Loading...
•
Mar 31
Texas Pacific Q1 2025 Earnings Report
Texas Pacific Land Corporation reported strong financial and operational results in Q1 2025.
Key Takeaways
Texas Pacific Land Corporation delivered a robust Q1 2025 with record oil and gas royalty production and water segment revenues, resulting in solid earnings and free cash flow.
Set a company record with oil and gas royalty production of 31.1 thousand Boe per day.
Achieved record revenue of $69.4 million in the Water Services and Operations segment.
Generated $120.7 million in net income and $126.6 million in free cash flow.
Declared a quarterly dividend of $1.60 per share.
Texas Pacific
Texas Pacific
Texas Pacific Revenue by Segment
Texas Pacific Revenue by Geographic Location
Revenue by Segment
Oil & Gas Royalties Revenue
CapyFin.comWater Sales Revenue
CapyFin.comProduced Water Royalties Revenue
CapyFin.comSurface-Related Income Revenue
CapyFin.comRevenue by Geographic Location
United States Revenue
CapyFin.com Forward Guidance
The company remains optimistic due to resilient operations, strong activity levels, and a debt-free balance sheet despite potential economic volatility.
Positive Outlook
- Strong start to the year with record-setting production and revenue.
- Resilient business model with high-margin cash flows.
- Robust financial profile with no debt.
- Ample cash allows opportunistic investments.
- Embedded hedges mitigate oil price volatility.
Challenges Ahead
- Potential impact from broader economic volatility.
- Revenue dependent on commodity prices.
- Operating expenses increased due to water service costs.
- Depletion expense increased due to recent acquisitions.
- Land sales revenue dropped to zero this quarter.