Discontinued — last reported Q3 '23

Business Segments · Total capital expenditures

Water services and operations — Total capital expenditures

Texas Pacific Land Water services and operations — Total capital expenditures increased by 270.6% to $5.20M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 206.7%, from $1.69M to $5.20M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2023

How to read this metric

An increase suggests expansion or significant infrastructure investment, while a decrease may indicate reduced capital investment or the completion of major projects.

Detailed definition

This metric represents the total cash outflows used by the water services and operations segment to acquire, maintain, o...

Peer comparison

Comparable to capital expenditure metrics in midstream energy or industrial water utility segments, where spending is driven by infrastructure maintenance and capacity expansion needs.

Metric ID: tpl_segment_water_services_and_operations_total_capital_expenditures

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$2.16M$2.06M$4.77M$2.88M$7.24M$1.69M$6.76M$3.60M$1.40M$5.20M
QoQ Change-4.7%+131.6%-39.5%+151.1%-76.6%+298.9%-46.8%-61.0%+270.6%
YoY Change+235.0%-17.7%+41.7%+24.8%-80.6%+206.7%
Range$1.40M$7.24M
CAGR+47.7%
Avg YoY Growth+68.3%
Median YoY Growth+33.3%

Frequently Asked Questions

What is Texas Pacific Land's water services and operations — total capital expenditures?
Texas Pacific Land (TPL) reported water services and operations — total capital expenditures of $5.20M in Q3 2023.
How has Texas Pacific Land's water services and operations — total capital expenditures changed year-over-year?
Texas Pacific Land's water services and operations — total capital expenditures increased by 206.7% year-over-year, from $1.69M to $5.20M.
What does water services and operations — total capital expenditures mean?
The total amount of money spent by the water services segment on physical assets and infrastructure improvements.