TPL Q2 2019 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q2 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$87M+18.2% YoY

Gross Profit

$80M91.8% margin

Operating Income

$62M71.5% margin

Net Income

$50M56.8% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

-54.4%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$45M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$464M

Total Liabilities

$80M

Stockholders' Equity

$383M

Cash & Equivalents

$155M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$74M	+18.2%
Gross Profit	$80M	$71M	+13.2%
Operating Income	$62M	$66M	-4.7%
Net Income	$50M	$53M	-5.6%

Revenue Segments

Oil And Gas Royalties

$40M45%

Easement and Sundry

$22M26%

Water Sales And Royalties

$20M23%

Land Sales

$5M5%

Other Revenues

$108,0000%