Texas Pacific Land (TPL) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter was slightly lower than the immediately preceding quarter. Compared to the same quarter one year earlier, revenue was higher.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter was slightly lower than the immediately preceding quarter. Compared to the same quarter one year earlier, revenue was higher.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$172.3M
Revenue reported for this quarter.
Quarter-over-quarter
-1.0%
Change from the immediately preceding quarter.
Year-over-year
+7.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$671.1M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $158M | -17.3% |
| Dec 31, 2023 | $166.7M | +9.1% |
| Mar 31, 2024 | $174.1M | +19.0% |
| Jun 30, 2024 | $172.3M | +7.3% |
Revenue performance
The reported revenue reflects a modest decline from the prior quarter. The year-over-year comparison shows an increase.
Quarterly comparison
Revenue decreased compared to the prior quarter but increased compared to the same quarter last year.
What to watch
The sequential decline in revenue may warrant attention in the next quarter.