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Texas Pacific Land (TPL) capital expenditures by quarter

Texas Pacific Land's capital expenditures were $14.0M in Q3 2026 (third quarter 2026), -36% from Q2 2026. Over the last 7 quarters it ranged from $3.3M (Q2 2025) to $28.7M (Q4 2025).

Texas Pacific Land capital expenditures by quarterTexas Pacific Land capital expenditures by quarter$9.0MQ1 2025$3.3MQ2 2025$18.6MQ3 2025$28.7MQ4 2025$7.3MQ1 2026$21.9MQ2 2026$14.0MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$14.0M-36%-25%
Q2 2026$21.9M+197%+560%
Q1 2026$7.3M-74%-18%
Q4 2025$28.7M+54%—
Q3 2025$18.6M+462%—
Q2 2025$3.3M-63%—
Q1 2025$9.0M——

Q3 2026 at a glance

Texas Pacific Land, Q3 2026: revenue $273M (+35% year over year), operating margin 76.0%, net earnings $167M, operating cash flow $192M. The chart follows the revenue to costs, profit and cash.

Questions

What is Texas Pacific Land's capital expenditures?

Texas Pacific Land's capital expenditures were $14.0M in Q3 2026 (third quarter 2026), -36% from Q2 2026.

How has Texas Pacific Land's capital expenditures changed?

Over the last 7 quarters it ranged from $3.3M (Q2 2025) to $28.7M (Q4 2025).

Q3 2026 results → · How Texas Pacific Land makes money →