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Texas Pacific Land Trust Fourth Quarter Earnings Release (Unaudited)

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Texas Pacific Land Trust Fourth Quarter Earnings Release (Unaudited) Powered By Docstoc
					
				
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posted:1/31/2013
language:Japanese
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Description: DALLAS--(BUSINESS WIRE)--Texas Pacific Land Trust (NYSE:TPL):   TEXAS PACIFIC LAND TRUST           REPORT OF OPERATIONS - UNAUDITED   Three Months Ended   December 31, 2012 December 31, 2011   Rentals, royalties and other income $ 7,276,793 $ 6,514,422   Land sales   --   4,725,140   Total income $ 7,276,793 $ 11,239,562   Provision for income tax $ 2,104,711 $ 3,449,425   Net income $ 4,113,797 $ 6,560,335   Net income per sub-share $ .47 $ .71   Average sub-shares outstanding during period 8,8 a style='fon
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