DALLAS (AP) _ Texas Pacific Land Trust (TPL) on Thursday reported third-quarter earnings of $60 million.
The Dallas-based company said it had net income of $7.74 per share.
The landowner posted revenue of $98.5 million in the period.
Texas Pacific shares have increased roughly 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $573.25, a fall of 25% in the last 12 months.