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Texas Pacific Land TPL West Texas — Remaining area of land acquired

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ROC
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Other financials

Income statement

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Revenue$236.8M+20.8%
Operating income$182.3M+21.5%
Net income$142.9M+18.4%
EPS (diluted)$2.07+18.3%

Balance sheet

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Cash & equivalents$248.2M-46.5%
Total debt$18.0M
Total equity$1.6B+29.0%
Total assets$1.8B+29.4%

Cash flow

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Operating cash flow$162.0M+3.4%
CapEx$426.0K
Free cash flow$90.2M

Valuation

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Market cap$28.7B+19.3%
Enterprise value$28.47B
P/E57×+4.9×
P/S34.2×+1.8×

Profitability

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Operating margin74.4%-1.6pp
Net margin60%-3.2pp
FCF margin58.6%

Returns & leverage

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Return on equity36.5%-3.1pp
Debt / equity
Current ratio4.2×-3.6×

Where this comes from

Reported directly by Texas Pacific Land in its filing.

Tagged under the XBRL concept tpl:RemainingAreaOfLandAcquired.

The official record: Texas Pacific Land’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Pacific Land's west texas — remaining area of land acquired?
Texas Pacific Land (TPL) reported west texas — remaining area of land acquired of 33K in Q1 2026.
How has Texas Pacific Land's west texas — remaining area of land acquired changed year-over-year?
Texas Pacific Land's west texas — remaining area of land acquired increased by 106.3% year-over-year, from 16K to 33K.
What does west texas — remaining area of land acquired mean?
This metric tracks the portion of land acquired in the West Texas region that remains in the company's portfolio after accounting for subsequent sales or transfers. It reflects the net retention of strategic land assets over time. This is a key indicator of the company's long-term land banking strategy and its ability to maintain a core asset base for future development.