What is the primary revenue source for Texas Pacific Land (TPL)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze TPL's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Texas Pacific Land's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Texas Pacific Land Makes Money: TPL Revenue Breakdown (2026)

Method

sum(PaymentsToAcquireOtherPropertyPlantAndEquipment, PaymentsToAcquireIntangibleAssets, PaymentsToAcquireOtherProductiveAssets, PaymentsForCapitalImprovements, PaymentsToDevelopSoftware, PaymentsToAcquireRealEstate, PaymentsToDevelopRealEstateAssets, PaymentsForConstructionInProcess, PaymentsNonUtilityConstructionExpenditures, PaymentsToExploreAndDevelopOilAndGasProperties, PaymentsToAcquireOilAndGasProperty, PaymentsToAcquireMachineryAndEquipment, PaymentsToAcquireEquipment, PaymentsForSoftware, PaymentsToAcquireSoftware, PaymentsToAcquireFurnitureAndFixtures, PaymentsToAcquirePropertySubjectToOrAvailableForOperatingLease, PaymentsForLeasingCostsCommissionsAndTenantImprovements)

Financial Insights

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Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?