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    Texas Pacific Land Corp

    Company overview

    Market capitalization
    $23.32B
    Employees
    114
    Latest publication
    2026-09-29
    About Texas Pacific Land Corp

    Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 33,000 additional net royalty acres, total of approximately 224,000 NRA located in the Permian Basin. The company was founded in 1888 and is headquartered in Dallas, Texas.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Revenue246,059,000USD236,818,000USD211,579,000USD203,085,000USD187,543,000USD195,983,000USD185,784,000USD173,563,000USD
    Cost Of Revenue46,238,000USD45,859,000USD—48,403,000USD38,099,000USD39,838,000USD—42,203,000USD
    Gross Profit199,821,000USD190,959,000USD—154,682,000USD149,444,000USD156,145,000USD—131,360,000USD
    Selling General Administrative8,004,000USD8,631,000USD—5,591,000USD5,693,000USD6,072,000USD—4,029,000USD
    General And Administrative Expenses8,004,000USD8,631,000USD—5,591,000USD5,693,000USD6,072,000USD—4,029,000USD
    Total Operating Expenses8,004,000USD8,631,000USD62,333,000USD5,591,000USD5,693,000USD6,072,000USD43,240,000USD4,029,000USD
    Operating Income191,817,000USD182,328,000USD149,246,000USD149,091,000USD143,751,000USD150,073,000USD142,544,000USD127,331,000USD
    Total Other Income Expense Net1,881,000USD1,236,000USD—6,088,000USD5,240,000USD4,321,000USD—8,086,000USD
    Interest Expense973,000USD992,000USD——————
    Labor And Related Expense15,562,000USD14,987,000USD—14,387,000USD14,072,000USD14,572,000USD—14,030,000USD
    Income Before Tax193,698,000USD183,564,000USD151,765,000USD155,179,000USD148,991,000USD154,394,000USD150,978,000USD135,417,000USD
    Income Tax Expense39,768,000USD40,662,000USD28,419,000USD33,941,000USD32,851,000USD33,742,000USD32,618,000USD28,823,000USD
    Net Income153,930,000USD142,902,000USD123,346,000USD121,238,000USD116,140,000USD120,652,000USD118,360,000USD106,594,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosurePreliminaryDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosurePreliminaryDisclosureDeterministicFinal

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Revenue798,190,000USD705,823,000USD631,595,000USD667,422,000USD450,958,000USD302,554,000USD490,496,000USD300,220,000USD
    Cost Of Revenue182,249,000USD132,202,000USD130,614,000USD32,894,000USD29,490,000USD32,601,000USD29,714,000USD13,751,000USD
    Gross Profit615,941,000USD573,621,000USD500,981,000USD634,528,000USD421,468,000USD269,953,000USD460,782,000USD286,469,000USD
    Selling General Administrative23,780,000USD34,483,000USD14,928,000USD63,487,000USD59,075,000USD52,702,000USD59,009,000USD25,635,000USD
    General And Administrative Expenses23,780,000USD34,483,000USD14,928,000USD—————
    Total Operating Expenses23,780,000USD34,483,000USD14,928,000USD72,221,000USD59,075,000USD52,702,000USD59,009,000USD25,635,000USD
    Operating Income592,161,000USD539,138,000USD486,053,000USD562,307,000USD362,393,000USD217,251,000USD401,773,000USD260,834,000USD
    Total Other Income Expense Net18,168,000USD39,683,000USD31,508,000USD6,548,000USD624,000USD2,411,000USD2,682,000USD916,000USD
    Interest Expense690,000USD——6,548,000USD16,881,000USD16,806,000USD11,588,000USD0USD
    Labor And Related Expense57,925,000USD53,621,000USD43,384,000USD—————
    Income Before Tax610,329,000USD578,821,000USD517,561,000USD568,855,000USD363,017,000USD219,662,000USD404,455,000USD261,750,000USD
    Income Tax Expense128,953,000USD124,861,000USD111,916,000USD122,493,000USD93,037,000USD43,613,000USD83,527,000USD52,014,000USD
    Net Income481,376,000USD453,960,000USD405,645,000USD446,362,000USD269,980,000USD176,049,000USD320,928,000USD209,736,000USD
    Research Development———1USD1USD1USD1USD1USD
    Unclassified Operating Expenses———8,733,999USD————
    Interest Income———6,207,000USD————
    Net Interest Income———6,207,000USD————
    Tax Provision———122,493,000USD93,037,000USD43,613,000USD83,527,000USD52,014,000USD
    Net Income From Continuing Ops———446,362,000USD269,980,000USD176,049,000USD318,728,000USD209,736,000USD
    Ebit———562,307,000USD362,393,000USD217,251,000USD401,773,000USD224,031,000USD
    Ebitda———577,683,000USD378,650,000USD231,646,000USD410,679,000USD263,417,000USD
    Depreciation And Amortization———15,376,000USD16,257,000USD14,395,000USD8,906,000USD39,386,000USD
    Reconciled Depreciation———15,376,000USD16,257,000USD14,395,000USD8,906,000USD2,583,000USD
    Net Income Applicable To Common Shares———446,362,000USD269,980,000USD176,049,000USD318,728,000USD209,736,000USD
    Non Operating Income Net Other——————2,682,000USD916,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets1,859,474,000USD1,751,453,000USD1,623,278,000USD1,524,914,000USD1,404,664,000USD1,353,292,000USD1,248,020,000USD1,175,569,000USD
    Cash And Equivalents248,612,000USD247,571,000USD144,809,000USD531,808,000USD543,930,000USD460,379,000USD369,835,000USD533,914,000USD
    Total Current Assets428,444,000USD435,085,000USD319,320,000USD737,172,000USD667,500,000USD606,920,000USD503,369,000USD708,969,000USD
    Other Current Assets5,062,000USD5,866,000USD5,295,000USD77,578,000USD9,256,000USD4,873,000USD5,318,000USD48,426,000USD
    Total Liabilities187,076,000USD195,507,000USD164,371,000USD156,950,000USD115,720,000USD147,035,000USD115,555,000USD123,437,000USD
    Total Current Liabilities94,125,000USD102,925,000USD72,604,000USD67,900,000USD45,126,000USD77,858,000USD46,561,000USD57,331,000USD
    Total Stockholder Equity1,672,398,000USD1,555,946,000USD1,458,907,000USD1,367,964,000USD1,288,944,000USD1,206,257,000USD1,132,465,000USD1,052,132,000USD
    Total Equity Including Noncontrolling Interest1,672,398,000USD1,555,946,000USD1,458,907,000USD1,367,964,000USD1,288,944,000USD1,206,257,000USD1,132,465,000USD1,052,132,000USD
    Deferred Revenue18,986,000USD22,168,000USD20,107,000USD11,932,000USD9,000,000USD12,019,000USD6,797,000USD6,694,000USD
    Deferred Revenue Non Current18,036,000USD18,973,000USD21,072,000USD19,664,000USD21,218,000USD20,310,000USD20,636,000USD20,625,000USD
    Property Plant Equipment Net196,007,000USD180,155,000USD178,221,000USD151,569,000USD127,949,000USD128,468,000USD123,741,000USD119,108,000USD
    Intangible Assets31,675,000USD32,260,000USD32,846,000USD33,431,000USD34,017,000USD34,602,000USD35,188,000USD35,773,000USD
    Accounts Payable40,775,000USD40,541,000USD39,578,000USD38,549,000USD26,987,000USD25,071,000USD26,958,000USD40,560,000USD
    Common Stock691,000USD691,000USD691,000USD231,000USD231,000USD231,000USD231,000USD231,000USD
    Retained Earnings1,793,936,000USD1,681,463,000USD1,595,402,000USD1,508,900,000USD1,424,502,000USD1,345,210,000USD1,277,594,000USD1,196,158,000USD
    Accumulated Other Comprehensive Income3,433,000USD3,791,000USD4,150,000USD3,465,000USD3,505,000USD3,544,000USD3,583,000USD1,768,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinal

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets1,623,278,000USD1,248,020,000USD1,156,398,000USD877,427,000USD764,064,000USD571,635,000USD598,176,000USD285,075,000USD
    Cash And Equivalents144,809,000USD369,835,000USD725,169,000USD510,834,000USD428,242,000USD281,046,000USD303,645,000USD119,647,000USD
    Total Current Assets319,320,000USD503,369,000USD862,464,000USD633,401,000USD526,513,000USD439,776,000USD366,640,000USD188,287,000USD
    Other Current Assets5,295,000USD5,318,000USD2,944,000USD-91,120,000USD-106,017,000USD1,978,000USD-107,075,000USD9,398,000USD
    Total Liabilities164,371,000USD115,555,000USD113,202,000USD—————
    Total Current Liabilities72,604,000USD46,561,000USD44,387,000USD56,815,000USD67,540,000USD18,734,000USD24,464,000USD12,112,000USD
    Total Stockholder Equity1,458,907,000USD1,132,465,000USD1,043,196,000USD772,887,000USD651,711,000USD485,184,000USD512,137,000USD244,691,000USD
    Total Equity Including Noncontrolling Interest1,458,907,000USD1,132,465,000USD1,043,196,000USD—————
    Deferred Revenue20,107,000USD6,797,000USD6,330,000USD—————
    Deferred Revenue Non Current21,072,000USD20,636,000USD25,006,000USD—————
    Property Plant Equipment Net178,221,000USD123,741,000USD91,448,000USD133,028,000USD125,938,000USD127,386,000USD120,481,000USD89,105,000USD
    Intangible Assets32,846,000USD35,188,000USD21,025,000USD—————
    Accounts Payable39,578,000USD26,958,000USD22,501,000USD23,443,000USD17,907,000USD14,680,000USD19,193,000USD10,505,000USD
    Common Stock691,000USD231,000USD78,000USD78,000USD78,000USD487,877,000USD513,598,000USD245,769,000USD
    Retained Earnings1,595,402,000USD1,277,594,000USD1,171,672,000USD866,139,000USD668,029,000USD487,877,000USD512,137,000USD245,769,000USD
    Accumulated Other Comprehensive Income4,150,000USD3,583,000USD1,831,000USD2,516,000USD-1,007,000USD-2,693,000USD-1,461,000USD-1,078,000USD
    Total Liab———104,540,000USD112,353,000USD86,451,000USD86,039,000USD40,384,000USD
    Other Current Liab———454,000USD101,000USD4,054,000USD-12,806,000USD1,607,000USD
    Capital Stock———78,000USD78,000USD0USD0USD0USD
    Other Liab———62,990,000USD60,008,000USD64,896,000USD58,208,000USD28,272,000USD
    Other Assets———6,348,000USD111,613,000USD211,322,000USD111,055,000USD14,376,000USD
    Cash———510,834,000USD428,242,000USD281,046,000USD303,645,000USD119,647,000USD
    Cash And Short Term Investments———510,834,000USD428,242,000USD281,046,000USD303,645,000USD119,647,000USD
    Current Deferred Revenue———21,708,000USD20,449,000USD26,168,000USD17,381,000USD13,369,000USD
    Net Debt———-508,879,000USD-426,797,000USD-278,225,000USD-300,278,000USD-119,647,000USD
    Short Term Debt———0USD0USD26,168,000USD696,000USD13,369,000USD
    Short Long Term Debt Total———1,955,000USD1,445,000USD26,168,000USD3,367,000USD7,683,000USD
    Net Receivables———103,983,000USD95,217,000USD48,216,000USD62,995,000USD48,750,000USD
    Inventory———109,704,000USD109,071,000USD108,536,000USD107,075,000USD10,492,000USD
    Property Plant Equipment Gross———185,935,000USD166,493,000USD79,267,000USD120,481,000USD89,105,000USD
    Common Stock Shares Outstanding———69,541,281shares69,768,486shares69,805,401shares69,807,933shares70,086,663shares
    Non Current Assets Total———244,026,000USD237,551,000USD131,859,000USD231,536,000USD96,788,000USD
    Non Current Liabilities Total———47,725,000USD44,813,000USD67,717,000USD61,575,000USD28,272,000USD
    Non Currrent Assets Other———65,973,000USD67,223,000USD4,473,000USD111,055,000USD7,683,000USD
    Net Working Capital———686,290,000USD568,044,000USD421,042,000USD449,251,000USD176,175,000USD
    Net Tangible Assets———772,887,000USD651,711,000USD485,184,000USD512,137,000USD244,691,000USD
    Unclassified Current Assets———-91,120,000USD-106,017,000USD—-107,075,000USD—
    Unclassified Non Current Assets———38,677,000USD-67,223,000USD-211,322,000USD-140,115,000USD-38,679,000USD
    Unclassified Current Liabilities———11,210,000USD29,083,000USD-52,336,000USD-12,806,000USD-26,738,000USD
    Unclassified Non Current Liabilities———-15,265,000USD-15,195,000USD2,821,000USD-58,208,000USD-28,272,000USD
    Unclassified Equity———-95,924,000USD—-487,877,000USD-512,137,000USD-245,769,000USD
    Treasury Stock————-15,417,000USD———
    Deferred Long Term Liab——————40,827,000USD14,903,000USD
    Long Term Investments——————29,060,000USD24,303,000USD
    Non Current Liabilities Other——————20,748,000USD13,369,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Depreciation30,682,000USD40,603,000USD25,640,000USD13,695,000USD7,933,000USD
    Stock Based Compensation9,451,000USD11,375,000USD7,882,000USD8,989,000USD6,054,000USD
    Change To Liabilities-6,549,000USD27,643,000USD-1,964,000USD4,423,000USD-4,328,000USD
    Change In Working Capital9,828,000USD17,126,000USD5,983,000USD7,651,000USD1,784,000USD
    Operating Cash Flow334,867,000USD432,238,000USD277,626,000USD364,096,000USD245,533,000USD
    Investing Cash Flow-139,363,000USD-137,605,000USD-16,450,000USD-225,763,000USD-9,648,000USD
    Net Common Stock Issuance-9,113,000USD-23,175,000USD-14,411,000USD-24,418,000USD-17,929,000USD
    Common Dividends Paid-83,183,000USD-111,031,000USD-74,216,000USD-310,550,000USD-53,801,000USD
    Financing Cash Flow-92,296,000USD-134,206,000USD-88,627,000USD-334,968,000USD-71,730,000USD
    Change In Cash103,208,000USD160,427,000USD172,549,000USD-196,635,000USD164,155,000USD
    End Cash Flow248,612,000USD531,808,000USD543,930,000USD533,914,000USD894,704,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinal

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Depreciation16,639,000USD14,043,000USD22,141,000USD14,963,000USD13,699,000USD11,941,000USD11,467,000USD5,762,000USD
    Stock Based Compensation4,388,000USD5,063,000USD3,756,000USD3,493,000USD3,485,000USD4,397,000USD3,509,000USD2,935,000USD
    Change To Liabilities-1,201,000USD-5,348,000USD———-2,657,000USD——
    Change In Working Capital-3,630,000USD13,458,000USD-41,167,000USD11,143,000USD—18,948,000USD——
    Operating Cash Flow172,859,000USD162,008,000USD———156,726,000USD——
    Investing Cash Flow-130,976,000USD-8,387,000USD———-12,517,000USD——
    Net Common Stock Issuance-50,000USD-9,063,000USD———-14,360,000USD——
    Common Dividends Paid-41,387,000USD-41,796,000USD———-37,434,000USD——
    Financing Cash Flow-41,437,000USD-50,859,000USD———-51,794,000USD——
    Change In Cash446,000USD102,762,000USD-386,404,000USD-12,122,000USD—92,415,000USD——
    End Cash Flow248,612,000USD248,166,000USD———463,796,000USD——
    Deferred Income Tax39,768,000USD———————
    Net Income——123,346,000USD121,238,000USD116,140,000USD—118,360,000USD106,594,000USD
    Other Non Cash Items——4,145,000USD3,775,000USD————
    Change To Account Receivables——-52,933,000USD—————
    Total Cash From Operating Activities——113,672,000USD154,612,000USD————
    Capital Expenditures——-28,653,000USD-18,601,000USD-3,808,000USD—-7,429,000USD-9,833,000USD
    Free Cash Flow——85,019,000USD136,011,000USD————
    Total Cashflows From Investing Activities——-458,243,000USD-121,155,000USD————
    Total Cash From Financing Activities——-41,833,000USD-45,579,000USD————
    Dividends Paid——-36,767,000USD-36,815,000USD————
    Sale Purchase Of Stock——14,311,000USD-8,280,000USD————
    Begin Period Cash Flow——531,808,000USD543,930,000USD————
    End Period Cash Flow——145,404,000USD531,808,000USD————
    Other Cashflows From Investing Activities——-500,698,000USD-31,446,000USD————
    Other Cashflows From Financing Activities——-5,066,000USD-484,000USD————
    Unclassified Operating Cash Flow——1,451,000USD—————
    Unclassified Investing Cash Flow——71,108,000USD50,047,000USD————
    Unclassified Financing Cash Flow——-14,311,000USD—————
    Investments———-121,155,000USD————
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyDisclosurePreliminaryDisclosureDeterministicFinalDisclosurePreliminaryDisclosurePreliminary

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Depreciation62,533,000USD25,162,000USD14,757,000USD15,376,000USD16,257,000USD14,395,000USD8,906,000USD2,583,000USD
    Stock Based Compensation15,131,000USD12,498,000USD10,343,000USD8,432,000USD28,000USD-14,395,000USD-8,906,000USD—
    Deferred Income Tax6,555,000USD4,604,000USD1,399,000USD—————
    Change To Liabilities22,894,000USD6,327,000USD-3,240,000USD1,938,000USD1,252,000USD2,496,000USD11,624,000USD5,539,000USD
    Change In Working Capital-30,420,000USD5,310,000USD-26,069,000USD-24,284,000USD-21,322,000USD20,107,000USD11,232,000USD-31,660,000USD
    Operating Cash Flow545,910,000USD490,672,000USD418,288,000USD—————
    Investing Cash Flow-595,848,000USD-471,749,000USD-60,312,000USD—————
    Net Common Stock Issuance-23,175,000USD-30,782,000USD-44,637,000USD—————
    Common Dividends Paid-147,798,000USD-347,309,000USD-99,972,000USD—————
    Unclassified Financing Cash Flow-5,066,000USD————25,998,000USD111,692,000USD81,533,000USD
    Financing Cash Flow-176,039,000USD-378,091,000USD-144,609,000USD—————
    Change In Cash-225,977,000USD-359,168,000USD213,367,000USD88,940,000USD145,218,000USD-20,621,000USD180,199,000USD43,866,000USD
    End Cash Flow145,404,000USD371,381,000USD730,549,000USD—————
    Net Income———446,362,000USD269,980,000USD176,049,000USD318,728,000USD209,736,000USD
    Other Non Cash Items———53,017,000USD16,257,000USD12,980,000USD-13,094,000USD-2,000USD
    Change To Account Receivables———-13,833,000USD-47,603,000USD18,828,000USD-13,802,000USD-29,003,000USD
    Total Cash From Operating Activities———447,149,000USD265,163,000USD207,037,000USD342,790,000USD195,448,000USD
    Capital Expenditures———-20,874,000USD-15,548,000USD-22,032,000USD-37,226,000USD-47,878,000USD
    Free Cash Flow———426,275,000USD249,615,000USD185,005,000USD305,564,000USD147,570,000USD
    Investments———-21,401,000USD-14,997,000USD-25,998,000USD-111,692,000USD-81,533,000USD
    Total Cashflows From Investing Activities———-21,401,000USD-14,997,000USD-25,998,000USD-111,692,000USD-81,533,000USD
    Total Cash From Financing Activities———-336,808,000USD-104,948,000USD-201,660,000USD-50,899,000USD-70,049,000USD
    Dividends Paid———-247,281,000USD-85,264,000USD-201,660,000USD-46,546,000USD-31,652,000USD
    Sale Purchase Of Stock———-87,765,000USD-19,684,000USD0USD-4,353,000USD-38,397,000USD
    Begin Period Cash Flow———428,242,000USD283,024,000USD303,645,000USD123,446,000USD79,580,000USD
    End Period Cash Flow———517,182,000USD428,242,000USD283,024,000USD303,645,000USD119,647,000USD
    Other Cashflows From Investing Activities———106,000USD1,086,000USD-3,966,000USD-37,109,000USD-9,352,000USD
    Other Cashflows From Financing Activities———-1,762,000USD-78,000USD-25,998,000USD-111,692,000USD-81,533,000USD
    Unclassified Operating Cash Flow———-51,754,000USD-16,037,000USD-2,099,000USD25,924,000USD14,791,000USD
    Unclassified Investing Cash Flow———20,768,000USD14,462,000USD25,998,000USD74,335,000USD57,230,000USD
    Change To Inventory————-867,000USD———
    Cash And Cash Equivalents Changes——————180,199,000USD40,067,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q2 2026Quarterly · 2026-06-30ProductEasementand Sundry23,662,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductLand Sale0USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductOil And Gas Royalties145,589,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductProduced Water Royalties37,075,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductWater Sales39,733,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentLand And Resource Management163,867,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentWater Serviceand Operations82,192,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductEasementand Sundry17,315,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductLand Sale20,944,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductOil And Gas Royalties118,167,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductProduced Water Royalties33,529,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductWater Sales And Royalties46,863,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31SegmentLand And Resource Management153,560,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31SegmentWater Serviceand Operations83,258,000USDDisclosure
    Q4 2025Quarterly · 2025-12-31ProductEasementand Sundry20,612,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductLand Sales0USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductOil And Gas Royalties96,721,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductProduced Water Royalties33,513,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductWater Sales And Royalties60,733,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31SegmentLand And Resource Management113,383,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31SegmentWater Serviceand Operations98,196,000USDLegacy provider
    FY 2025Yearly · 2025-12-31ProductEasementand Sundry91,775,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductLand Sales819,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductOil And Gas Royalties411,677,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductProduced Water Royalties124,218,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductWater Sales And Royalties169,701,000USDDisclosure
    FY 2025Yearly · 2025-12-31SegmentLand And Resource Management490,726,000USDDisclosure
    FY 2025Yearly · 2025-12-31SegmentWater Serviceand Operations307,464,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductEasementand Sundry16,715,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductLand Sales819,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductOil And Gas Royalties108,705,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductProduced Water Royalties32,268,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductWater Sales And Royalties44,578,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30SegmentLand And Resource Management122,265,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30SegmentWater Serviceand Operations80,820,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductEasementand Sundry36,223,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductLand Sales0USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductOil And Gas Royalties95,006,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductProduced Water Royalties30,737,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductWater Sales And Royalties25,577,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30SegmentLand And Resource Management128,497,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30SegmentWater Serviceand Operations59,046,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductEasementand Sundry18,225,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductLand Sales0USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductOil And Gas Royalties111,245,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductProduced Water Royalties27,700,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductWater Sales And Royalties38,813,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31SegmentLand And Resource Management126,581,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31SegmentWater Serviceand Operations69,402,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31ProductEasementand Sundry21,761,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31ProductLand Sales2,243,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31ProductOil And Gas Royalties96,954,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31ProductProduced Water Royalties28,089,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31ProductWater Sales And Royalties36,737,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31SegmentLand And Resource Management118,628,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31SegmentWater Serviceand Operations67,156,000USDDisclosure
    FY 2024Yearly · 2024-12-31ProductEasementand Sundry73,257,000USDDisclosure
    FY 2024Yearly · 2024-12-31ProductLand Sales4,388,000USDDisclosure
    FY 2024Yearly · 2024-12-31ProductOil And Gas Royalties373,331,000USDDisclosure
    FY 2024Yearly · 2024-12-31ProductProduced Water Royalties104,123,000USDDisclosure
    FY 2024Yearly · 2024-12-31ProductWater Sales And Royalties150,724,000USDDisclosure
    FY 2024Yearly · 2024-12-31SegmentLand And Resource Management440,793,000USDDisclosure
    FY 2024Yearly · 2024-12-31SegmentWater Serviceand Operations265,030,000USDDisclosure
    Q3 2024Quarterly · 2024-09-30ProductEasementand Sundry14,280,000USDDisclosure
    Q3 2024Quarterly · 2024-09-30ProductLand Sales901,000USDDisclosure
    Q3 2024Quarterly · 2024-09-30ProductOil And Gas Royalties94,444,000USDDisclosure
    Q3 2024Quarterly · 2024-09-30ProductProduced Water Royalties27,727,000USDDisclosure
    Q3 2024Quarterly · 2024-09-30ProductWater Sales And Royalties36,211,000USDDisclosure
    Q3 2024Quarterly · 2024-09-30SegmentLand And Resource Management106,648,000USDDisclosure
    Q3 2024Quarterly · 2024-09-30SegmentWater Serviceand Operations66,915,000USDDisclosure
    FY 2023Yearly · 2023-12-31ProductEasementand Sundry70,932,000USDDisclosure
    FY 2023Yearly · 2023-12-31ProductLand Sales6,806,000USDDisclosure
    FY 2023Yearly · 2023-12-31ProductOil And Gas Royalties357,394,000USDDisclosure
    FY 2023Yearly · 2023-12-31ProductProduced Water Royalties84,260,000USDDisclosure
    FY 2023Yearly · 2023-12-31ProductWater Sales And Royalties112,203,000USDDisclosure
    FY 2023Yearly · 2023-12-31SegmentLand And Resource Management432,105,000USDDisclosure
    FY 2023Yearly · 2023-12-31SegmentWater Serviceand Operations199,490,000USDDisclosure
    FY 2022Yearly · 2022-12-31ProductEasementand Sundry48,348,000USDDisclosure
    FY 2022Yearly · 2022-12-31ProductLand Sales9,681,000USDDisclosure
    FY 2022Yearly · 2022-12-31ProductOil And Gas Royalties452,434,000USDDisclosure
    FY 2022Yearly · 2022-12-31ProductProduced Water Royalties72,234,000USDDisclosure
    FY 2022Yearly · 2022-12-31ProductWater Sales And Royalties84,725,000USDDisclosure
    FY 2022Yearly · 2022-12-31SegmentLand And Resource Management506,975,000USDDisclosure
    FY 2022Yearly · 2022-12-31SegmentWater Serviceand Operations160,447,000USDDisclosure
    FY 2021Yearly · 2021-12-31ProductEasementand Sundry37,616,000USDDisclosure
    FY 2021Yearly · 2021-12-31ProductLand Sales And Other Revenue1,027,000USDDisclosure
    FY 2021Yearly · 2021-12-31ProductOil And Gas Royalties286,468,000USDDisclosure
    FY 2021Yearly · 2021-12-31ProductProduced Water Royalties58,081,000USDDisclosure
    FY 2021Yearly · 2021-12-31ProductWater Sales And Royalties67,766,000USDDisclosure
    FY 2021Yearly · 2021-12-31SegmentLand And Resource Management320,387,000USDDisclosure
    FY 2021Yearly · 2021-12-31SegmentWater Serviceand Operations130,571,000USDDisclosure
    FY 2020Yearly · 2020-12-31ProductEasementand Sundry41,398,000USD0001811074-23-000014
    FY 2020Yearly · 2020-12-31ProductLand Sales1,400,000USD0001811074-23-000014
    FY 2020Yearly · 2020-12-31ProductLand Sales And Other Revenue17,716,000USD0001811074-23-000014
    FY 2020Yearly · 2020-12-31ProductOil And Gas Royalties137,948,000USD0001811074-23-000014
    FY 2020Yearly · 2020-12-31ProductProduced Water Royalties50,640,000USD0001811074-23-000014
    FY 2020Yearly · 2020-12-31ProductWater Sales And Royalties54,862,000USD0001811074-23-000014
    FY 2020Yearly · 2020-12-31SegmentLand And Resource Management195,142,000USD0001811074-23-000014
    FY 2020Yearly · 2020-12-31SegmentWater Serviceand Operations107,422,000USD0001811074-23-000014
    FY 2019Yearly · 2019-12-31ProductEasementand Sundry115,362,000USD0001811074-21-000013

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.