Texas Pacific Land Q2 Earnings, Revenue Rise

MT Newswires Live

08/06

Texas Pacific Land (TPL) reported Q2 earnings late Wednesday of $2.23 per diluted share, up from $2.07 a year earlier.

Two analysts polled by FactSet expected $2.18.

Revenue for the quarter ended June 30 rose to $246.1 million, from $236.8 million a year earlier.

Two analysts expected $249.5 million.

The company maintained its quarterly dividend at $0.60 per share, payable Sept. 15 to holders of record on Sept. 1.

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