TPL Q4 2023 Earnings — Texas Pacific Land Corporation Revenue & Financial Results | Market Cap Arena

TPLTexas Pacific Land Corporation

$36B

Q4 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$167M+9.1% YoY

Gross Profit

$154M92.2% margin

Operating Income

$134M80.3% margin

Net Income

$113M67.9% margin

EPS (Diluted)

$1.64

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

$111M

Free Cash Flow

$107M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$113M

Stockholders' Equity

$1.0B

Cash & Equivalents

$725M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$153M	+9.1%
Gross Profit	$154M	$145M	+5.9%
Operating Income	$134M	$124M	+7.8%
Net Income	$113M	$100M	+13.4%

Revenue Segments

Oil And Gas Royalties

$179M73%

Water Sales And Royalties

$26M11%

Produced Water Royalties

$22M9%

Easement and Sundry

$19M8%