% | +6.0% | -53.8% | -50.4% | -8.5% | -66.9% | -12.0% | +65.9% |