Texas Pacific Land TPL LRM — Operating Income

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Questions, answered.

What is Texas Pacific Land's LRM — operating income?

Texas Pacific Land (TPL) reported LRM — operating income of $128.78M in Q1 2026.

How has Texas Pacific Land's LRM — operating income changed year-over-year?

Texas Pacific Land's LRM — operating income increased by 21.5% year-over-year, from $105.99M to $128.78M.

What is the long-term trend for Texas Pacific Land's LRM — operating income?

Over 3 years (2022 to 2025), Texas Pacific Land's LRM — operating income has grown at a -4.9% compound annual growth rate (CAGR), from $458.86M to $394.41M.

What does LRM — operating income mean?

Calculated as total segment revenue minus total operating expenses, representing the core profitability of the Land and Resource Management segment. This metric excludes interest, taxes, and non-operating items to isolate the performance of the land and resource business. It is the primary measure of the segment's ability to generate profit from its core operations.