Skip to content

Texas Pacific Land

NYSE: TPL · USD

Texas Pacific Land revenue83

Quarterly and annual revenue from company filings.

Business drivers

Business lines and operating measures.

Production · Oil Reserves

Reported annual Production · Oil Reserves. Annual figures · utr:MMBbls

Production · Oil Reserves. Reported annual Production · Oil Reserves. Unit: utr:MMBbls. All reporting dates and source links follow.
Period endedutr:MMBblsReport
Dec 31, 2025From Jan 1, 20254,936Filed Feb 18, 2026
Dec 31, 2024From Jan 1, 20244,118Filed Feb 18, 2026
Dec 31, 2023From Jan 1, 20233,701Filed Feb 18, 2026

Production · Natural Gas Reserves

Reported annual Production · Natural Gas Reserves. Annual figures · utr:MMcf

Production · Natural Gas Reserves. Reported annual Production · Natural Gas Reserves. Unit: utr:MMcf. All reporting dates and source links follow.
Period endedutr:MMcfReport
Dec 31, 2025From Jan 1, 202523,359Filed Feb 18, 2026
Dec 31, 2024From Jan 1, 202417,074Filed Feb 18, 2026
Dec 31, 2023From Jan 1, 202314,528Filed Feb 18, 2026

Production · Natural Gas Liquids Reserves

Reported annual Production · Natural Gas Liquids Reserves. Annual figures · utr:MMBbls

Production · Natural Gas Liquids Reserves. Reported annual Production · Natural Gas Liquids Reserves. Unit: utr:MMBbls. All reporting dates and source links follow.
Period endedutr:MMBblsReport
Dec 31, 2025From Jan 1, 20253,784Filed Feb 18, 2026
Dec 31, 2024From Jan 1, 20242,841Filed Feb 18, 2026
Dec 31, 2023From Jan 1, 20232,453Filed Feb 18, 2026

Total real estate

Reported instant Total real estate. At the reporting date · utr:acre

Total real estate. Reported instant Total real estate. Unit: utr:acre. All reporting dates and source links follow.
As ofutr:acreReport
Jun 30, 2026894,006Filed Aug 5, 2026
Mar 31, 2026881,374Filed May 6, 2026
Dec 31, 2025882,053Filed Aug 5, 2026
Dec 31, 2024873,136Filed Feb 18, 2026

Independent series; they may overlap and do not form an additive breakdown.

  • Some proposal unit metadata conflicts with the supporting disclosure.
  • The supplied proposals do not capture the disclosed water businesses.

Products & projects

TPL Source Water Network

Water Sales Asset Map storage capacity 1,000+ mbbl/d ~38 mmbbl source water pipelines~480 miles 331 357 393 413 426 455 481 488 522 - 100 200 300 400 500 600 2017 2018 2019 2020 2021 2022 2023 2024 2025 Average Fluid Used per Delaware Well Completion Average O&G well in the Delaware requires an increasing volume of water (~500k bbl water per well) TPL has developed and currently operates the largest source water infrastructure network in the northern Delaware TPL sells substantial water both on and off of TPL acreage TPL Source Water Network 27 Notes: Enverus and Company data as of 12/31/2025.

Filed · source for TPL Source Water Network

Project Kilby

•Announced an agreement with a Chevron Corporation (NYSE: CVX) (“Chevron”) subsidiary to provide land and brackish water resources for Chevron’s recently announced development known as Project Kilby, involving a large-scale power generation facility Chevron is developing to support a customer data center in Reeves County, Texas.

Filed · source for Project Kilby

Revenue history

USD millions · Fiscal periods
Dec 31, 2020 through Jun 30, 2026

Quarterly data

Texas Pacific Land quarterly financial data in USD millions. FY denotes the company's fiscal year. YTD covers reported quarters only.
Fiscal quarterEndedTotal revenueUSD millions
FY 2026 Q2Jun 30, 2026246.059, +3.9% versus FY 2026 Q1
FY 2026 Q1Mar 31, 2026236.818, +11.9% versus FY 2025 Q4
FY 2025 Q4Dec 31, 2025211.579, +4.2% versus FY 2025 Q3
FY 2025 Q3Sep 30, 2025203.085, +8.3% versus FY 2025 Q2
FY 2025 Q2Jun 30, 2025187.543, −4.3% versus FY 2025 Q1
FY 2025 Q1Mar 31, 2025195.983, +5.5% versus FY 2024 Q4
FY 2024 Q4Dec 31, 2024185.784, +7.0% versus FY 2024 Q3
FY 2024 Q3Sep 30, 2024173.563, +0.7% versus FY 2024 Q2
FY 2024 Q2Jun 30, 2024172.334, −1.0% versus FY 2024 Q1
FY 2024 Q1Mar 31, 2024174.142, +4.5% versus FY 2023 Q4
FY 2023 Q4Dec 31, 2023166.657, +5.5% versus FY 2023 Q3
FY 2023 Q3Sep 30, 2023157.967, −1.6% versus FY 2023 Q2
FY 2023 Q2Jun 30, 2023160.609, +9.7% versus FY 2023 Q1
FY 2023 Q1Mar 31, 2023146.362, −4.2% versus FY 2022 Q4
FY 2022 Q4Dec 31, 2022152.706, −20.1% versus FY 2022 Q3
FY 2022 Q3Sep 30, 2022191.111, +8.4% versus FY 2022 Q2
FY 2022 Q2Jun 30, 2022176.27, +19.6% versus FY 2022 Q1
FY 2022 Q1Mar 31, 2022147.335, +0.1% versus FY 2021 Q4
FY 2021 Q4Dec 31, 2021147.178, +19.0% versus FY 2021 Q3
FY 2021 Q3Sep 30, 2021123.693, +28.9% versus FY 2021 Q2
FY 2021 Q2Jun 30, 202195.932, +14.0% versus FY 2021 Q1
FY 2021 Q1Mar 31, 202184.155, Change unavailable versus FY 2020 Q4
Sources and definitions

Figures from official company filings and financial reports, in the reported currency. FY identifies the fiscal year; the end date identifies the calendar period. Last checked Oct 19, 2026.

Annual values come from annual filings. Historical quarters retain their reporting basis; rounding and reclassifications can make their sum differ from the annual figure. YTD sums the available fiscal quarters and compares the same quarters of the previous fiscal year.

Missing values are shown as unavailable. Fourth quarters use reported values where available, otherwise the annual amount less the matching nine-month amount.

Total revenue
Reported consolidated revenue as tagged in the official filing, including all company businesses.