TPL
Price:
$378.91
Market Cap:
$26.14B
Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
TPL
According to Texas Pacific Land Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 4.23. This represents a change of -43.66% compared to the average of 7.50 of the last 4 quarters.
The mean historical Current Ratio of Texas Pacific Land Corporation over the last ten years is 11.73. The current 4.23 Current Ratio has changed 3.50% with respect to the historical average. Over the past ten years (40 quarters), TPL's Current Ratio was at its highest in in the September 2016 quarter at 31.66. The Current Ratio was at its lowest in in the March 2026 quarter at 4.23.
Average
11.73
Median
12.41
Minimum
4.40
Maximum
18.32
Discovering the peaks and valleys of Texas Pacific Land Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 43.01%
Maximum Annual Current Ratio = 18.32
Minimum Annual Increase = -47.23%
Minimum Annual Current Ratio = 4.40
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.40 | -47.23% |
| 2024 | 8.33 | -39.06% |
| 2023 | 13.68 | 22.67% |
| 2022 | 11.15 | 43.01% |
| 2021 | 7.80 | -7.28% |
| 2020 | 8.41 | -43.90% |
| 2019 | 14.99 | -0.04% |
| 2018 | 14.99 | -1.74% |
| 2017 | 15.26 | -16.71% |
| 2016 | 18.32 | -37.45% |
The current Current Ratio of Texas Pacific Land Corporation (TPL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.80
5-year avg
9.07
10-year avg
11.73
Texas Pacific Land Corporation’s Current Ratio is greater than Devon Energy Corporation (1.01), greater than Coterra Energy Inc. (1.01), greater than Pembina Pipeline Corporation (0.83), greater than Tenaris S.A. (4.15), greater than Venture Global, Inc. (0.87), greater than Expand Energy Corporation (1.11), greater than Halliburton Company (2.08), greater than Ecopetrol S.A. (1.26), greater than TechnipFMC plc (1.13), greater than Expand Energy Corporation (1.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.01 | $28.16B | |
| 1.01 | $24.72B | |
| 0.83 | $28.11B | |
| 4.15 | $33.76B | |
| 0.87 | $31.94B | |
| 1.11 | $21.24B | |
| 2.08 | $33.08B | |
| 1.26 | $34.09B | |
| 1.13 | $28.22B | |
| 1.11 | $23.56B |
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