Texas Pacific Land WSO — Ad valorem and other taxes increased by 9.1% to $12.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.0%, from $10.00K to $12.00K. Over 3 years (FY 2022 to FY 2025), WSO — Ad valorem and other taxes shows an upward trend with a 95.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Changes often reflect shifts in local tax regulations or changes in the assessed value of the segment's infrastructure assets.
Includes taxes levied on the value of property or assets held by the Water Services and Operations segment, as well as o...
Common in industries with significant physical asset ownership, such as energy, utilities, and real estate.
tpl_segment_wso_ad_valorem_and_other_taxes| 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 | $1.50K | $1.50K | $1.50K | $1.50K | $750.00 | $750.00 | $750.00 | $750.00 | $1.00K | $1.00K | $0.00 | $36.00K | $10.00K | $13.00K | $11.00K | $11.00K | $12.00K |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -50.0% | +0.0% | +0.0% | +0.0% | +33.3% | +0.0% | -100.0% | — | -72.2% | +30.0% | -15.4% | +0.0% | +9.1% |
| YoY Change | — | — | — | — | -50.0% | -50.0% | -50.0% | -50.0% | +33.3% | +33.3% | -100.0% | >999% | +900.0% | >999% | — | -69.4% | +20.0% |