Debt to Equity
since 2005
Calculation
Texas Pacific Land Corp., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Total equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.00 | = | —) | ÷ | 1,043,196) |
| Dec 31, 2022 | 0.00 | = | —) | ÷ | 772,887) |
| Dec 31, 2021 | 0.00 | = | —) | ÷ | 651,711) |
| Dec 31, 2020 | 0.00 | = | —) | ÷ | 485,184) |
| Dec 31, 2019 | 0.00 | = | —) | ÷ | 512,137) |
| Dec 31, 2018 | 0.00 | = | —) | ÷ | 244,691) |
| Dec 31, 2017 | 0.00 | = | —) | ÷ | 79,193) |
| Dec 31, 2016 | 0.00 | = | —) | ÷ | 47,624) |
| Dec 31, 2015 | 0.00 | = | —) | ÷ | 45,689) |
| Dec 31, 2014 | 0.00 | = | —) | ÷ | 26,720) |
| Dec 31, 2013 | 0.00 | = | —) | ÷ | 17,930) |
| Dec 31, 2012 | 0.00 | = | —) | ÷ | 15,596) |
| Dec 31, 2011 | 0.00 | = | —) | ÷ | 20,547) |
| Dec 31, 2010 | 0.00 | = | —) | ÷ | 18,302) |
| Dec 31, 2009 | 0.00 | = | —) | ÷ | 19,704) |
| Dec 31, 2008 | 0.00 | = | —) | ÷ | 23,525) |
| Dec 31, 2007 | 0.00 | = | —) | ÷ | 24,890) |
| Dec 31, 2006 | 0.00 | = | —) | ÷ | 24,439) |
| Dec 31, 2005 | 0.00 | = | —) | ÷ | 24,614) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Texas Pacific Land Corp., debt to equity, long-term trends, comparison to competitors
| Texas Pacific Land Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.00 | 0.13 | 0.38 | 0.20 | 0.65 |
| Dec 31, 2022 | 0.00 | 0.15 | 0.35 | 0.21 | 0.66 |
| Dec 31, 2021 | 0.00 | 0.23 | 0.44 | 0.28 | 1.46 |
| Dec 31, 2020 | 0.00 | 0.34 | 0.51 | 0.43 | 1.95 |
| Dec 31, 2019 | 0.00 | 0.19 | 0.43 | 0.24 | 1.13 |
| Dec 31, 2018 | 0.00 | 0.22 | 0.47 | 0.20 | 0.48 |
| Dec 31, 2017 | 0.00 | 0.26 | 0.64 | 0.23 | 0.48 |
| Dec 31, 2016 | 0.00 | 0.32 | 0.78 | 0.26 | 0.46 |
| Dec 31, 2015 | 0.00 | 0.25 | 0.63 | 0.23 | 0.34 |
| Dec 31, 2014 | 0.00 | 0.18 | 0.43 | 0.17 | 0.20 |
| Dec 31, 2013 | 0.00 | 0.14 | 0.42 | 0.13 | 0.16 |
| Dec 31, 2012 | 0.00 | 0.09 | 0.45 | 0.07 | 0.19 |
| Dec 31, 2011 | 0.00 | 0.08 | 0.35 | 0.11 | 0.16 |
| Dec 31, 2010 | 0.00 | 0.11 | 0.34 | 0.10 | 0.16 |
| Dec 31, 2009 | 0.00 | 0.11 | 0.46 | 0.09 | 0.10 |
| Dec 31, 2008 | 0.00 | 0.10 | 0.50 | 0.08 | 0.10 |
| Dec 31, 2007 | 0.00 | 0.09 | 0.24 | 0.08 | 0.08 |
| Dec 31, 2006 | 0.00 | 0.14 | 0.33 | 0.07 | 0.15 |
| Dec 31, 2005 | 0.00 | 0.21 | 0.24 | 0.07 | 0.19 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Texas Pacific Land Corp., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Texas Pacific Land Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 0.00 | 0.23 |
| Dec 31, 2022 | 0.00 | 0.23 |
| Dec 31, 2021 | 0.00 | 0.34 |
| Dec 31, 2020 | 0.00 | 0.48 |
| Dec 31, 2019 | 0.00 | 0.31 |
| Dec 31, 2018 | 0.00 | 0.24 |
| Dec 31, 2017 | 0.00 | 0.29 |
| Dec 31, 2016 | 0.00 | 0.34 |
| Dec 31, 2015 | 0.00 | 0.29 |
| Dec 31, 2014 | 0.00 | 0.21 |
| Dec 31, 2013 | 0.00 | 0.17 |
| Dec 31, 2012 | 0.00 | 0.14 |
| Dec 31, 2011 | 0.00 | 0.15 |
| Dec 31, 2010 | 0.00 | 0.16 |
| Dec 31, 2009 | 0.00 | 0.18 |
| Dec 31, 2008 | 0.00 | 0.17 |
| Dec 31, 2007 | 0.00 | 0.13 |
| Dec 31, 2006 | 0.00 | 0.17 |
| Dec 31, 2005 | 0.00 | 0.15 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Texas Pacific Land Corp., debt to equity, long-term trends, comparison to industry (energy)
| Texas Pacific Land Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 0.00 | 0.24 |
| Dec 31, 2022 | 0.00 | 0.25 |
| Dec 31, 2021 | 0.00 | 0.37 |
| Dec 31, 2020 | 0.00 | 0.52 |
| Dec 31, 2019 | 0.00 | 0.33 |
| Dec 31, 2018 | 0.00 | 0.26 |
| Dec 31, 2017 | 0.00 | 0.30 |
| Dec 31, 2016 | 0.00 | 0.35 |
| Dec 31, 2015 | 0.00 | 0.31 |
| Dec 31, 2014 | 0.00 | 0.22 |
| Dec 31, 2013 | 0.00 | 0.19 |
| Dec 31, 2012 | 0.00 | 0.15 |
| Dec 31, 2011 | 0.00 | 0.16 |
| Dec 31, 2010 | 0.00 | 0.16 |
| Dec 31, 2009 | 0.00 | 0.18 |
| Dec 31, 2008 | 0.00 | 0.18 |
| Dec 31, 2007 | 0.00 | 0.14 |
| Dec 31, 2006 | 0.00 | 0.18 |
| Dec 31, 2005 | 0.00 | 0.16 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).