Texas Pacific: 3Q Earnings Snapshot
Texas Pacific: 3Q Earnings Snapshot
DALLAS (AP) _ Texas Pacific Land Trust (TPL) on Wednesday reported third-quarter earnings of $50.8 million.
On a per-share basis, the Dallas-based company said it had profit of $6.52.
The landowner posted revenue of $31.3 million in the period.
Texas Pacific shares have climbed 71 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $762.32, a climb of 87 percent 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