News
Texas Pacific Land Trust Announces First Quarter 2018 Financial Results
Net income of $43.8 million, or $5.60 per sub-share, for first quarter 2018, compared with $19.3 million, or $2.43 per sub-share, for first quarter 2017. Revenues of $60.0 million for first quarter 2018, compared with $30.4 million for first quarter 2017. Increases of 181.8% in water sales and royalty revenue, 150.7% in oil and gas royalty revenue, and 14.2% in...
Net income of $43.8 million, or $5.60 per sub-share, for first quarter 2018, compared with $19.3 million, or $2.43 per sub-share, for first quarter 2017. Revenues of $60.0 million for first quarter 2018, compared with $30.4 million for first quarter 2017. Increases of 181.8% in water sales and royalty revenue, 150.7% in oil and gas royalty revenue, and 14.2% in...