TPL Q1 2023 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$146M-0.7% YoY

Gross Profit

$137M93.8% margin

Operating Income

$105M71.7% margin

Net Income

$87M59.1% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$113M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$955M

Total Liabilities

$126M

Stockholders' Equity

$829M

Cash & Equivalents

$591M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$147M	-0.7%
Gross Profit	$137M	$140M	-2.2%
Operating Income	$105M	$124M	-15.6%
Net Income	$87M	$98M	-11.6%

Revenue Segments

Water Sales And Royalties

$22M33%

Produced Water Royalties

$20M31%

Easement and Sundry

$15M23%

Oil And Gas Royalties

$9M13%

Land Sales and Other Revenue

$400,0001%