Texas Pacific: 2Q Earnings Snapshot
Texas Pacific: 2Q Earnings Snapshot
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DALLAS (AP) _ Texas Pacific Land Trust (TPL) on Tuesday reported second-quarter earnings of $52.5 million.
The Dallas-based company said it had net income of $6.73 per share.
The landowner posted revenue of $30.3 million in the period.
Texas Pacific shares have climbed 68 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $752, more than doubling in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPL at https://www.zacks.com/ap/TPL
