Texas Pacific Land (TPL) Quick Ratio: History & Chart

Texas Pacific Land Corporation (TPL)TPLTexas Pacific Land Corporation

About Texas Pacific Land Corporation

Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.

Dallas, TX

114 employees

www.texaspacific.com

Energy / Oil & Gas Exploration & Production

Sector: Energy
Industry: Oil & Gas Exploration & Production
CEO: Tyler Glover

View full financials

TPL Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

4.55

QUICK RATIO (ACID-TEST) AVG TTM

6.91

QUICK RATIO (ACID-TEST) AVG 3Y

9.31

QUICK RATIO (ACID-TEST) AVG 5Y

8.11

QUICK RATIO (ACID-TEST) AVG 10Y

9.23

QUICK RATIO (ACID-TEST) AVG 15Y

9.36

QUICK RATIO (ACID-TEST) AVG 20Y

8.46

CURRENT VS TTM AVG

-34.15%

CURRENT VS 3Y AVG

-51.10%

CURRENT VS 5Y AVG

-43.85%

CURRENT VS 10Y AVG

-50.69%

CURRENT VS 15Y AVG

-51.35%

CURRENT VS 20Y AVG

-46.18%

SECTOR MEDIAN · ENERGY

1.08

median of 32 covered companies

CURRENT VS SECTOR MEDIAN

+323.43%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Texas Pacific Land Corporation (TPL)	$23.77B	4.55	6.91	9.31	8.11
Expand Energy Corporation (EXE)vs ›	$22.39B	N/A	0.82	1.16	0.98
Halliburton Company (HAL)vs ›	$28.01B	1.50	1.52	1.51	1.57
Tenaris S.A. (TS)vs ›	$28.48B	2.59	2.21	2.08	2.01
Devon Energy Corporation (DVN)vs ›	$31.44B	0.67	0.93	1.01	1.27
APA Corporation (APA)vs ›	$14.27B	0.78	0.85	0.83	0.88
Venture Global, Inc. (VG)vs ›	$33.44B	1.11	1.05	1.36	1.36
EQT Corporation (EQT)vs ›	$33.76B	N/A	0.73	0.88	0.78
Antero Midstream Corporation (AM)vs ›	$10.55B	N/A	2.29	1.60	1.36
Weatherford International plc (WFRD)vs ›	$6.69B	1.77	1.57	1.53	1.60

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Texas Pacific Land Corporation (TPL)

$23.77B

4.55

6.91

9.31

8.11

Expand Energy Corporation (EXE)vs ›

$22.39B

N/A

0.82

1.16

0.98

Halliburton Company (HAL)vs ›

$28.01B

1.50

1.52

1.51

1.57

Tenaris S.A. (TS)vs ›

$28.48B

2.59

2.21

2.08

2.01

Devon Energy Corporation (DVN)vs ›

$31.44B

0.67

0.93

1.01

1.27

APA Corporation (APA)vs ›

$14.27B

0.78

0.85

0.83

0.88

Venture Global, Inc. (VG)vs ›

$33.44B

1.11

1.05

1.36

EQT Corporation (EQT)vs ›

$33.76B

N/A

0.73

0.88

0.78

Antero Midstream Corporation (AM)vs ›

$10.55B

N/A

2.29

1.60

1.36

Weatherford International plc (WFRD)vs ›

$6.69B

1.77

1.57

1.53

1.60

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Texas Pacific Land Corporation (TPL)?

The quick ratio (acid-test) for TPL stock is 4.55.

Is Texas Pacific Land Corporation's quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 4.55 is 44% below its 5-year average of 8.11, near the low end of its 5-year range (4.23–17.16).

What is the TTM average quick ratio (acid-test) for Texas Pacific Land Corporation (TPL)?

The TTM average quick ratio (acid-test) for TPL stock is 6.91.

What is the 3Y average quick ratio (acid-test) for Texas Pacific Land Corporation (TPL)?

The 3Y average quick ratio (acid-test) for TPL stock is 9.31.

What is the 5Y average quick ratio (acid-test) for Texas Pacific Land Corporation (TPL)?

The 5Y average quick ratio (acid-test) for TPL stock is 8.11.

What is the 10Y average quick ratio (acid-test) for Texas Pacific Land Corporation (TPL)?

The 10Y average quick ratio (acid-test) for TPL stock is 9.23.

What is the 15Y average quick ratio (acid-test) for Texas Pacific Land Corporation (TPL)?

The 15Y average quick ratio (acid-test) for TPL stock is 9.36.

What is the 20Y average quick ratio (acid-test) for Texas Pacific Land Corporation (TPL)?

The 20Y average quick ratio (acid-test) for TPL stock is 8.46.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	4.55
2026-03-31	4.23
2025-12-31	4.40
2025-09-30	9.75
2025-06-30	11.64
2025-03-31	7.05
2024-12-31	8.33
2024-09-30	9.95
2024-06-30	17.16
2024-03-31	11.10
2023-12-31	13.68
2023-09-30	9.87
2023-06-30	9.30
2023-03-31	7.84
2022-12-31	9.22
2022-09-30	7.95
2022-06-30	5.67
2022-03-31	6.15
2021-12-31	6.18
2021-09-30	7.63
2021-06-30	7.66
2021-03-31	7.90
2020-12-31	5.66
2020-09-30	13.32
2020-06-30	11.50
2020-03-31	5.06
2019-12-31	10.61
2019-09-30	9.52
2019-06-30	5.74
2019-03-31	11.13
2018-12-31	14.13
2018-09-30	12.26
2018-06-30	9.41
2018-03-31	6.33
2017-12-31	15.09
2017-09-30	8.82
2017-06-30	22.86
2017-03-31	7.00
2016-12-31	17.96
2016-09-30	31.00
2016-06-30	26.90
2016-03-31	9.35
2015-12-31	28.62
2015-09-30	12.48
2015-06-30	12.50
2015-03-31	4.32
2014-12-31	21.97
2014-09-30	12.62
2014-06-30	10.00
2014-03-31	5.29
2013-12-31	14.34
2013-09-30	5.12
2013-06-30	11.41
2013-03-31	7.26
2012-12-31	13.19
2012-09-30	10.24
2012-06-30	11.17
2012-03-31	5.27
2011-12-31	9.80
2011-09-30	9.46
2011-06-30	9.39
2011-03-31	5.69
2010-12-31	1.50
2010-09-30	15.96
2010-06-30	11.62
2010-03-31	8.43
2009-12-31	1.51
2009-09-30	14.10
2009-06-30	21.22
2009-03-31	19.48
2008-12-31	1.66
2008-09-30	0.00
2008-06-30	0.00
2008-03-31	0.00
2007-12-31	4.15
2007-09-30	0.00
2007-06-30	0.00
2007-03-31	0.00
2006-12-31	0.00
2006-09-30	0.00
2006-06-30	0.00
2006-03-31	0.00
2005-12-31	0.00
2005-09-30	0.00
2005-06-30	0.00
2005-03-31	0.00
2004-12-31	0.00
2004-09-30	0.00
2004-06-30	0.00
2004-03-31	0.00
2003-12-31	0.00
2003-09-30	0.00
2003-06-30	0.00
2003-03-31	0.00
2002-12-31	0.00
2002-09-30	0.00

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

4.55

2026-03-31

4.23

2025-12-31

4.40

2025-09-30

9.75

2025-06-30

11.64

2025-03-31

7.05

2024-12-31

8.33

2024-09-30

9.95

2024-06-30

17.16

2024-03-31

11.10

2023-12-31

13.68

2023-09-30

9.87

2023-06-30

9.30

2023-03-31

7.84

2022-12-31

9.22

2022-09-30

7.95

2022-06-30

5.67

2022-03-31

6.15

2021-12-31

6.18

2021-09-30

7.63

2021-06-30

7.66

2021-03-31

7.90

2020-12-31

5.66

2020-09-30

13.32

2020-06-30

11.50

2020-03-31

5.06

2019-12-31

10.61

2019-09-30

9.52

2019-06-30

5.74

2019-03-31

11.13

2018-12-31

14.13

2018-09-30

12.26

2018-06-30

9.41

2018-03-31

6.33

2017-12-31

15.09

2017-09-30

8.82

2017-06-30

22.86

2017-03-31

7.00

2016-12-31

17.96

2016-09-30

31.00

2016-06-30

26.90

2016-03-31

9.35

2015-12-31

28.62

2015-09-30

12.48

2015-06-30

12.50

2015-03-31

4.32

2014-12-31

21.97

2014-09-30

12.62

2014-06-30

10.00

2014-03-31

5.29

2013-12-31

14.34

2013-09-30

5.12

2013-06-30

11.41

2013-03-31

7.26

2012-12-31

13.19

2012-09-30

10.24

2012-06-30

11.17

2012-03-31

5.27

2011-12-31

9.80

2011-09-30

9.46

2011-06-30

9.39

2011-03-31

5.69

2010-12-31

1.50

2010-09-30

15.96

2010-06-30

11.62

2010-03-31

8.43

2009-12-31

1.51

2009-09-30

14.10

2009-06-30

21.22

2009-03-31

19.48

2008-12-31

1.66

2008-09-30

0.00

2008-06-30

0.00

2008-03-31

0.00

2007-12-31

4.15

2007-09-30

0.00

2007-06-30

0.00

2007-03-31

0.00

2006-12-31

0.00

2006-09-30

0.00

2006-06-30

0.00

2006-03-31

0.00

2005-12-31

0.00

2005-09-30

0.00

2005-06-30

0.00

2005-03-31

0.00

2004-12-31

0.00

2004-09-30

0.00

2004-06-30

0.00

2004-03-31

0.00

2003-12-31

0.00

2003-09-30

0.00

2003-06-30

0.00

2003-03-31

0.00

2002-12-31

0.00

2002-09-30

0.00

Quick Ratio (Acid-Test): 4.55

TPL Quick Ratio

TPL Average Quick Ratio (Acid-Test) Chart

TPL Current vs Average Quick Ratio (Acid-Test) Chart

TPL Quick Ratio (Acid-Test) Metrics

TPL Competitors' Quick Ratio (Acid-Test)

Liquidity Comparison

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

TPL Quick Ratio (Acid-Test) History

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