logo
Share SHARE
FONT-SIZE Plus   Neg

Texas Pacific Land Trust Q1 Profit Rises - Quick Facts

Texas Pacific Land Trust (TPL: Quote) reported first-quarter net income of $5.94 million or $0.65 per share, compared to $3.36 million or $0.35 per share last year.

Total income, the total of rentals, royalties and other income and land sales, for the quarter rose to $9.58 million from $5.72 million in the comparable quarter last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Warren Buffett's Berkshire Hathaway is reportedly planning its first ever European bond sale of 3 billion euros to take advantage of low interest rates in the region, traversing a path taken by a range of home companies in search of cheap funding options. The move comes as the European Central Bank's bond-buying stimulus program of 60 billion euros a month is imminent. Diary products company Prairie Farms is teaming up with Just Born, the maker of marshmallow candies PEEPS, to launch PEEPS flavored milk just in time for Easter. HKBN Ltd. has reportedly raised about $750 million after the broadband service provider priced its initial public offering at the top end of the price range. Private-equity group CVC Capital Partners, an unit of Carlyle Group L.P. (CG), Singapore's sovereign-wealth fund GIC Ltd., and other shareholders...
comments powered by Disqus
Follow RTT