Texas Pacific Land (STU:9WY) Accumulated Depreciation : €-60.3 Mil (As of Mar. 2024)

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What is Texas Pacific Land Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Texas Pacific Land's quarterly accumulated depreciation declined from Sep. 2023 (€-59.5 Mil) to Dec. 2023 (€-56.9 Mil) but then increased from Dec. 2023 (€-56.9 Mil) to Mar. 2024 (€-60.3 Mil).

Texas Pacific Land's annual accumulated depreciation increased from Dec. 2021 (€-35.9 Mil) to Dec. 2022 (€-49.9 Mil) and increased from Dec. 2022 (€-49.9 Mil) to Dec. 2023 (€-56.9 Mil).

Texas Pacific Land Accumulated Depreciation Historical Data

The historical data trend for Texas Pacific Land's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Texas Pacific Land Accumulated Depreciation Chart

Texas Pacific Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-10.42

-21.19

-35.89

-49.94

-56.89

Texas Pacific Land Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-52.52	-55.42	-59.48	-56.89	-60.30

Texas Pacific Land Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Texas Pacific Land Accumulated Depreciation Related Terms

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Texas Pacific Land (STU:9WY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texas Pacific Land Corp (STU:9WY) » Definitions » Accumulated Depreciation

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TPL:USA

Address

1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201

Website

https://www.texaspacific.com

Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.

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