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Texas Pacific: 3Q Earnings Snapshot

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.

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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