Texas Pacific Land TPL LRM — Total Operating Expenses

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Questions, answered.

What is Texas Pacific Land's LRM — total operating expenses?

Texas Pacific Land (TPL) reported LRM — total operating expenses of $24.78M in Q1 2026.

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

Texas Pacific Land's LRM — total operating expenses increased by 20.3% year-over-year, from $20.6M to $24.78M.

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

Over 3 years (2022 to 2025), Texas Pacific Land's LRM — total operating expenses has grown at a 26.0% compound annual growth rate (CAGR), from $48.11M to $96.32M.

What does LRM — total operating expenses mean?

The sum of all direct and indirect costs incurred to operate the Land and Resource Management segment, including labor, overhead, taxes, and asset depreciation. This metric provides a comprehensive view of the segment's cost structure. It is the primary benchmark for assessing the segment's operational efficiency.