Texas Pacific Land Corporation

TPL Energy Oil & Gas E&P

Texas Pacific Land Corporation’s revenue for fiscal 2025 (year ended December 2025) was $798.2 million, up 13.1% from fiscal 2024.

Revenue
+34.6%
EPS
+38.3%
Free cash flow
+84.0%

Quarter to September 2026, against a year earlier

278.38 6.20 +2.28%
Market cap
$18.8B
P/E
32.3×
Fwd P/E
35.9×
Dividend yield
0.85%
F-score
5/9
Altman Z
75.56
Beneish M
−2.25
Dividend safety
77/100

Texas Pacific Land Corporation (TPL) Shares outstanding

Alert me on Shares outstanding

Texas Pacific Land Corporation's shares outstanding at the end of fiscal 2025 was $69.0M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $69.0M. Over the past ten years it has ranged from $69.0M (fiscal 2025) to $73.8M (fiscal 2015) — the current reading is the lowest in ten years. Texas Pacific Land Corporation ranks 37th of 72 Oil & Gas E&P companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $69.0M (0.05%)
FY2024 $69.1M (0.17%)
FY2023 $69.2M (0.52%)
FY2022 $69.5M (0.33%)
FY2021 $69.8M (0.05%)
FY2020 $69.8M 0.00%
FY2019 $69.8M (0.40%)
FY2018 $70.1M (0.87%)
FY2017 $70.7M (1.68%)
FY2016 $71.9M (2.55%)

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $69.0M 0.00%
Jun 2026 $69.0M 0.04%
Mar 2026 $69.0M (0.02%)
Dec 2025 $69.0M 0.00%
43 more quarters

Against its own ten years

Low $69.0M High $73.8M
Ten-year median $69.8M
Current reading's percentile 9

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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