Selected Financial Data
since 2005
Income Statement
Texas Pacific Land Corp., selected items from income statement, long-term trends
US$ in thousands
| 12 months ended: | Revenues | Operating income | Net income |
|---|---|---|---|
| Dec 31, 2023 | 631,595) | 486,053) | 405,645) |
| Dec 31, 2022 | 667,422) | 562,307) | 446,362) |
| Dec 31, 2021 | 450,958) | 362,393) | 269,980) |
| Dec 31, 2020 | 302,554) | 217,251) | 176,049) |
| Dec 31, 2019 | 490,496) | 399,573) | 318,728) |
| Dec 31, 2018 | 300,220) | 260,834) | 209,736) |
| Dec 31, 2017 | 132,329) | 119,776) | 76,361) |
| Dec 31, 2016 | 59,911) | 55,058) | 37,240) |
| Dec 31, 2015 | 79,415) | 75,256) | 50,039) |
| Dec 31, 2014 | 55,202) | 51,417) | 34,765) |
| Dec 31, 2013 | 44,109) | 40,131) | 27,219) |
| Dec 31, 2012 | 32,587) | 29,303) | 19,648) |
| Dec 31, 2011 | 34,301) | 30,737) | 20,595) |
| Dec 31, 2010 | 20,066) | 16,398) | 11,309) |
| Dec 31, 2009 | 13,085) | 9,991) | 6,914) |
| Dec 31, 2008 | 19,296) | 15,576) | 10,940) |
| Dec 31, 2007 | 15,465) | 11,508) | 8,250) |
| Dec 31, 2006 | 22,461) | 16,318) | 11,570) |
| Dec 31, 2005 | 15,408) | 11,927) | 8,513) |
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).
Balance Sheet: Assets
Texas Pacific Land Corp., selected items from assets, long-term trends
US$ in thousands
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2023 | 862,464) | 1,156,398) |
| Dec 31, 2022 | 633,401) | 877,427) |
| Dec 31, 2021 | 526,513) | 764,064) |
| Dec 31, 2020 | 332,530) | 571,635) |
| Dec 31, 2019 | —) | 598,176) |
| Dec 31, 2018 | —) | 285,075) |
| Dec 31, 2017 | —) | 127,460) |
| Dec 31, 2016 | —) | 62,454) |
| Dec 31, 2015 | —) | 50,436) |
| Dec 31, 2014 | —) | 33,102) |
| Dec 31, 2013 | —) | 22,357) |
| Dec 31, 2012 | —) | 21,187) |
| Dec 31, 2011 | —) | 27,432) |
| Dec 31, 2010 | —) | 24,989) |
| Dec 31, 2009 | —) | 26,788) |
| Dec 31, 2008 | —) | 30,785) |
| Dec 31, 2007 | —) | 32,657) |
| Dec 31, 2006 | —) | 32,468) |
| Dec 31, 2005 | —) | 32,305) |
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).
Balance Sheet: Liabilities and Stockholders’ Equity
Texas Pacific Land Corp., selected items from liabilities and stockholders’ equity, long-term trends
US$ in thousands
| Current liabilities | Total liabilities | Total debt | Total equity | |
|---|---|---|---|---|
| Dec 31, 2023 | 44,387) | 113,202) | —) | 1,043,196) |
| Dec 31, 2022 | 39,595) | 104,540) | —) | 772,887) |
| Dec 31, 2021 | 50,900) | 112,353) | —) | 651,711) |
| Dec 31, 2020 | 21,376) | 86,451) | —) | 485,184) |
| Dec 31, 2019 | —) | 86,039) | —) | 512,137) |
| Dec 31, 2018 | —) | 40,384) | —) | 244,691) |
| Dec 31, 2017 | —) | 48,267) | —) | 79,193) |
| Dec 31, 2016 | —) | 14,830) | —) | 47,624) |
| Dec 31, 2015 | —) | 4,747) | —) | 45,689) |
| Dec 31, 2014 | —) | 6,383) | —) | 26,720) |
| Dec 31, 2013 | —) | 4,427) | —) | 17,930) |
| Dec 31, 2012 | —) | 5,591) | —) | 15,596) |
| Dec 31, 2011 | —) | 6,885) | —) | 20,547) |
| Dec 31, 2010 | —) | 6,687) | —) | 18,302) |
| Dec 31, 2009 | —) | 7,084) | —) | 19,704) |
| Dec 31, 2008 | —) | 7,260) | —) | 23,525) |
| Dec 31, 2007 | —) | 7,767) | —) | 24,890) |
| Dec 31, 2006 | —) | 8,028) | —) | 24,439) |
| Dec 31, 2005 | —) | 7,691) | —) | 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).
Cash Flow Statement
Texas Pacific Land Corp., selected items from cash flow statement, long-term trends
US$ in thousands
| 12 months ended: | Cash provided by operating activities | Cash used in investing activities | Cash used in financing activities |
|---|---|---|---|
| Dec 31, 2023 | 418,288) | (60,312) | (144,609) |
| Dec 31, 2022 | 447,149) | (21,401) | (336,808) |
| Dec 31, 2021 | 265,163) | (14,997) | (104,948) |
| Dec 31, 2020 | 207,037) | (25,998) | (201,660) |
| Dec 31, 2019 | 342,790) | (111,692) | (50,899) |
| Dec 31, 2018 | 191,649) | (81,533) | (70,049) |
| Dec 31, 2017 | 93,830) | (18,720) | (44,948) |
| Dec 31, 2016 | 40,957) | (959) | (35,592) |
| Dec 31, 2015 | 49,567) | (196) | (31,174) |
| Dec 31, 2014 | 38,852) | (33) | (25,244) |
| Dec 31, 2013 | 30,065) | (34) | (25,217) |
| Dec 31, 2012 | 19,911) | (37) | (24,479) |
| Dec 31, 2011 | 23,931) | (20) | (18,031) |
| Dec 31, 2010 | 11,697) | (15) | (12,683) |
| Dec 31, 2009 | 9,393) | (21) | (10,875) |
| Dec 31, 2008 | 11,441) | (6) | (11,933) |
| Dec 31, 2007 | 9,535) | (27) | (7,878) |
| Dec 31, 2006 | 10,367) | (63) | (11,407) |
| Dec 31, 2005 | 10,332) | (44) | (6,604) |
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).
Per Share Data
Texas Pacific Land Corp., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2023 | 17.60 | 17.59 | 4.33 |
| Dec 31, 2022 | 19.27 | 19.26 | 10.67 |
| Dec 31, 2021 | 11.61 | 11.61 | 3.67 |
| Dec 31, 2020 | 7.57 | 7.57 | 8.67 |
| Dec 31, 2019 | 13.70 | 13.70 | 2.00 |
| Dec 31, 2018 | 8.98 | 8.98 | 1.35 |
| Dec 31, 2017 | 3.24 | 3.24 | 0.45 |
| Dec 31, 2016 | 1.55 | 1.55 | 0.10 |
| Dec 31, 2015 | 2.03 | 2.03 | 0.10 |
| Dec 31, 2014 | 1.38 | 1.38 | 0.09 |
| Dec 31, 2013 | 1.05 | 1.05 | 0.00 |
| Dec 31, 2012 | 0.73 | 0.73 | 0.16 |
| Dec 31, 2011 | 0.74 | 0.74 | 0.07 |
| Dec 31, 2010 | 0.39 | 0.39 | 0.07 |
| Dec 31, 2009 | 0.23 | 0.23 | 0.06 |
| Dec 31, 2008 | 0.35 | 0.35 | 0.06 |
| Dec 31, 2007 | 0.26 | 0.26 | 0.05 |
| Dec 31, 2006 | 0.36 | 0.36 | 0.18 |
| Dec 31, 2005 | 0.26 | 0.26 | 0.04 |
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, 2, 3 Data adjusted for splits and stock dividends.