Texas Pacific Land Oil and gas royalties — Inter-segment revenues increased by 22.2% to $118.17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.2%, from $111.25M to $118.17M. Over 4 years (FY 2021 to FY 2025), Oil and gas royalties — Inter-segment revenues shows an upward trend with a 9.5% CAGR.
An increase suggests higher internal integration or increased service provision to other segments, while a decrease indicates a shift toward external-only operations or reduced internal dependency.
This metric represents the revenue generated by the oil and gas royalties segment from transactions with other internal...
Most pure-play royalty companies report zero inter-segment revenue; this is typically only relevant for diversified energy firms with integrated midstream or water operations.
tpl_segment_oil_and_gas_royalties_inter_segment_revenues| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $58.20M | $79.10M | $99.63M | $104.17M | $121.27M | $130.30M | $96.70M | $89.13M | $82.41M | $87.10M | $98.75M | $92.12M | $89.81M | $94.44M | $96.95M | $111.25M | $95.01M | $108.71M | $96.72M | $118.17M |
| QoQ Change | — | +35.9% | +26.0% | +4.6% | +16.4% | +7.4% | -25.8% | -7.8% | -7.5% | +5.7% | +13.4% | -6.7% | -2.5% | +5.2% | +2.7% | +14.7% | -14.6% | +14.4% | -11.0% | +22.2% |
| YoY Change | — | — | — | — | +108.3% | +64.7% | -2.9% | -14.4% | -32.0% | -33.2% | +2.1% | +3.4% | +9.0% | +8.4% | -1.8% | +20.8% | +5.8% | +15.1% | -0.2% | +6.2% |