TPLTexas Pacific Land Corporation

$36B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$174M+9.9% YoY

Gross Profit

$162M93.2% margin

Operating Income

$127M73.4% margin

Net Income

$107M61.4% margin

EPS (Diluted)

$1.54

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$119M

Free Cash Flow

$111M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$123M

Stockholders' Equity

$1.1B

Cash & Equivalents

$534M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$174M	$158M	+9.9%
Gross Profit	$162M	$146M	+11.0%
Operating Income	$127M	$127M	+0.3%
Net Income	$107M	$106M	+1.0%

Revenue Segments

Oil And Gas Royalties

$94M54%

Water Sales And Royalties

$36M21%

Produced Water Royalties

$28M16%

Easement and Sundry

$14M8%

Land Sales

$901,0001%

TPL Q3 2024 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena