How does TPL's profit margin and cash flow this quarter compare to the same period last year and to key competitors?

Answer

The press release you referenced – “Texas Pacific Land Corporation Announces Record Second Quarter Results and Annual Stockholder Meeting Date” – announces that Texas Pacific Land (TPL) posted a “record” second‑quarter performance, but it does not include the specific financial metrics (e.g., net profit, profit margin, operating cash flow, or comparable figures for the prior year). Because the release does not disclose those numbers, we can’t calculate a precise quarter‑over‑quarter change for TPL’s profit margin or cash‑flow, nor can we benchmark those results against its major peers.

Below is a concise summary of what we can and cannot determine from the information provided, together with guidance on where the missing data would normally be found and how you could compare it to competitors.

1. What the release tells us

Missing details – No actual figures for:
- Revenue or net sales
- Gross profit, operating profit, or net income
- Profit margin (gross, operating, or net)
- Operating cash flow or free cash flow
- Year‑over‑year (YoY) or quarter‑over‑quarter (QoQ) percentage changes
- Any segment‑level data (e.g., oil & gas, land‑lease, mineral royalties)

2. Why we can’t compute the requested comparison

Because none of these numbers appear in the brief you posted, any quantitative comparison would be speculative.

3. How you could obtain the needed numbers

1. SEC Filings (Form 10‑Q for Q2 2025) – Public companies in the U.S. file quarterly reports with the SEC that contain:

   • Consolidated statements of operations (income statement) → profit margin calculations.
   • Consolidated statements of cash flows → operating cash flow, investing cash flow, financing cash flow, and free cash flow.
   • Management’s discussion & analysis (MD&A) – often includes YoY and QoQ percentage changes.

2. Investor Relations Website – Texas Pacific Land typically posts a “Quarterly Results” slide deck or press release with key metrics (e.g., net income, adjusted EBITDA, cash‑flow, dividend, etc.). The “record” language in the press release usually accompanies a table of figures.

3. Financial Data Platforms (Bloomberg, FactSet, S&P Capital IQ, Yahoo! Finance, etc.) – These services aggregate the same SEC data and often provide:

   • Historical profit‑margin trends.
   • Peer‑group comparisons (e.g., vs. EOG Resources (EOG), Occidental Petroleum (OXY), Kinder Morgan (KMI), ConocoPhillips (COP), etc.) that operate in the land‑lease, mineral‑royalty, or mid‑stream space.

4. Analyst Reports – Brokerage research notes released after earnings often highlight YoY margin expansion/contraction and cash‑flow performance relative to peers.

4. Typical way to evaluate the metrics once the data is in hand

5. What you can reasonably infer from the “record” language

• Profitability – A “record” quarter usually means the highest net income or adjusted EBITDA ever reported, which often coincides with the largest profit margin in the company’s history.
  
• Cash generation – Record cash‑flow language suggests operating cash flow (or free cash flow) topped prior quarters, potentially providing more liquidity for dividend payouts, share repurchases, or strategic land‑acquisition projects.
  
• Relative to peers – If TPL is achieving a historic high, it may be closing the gap with larger mid‑stream operators that traditionally post higher margins (e.g., Kinder Morgan). However, without peer data we can’t confirm whether TPL now leads, matches, or still trails the industry median.

6. Suggested next steps for a complete, data‑driven answer

1. Download the latest Form 10‑Q (or the “Quarterly Results” slide deck) from the Texas Pacific Land investor‑relations portal.
   
2. Extract:
   • Q2 2025 revenue, net income, operating income, and cash‑flow figures.
   • The same figures for Q2 2024 (for YoY comparison).
     
3. Compute the profit‑margin percentages and cash‑flow growth rates.
   
4. Identify a set of key competitors (e.g., Kinder Morgan (KMI), Occidental Petroleum (OXY), EOG Resources (EOG), ConocoPhillips (COP)) and pull their Q2 2025 and Q2 2024 margins/cash‑flows from the same SEC filings or a financial data platform.
   
5. Tabulate the results side‑by‑side and add a brief commentary on:
   • Whether TPL’s margins are expanding faster or slower than peers.
   • Whether TPL’s cash‑flow growth is more robust relative to the capital‑intensive nature of the business.
     

7. Bottom line

Based solely on the press release you provided, we cannot quantify TPL’s profit margin or cash‑flow performance relative to the prior year or to its competitors.

To answer the question accurately, you’ll need to retrieve the detailed financial statements (Form 10‑Q, earnings slide deck, or a reliable financial‑data source) and then perform the margin and cash‑flow calculations described above. Once those numbers are in hand, a clear, quantitative comparison can be drawn.

If you can share the specific figures from the SEC filing or the earnings presentation, I’d be happy to run the calculations and provide a detailed comparative analysis right away.