TPL Q1 2022 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$147M+75.1% YoY

Gross Profit

$140M95.3% margin

Operating Income

$124M84.4% margin

Net Income

$98M66.4% margin

EPS (Diluted)

$1.40

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$108M

Free Cash Flow

$104M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$857M

Total Liabilities

$129M

Stockholders' Equity

$728M

Cash & Equivalents

$507M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$147M	$84M	+75.1%
Gross Profit	$140M	$77M	+82.3%
Operating Income	$124M	$62M	+100.4%
Net Income	$98M	$50M	+95.6%

Revenue Segments

Oil And Gas Royalties

$104M71%

Water Sales And Royalties

$19M13%

Produced Water Royalties

$15M10%

Easement and Sundry

$9M6%

Land Sales and Other Revenue

$281,0000%