Calculation
Total asset turnover | = | Revenues1 | ÷ | Total assets1 | |
---|---|---|---|---|---|
Dec 31, 2023 | 0.55 | = | 631,595) | ÷ | 1,156,398) |
Dec 31, 2022 | 0.76 | = | 667,422) | ÷ | 877,427) |
Dec 31, 2021 | 0.59 | = | 450,958) | ÷ | 764,064) |
Dec 31, 2020 | 0.53 | = | 302,554) | ÷ | 571,635) |
Dec 31, 2019 | 0.82 | = | 490,496) | ÷ | 598,176) |
Dec 31, 2018 | 1.05 | = | 300,220) | ÷ | 285,075) |
Dec 31, 2017 | 1.04 | = | 132,329) | ÷ | 127,460) |
Dec 31, 2016 | 0.96 | = | 59,911) | ÷ | 62,454) |
Dec 31, 2015 | 1.57 | = | 79,415) | ÷ | 50,436) |
Dec 31, 2014 | 1.67 | = | 55,202) | ÷ | 33,102) |
Dec 31, 2013 | 1.97 | = | 44,109) | ÷ | 22,357) |
Dec 31, 2012 | 1.54 | = | 32,587) | ÷ | 21,187) |
Dec 31, 2011 | 1.25 | = | 34,301) | ÷ | 27,432) |
Dec 31, 2010 | 0.80 | = | 20,066) | ÷ | 24,989) |
Dec 31, 2009 | 0.49 | = | 13,085) | ÷ | 26,788) |
Dec 31, 2008 | 0.63 | = | 19,296) | ÷ | 30,785) |
Dec 31, 2007 | 0.47 | = | 15,465) | ÷ | 32,657) |
Dec 31, 2006 | 0.69 | = | 22,461) | ÷ | 32,468) |
Dec 31, 2005 | 0.48 | = | 15,408) | ÷ | 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).
1 US$ in thousands
Comparison to Competitors
Texas Pacific Land Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
---|---|---|---|---|---|
Dec 31, 2023 | 0.55 | 0.75 | 0.59 | 0.89 | 0.38 |
Dec 31, 2022 | 0.76 | 0.91 | 0.84 | 1.08 | 0.50 |
Dec 31, 2021 | 0.59 | 0.65 | 0.51 | 0.82 | 0.35 |
Dec 31, 2020 | 0.53 | 0.39 | 0.30 | 0.54 | 0.22 |
Dec 31, 2019 | 0.82 | 0.59 | 0.46 | 0.70 | 0.19 |
Dec 31, 2018 | 1.05 | 0.63 | 0.52 | 0.81 | 0.41 |
Dec 31, 2017 | 1.04 | 0.53 | 0.40 | 0.68 | 0.30 |
Dec 31, 2016 | 0.96 | 0.42 | 0.26 | 0.66 | 0.23 |
Dec 31, 2015 | 1.57 | 0.49 | 0.30 | 0.77 | 0.29 |
Dec 31, 2014 | 1.67 | 0.75 | 0.45 | 1.13 | 0.34 |
Dec 31, 2013 | 1.97 | 0.87 | 0.46 | 1.21 | 0.35 |
Dec 31, 2012 | 1.54 | 0.99 | 0.49 | 1.36 | 0.38 |
Dec 31, 2011 | 1.25 | 1.17 | 1.60 | 1.41 | 0.40 |
Dec 31, 2010 | 0.80 | 1.07 | 1.21 | 1.22 | 0.36 |
Dec 31, 2009 | 0.49 | 1.02 | 0.98 | 1.29 | 0.35 |
Dec 31, 2008 | 0.63 | 1.64 | 1.69 | 2.02 | 0.58 |
Dec 31, 2007 | 0.47 | 1.44 | 1.05 | 1.61 | 0.51 |
Dec 31, 2006 | 0.69 | 1.54 | 1.11 | 1.67 | 0.55 |
Dec 31, 2005 | 0.48 | 1.54 | 1.68 | 1.72 | 0.58 |
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., total asset turnover, long-term trends, comparison to sector (oil, gas & consumable fuels)
Texas Pacific Land Corp. | Oil, Gas & Consumable Fuels | |
---|---|---|
Dec 31, 2023 | 0.55 | 0.76 |
Dec 31, 2022 | 0.76 | 0.94 |
Dec 31, 2021 | 0.59 | 0.68 |
Dec 31, 2020 | 0.53 | 0.43 |
Dec 31, 2019 | 0.82 | 0.57 |
Dec 31, 2018 | 1.05 | 0.69 |
Dec 31, 2017 | 1.04 | 0.58 |
Dec 31, 2016 | 0.96 | 0.50 |
Dec 31, 2015 | 1.57 | 0.58 |
Dec 31, 2014 | 1.67 | 0.85 |
Dec 31, 2013 | 1.97 | 0.91 |
Dec 31, 2012 | 1.54 | 1.02 |
Dec 31, 2011 | 1.25 | 1.30 |
Dec 31, 2010 | 0.80 | 1.12 |
Dec 31, 2009 | 0.49 | 1.07 |
Dec 31, 2008 | 0.63 | 1.73 |
Dec 31, 2007 | 0.47 | 1.34 |
Dec 31, 2006 | 0.69 | 1.41 |
Dec 31, 2005 | 0.48 | 1.60 |
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. | Energy | |
---|---|---|
Dec 31, 2023 | 0.55 | 0.76 |
Dec 31, 2022 | 0.76 | 0.93 |
Dec 31, 2021 | 0.59 | 0.67 |
Dec 31, 2020 | 0.53 | 0.44 |
Dec 31, 2019 | 0.82 | 0.58 |
Dec 31, 2018 | 1.05 | 0.67 |
Dec 31, 2017 | 1.04 | 0.56 |
Dec 31, 2016 | 0.96 | 0.49 |
Dec 31, 2015 | 1.57 | 0.58 |
Dec 31, 2014 | 1.67 | 0.84 |
Dec 31, 2013 | 1.97 | 0.89 |
Dec 31, 2012 | 1.54 | 1.00 |
Dec 31, 2011 | 1.25 | 1.26 |
Dec 31, 2010 | 0.80 | 1.08 |
Dec 31, 2009 | 0.49 | 1.04 |
Dec 31, 2008 | 0.63 | 1.68 |
Dec 31, 2007 | 0.47 | 1.32 |
Dec 31, 2006 | 0.69 | 1.38 |
Dec 31, 2005 | 0.48 | 1.57 |
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).