Name | Value |
---|---|
Revenues | 152.7M |
Cost of Revenue | 7.6M |
Gross Profit | 145.1M |
Operating Expense | 20.8M |
Operating I/L | 124.2M |
Other Income/Expense | 3.9M |
Interest Income | 0.0M |
Pretax | 128.2M |
Income Tax Expense | 28.4M |
Net Income/Loss | 99.7M |
Texas Pacific Land Corporation manages approximately 880,000 acres of land, holding nonparticipating perpetual oil and gas royalty interests (NPRI) and engaging in easements, commercial leases, and material sales. The company's Water Services and Operations segment provides full-service water offerings, including water sourcing, infrastructure development, disposal solutions, and well testing services to operators in the Permian Basin, while also holding royalties for water sourced from its land.