Texas Pacific Land Corporation (TPL) FY2026 Q2 Balance Sheet

Texas Pacific Land Corporation (TPL) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

1,859,474,000 US dollars

Current assets

428,444,000 US dollars

Non-current assets

1,431,030,000 US dollars

Liabilities

187,076,000 US dollars

Current liabilities

94,125,000 US dollars

Non-current liabilities

92,951,000 US dollars

Equity

1,672,398,000 US dollars

Cash and cash equivalents

248,612,000 US dollars

Accounts receivable and accrued receivables, net

174,770,000 US dollars

Prepaid expenses and other current assets

5,062,000 US dollars

Tax like-kind exchange escrow

0 US dollars

Prepaid income taxes

0 US dollars

Royalty interests acquired, net

820,373,000 US dollars

Real estate acquired

289,291,000 US dollars

Property, plant and equipment, net

182,877,000 US dollars

Equity investment

50,000,000 US dollars

Intangible assets, net

31,675,000 US dollars

Other assets

23,308,000 US dollars

Financing receivable, net

20,376,000 US dollars

Operating lease right-of-use assets

13,130,000 US dollars

1/16th and 1/128th nonparticipating perpetual royalty interests - 1/16th and 1/128th nonparticipating perpetual royalty interests

0 US dollars

Land (surface rights) - Land (surface rights)

0 US dollars

Accounts payable and accrued expenses

40,775,000 US dollars

Income taxes payable

28,933,000 US dollars

Unearned revenue

18,986,000 US dollars

Ad valorem and other taxes payable

5,431,000 US dollars

Credit facility

0 US dollars

Deferred taxes payable

59,298,000 US dollars

Unearned revenue - noncurrent

18,036,000 US dollars

Operating lease liabilities

15,513,000 US dollars

Accrued liabilities - noncurrent

104,000 US dollars

Commitments and contingencies (Note 12)

0 US dollars

Retained earnings

1,793,936,000 US dollars

Additional paid-in capital

7,011,000 US dollars

Accumulated other comprehensive income

3,433,000 US dollars

Common stock, $0.01 par value; 139,610,808 shares authorized as of June 30, 2026 and December 31, 2025, 68,974,683 and 68,938,230 outstanding as of June 30, 2026 and December 31, 2025, respectively

691,000 US dollars

Preferred stock, $0.01 par value; 1,000,000 shares authorized, none outstanding as of June 30, 2026 and December 31, 2025

0 US dollars

Treasury stock, at cost; 283,545 and 319,998 shares as of June 30, 2026 and December 31, 2025, respectively

negative 132,673,000 US dollars

Gross equity (calculated)

1,805,071,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.