TPL (Texas Pacific Land) Accumulated Depreciation: $-153.4 Mil (As of Jun. 2026)

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TPL Texas Pacific Land Corp TPL
87 GF Score
Price $358.52
GF Value $397.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Texas Pacific Land Accumulated Depreciation?

Texas Pacific Land TPL +3.31% 87 Accumulated Depreciation is $-153.4 Mil as of Jun. 2026. GuruFocus rates TPL with a GF Score™ of 87/100 and a GF Value™ of $397.06 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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 increased from Dec. 2025 ($-124.2 Mil) to Mar. 2026 ($-137.5 Mil) and increased from Mar. 2026 ($-137.5 Mil) to Jun. 2026 ($-153.4 Mil).

Texas Pacific Land's annual accumulated depreciation increased from Dec. 2023 ($-62.0 Mil) to Dec. 2024 ($-70.5 Mil) and increased from Dec. 2024 ($-70.5 Mil) to Dec. 2025 ($-124.2 Mil).

Texas Pacific Land Accumulated Depreciation Related Terms

Texas Pacific Land Accumulated Depreciation Historical Data

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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.

Texas Pacific Land Accumulated Depreciation Chart

Texas Pacific Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.56 -52.91 -62.04 -70.48 -124.22

Texas Pacific Land Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -94.84 -109.21 -124.22 -137.50 -153.37
TPL
87GF Score
Texas Pacific Land Corp TPL
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

What does a Accumulated Depreciation of $-153.4 Mil mean?
Texas Pacific Land (TPL) has a Accumulated Depreciation of $-153.4 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Texas Pacific Land and its competitors.
Is Texas Pacific Land's Accumulated Depreciation too high?
Texas Pacific Land's current Accumulated Depreciation is $-153.4 Mil. Overall, Texas Pacific Land has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's Accumulated Depreciation compare to EQT and EXE?
Texas Pacific Land's Accumulated Depreciation of $-153.4 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Texas Pacific Land and its competitors. Texas Pacific Land's current Accumulated Depreciation is $-153.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Pacific Land stock overvalued right now?
Based on GuruFocus' analysis, Texas Pacific Land (TPL) is currently considered Modestly Undervalued. The stock's GF Value™ is $397.06, compared to a current price of $358.52 — trading 9.7% below its estimated fair value. The current Accumulated Depreciation is $-153.4 Mil. Texas Pacific Land's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current Accumulated Depreciation is $-153.4 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Texas Pacific Land (TPL) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Pacific Land stock appears to be undervalued. The current stock price of $358.52 is trading 9.7% below its estimated GF Value™ of $397.06. GuruFocus considers Texas Pacific Land to be Modestly Undervalued.

Key valuation signals for TPL:

  • Accumulated Depreciation: $-153.4 Mil
  • GF Value™: $397.06 vs. price of $358.52 (9.7% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Texas Pacific Land Business Description

Industry EnergyOil & Gas
Other Exchanges 9WY:Germany
Address 2699 Howell Street, Suite 800, Dallas, TX, USA, 75204
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
87GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$358.52
Price
$397.06
GF Value