Texas Pacific Land Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 157.97 million compared to USD 191.11 million a year ago. Net income was USD 105.57 million compared to USD 129.84 million a year ago. Basic earnings per share from continuing operations was USD 4.5833 compared to USD 5.61 a year ago. Diluted earnings per share from continuing operations was USD 4.58 compared to USD 5.6067 a year ago.
For the nine months, revenue was USD 464.94 million compared to USD 514.72 million a year ago. Net income was USD 292.54 million compared to USD 346.63 million a year ago. Basic earnings per share from continuing operations was USD 12.69 compared to USD 14.9467 a year ago. Diluted earnings per share from continuing operations was USD 12.68 compared to USD 14.94 a year ago.