TPL Q2 2021 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q2 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$96M+67.5% YoY

Gross Profit

$89M92.3% margin

Operating Income

$71M74.3% margin

Net Income

$57M59.5% margin

EPS (Diluted)

$0.82

QoQ Revenue Growth

+14.0%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$41M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$634M

Total Liabilities

$87M

Stockholders' Equity

$547M

Cash & Equivalents

$329M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$96M	$57M	+67.5%
Gross Profit	$89M	$49M	+81.6%
Operating Income	$71M	$35M	+105.2%
Net Income	$57M	$28M	+106.8%

Revenue Segments

Oil And Gas Royalties

$58M61%

Produced Water Royalties

$15M16%

Water Sales And Royalties

$12M13%

Easement and Sundry

$9M9%

Land Sales

$746,0001%

Other Revenues

$74,0000%