Texas Pacific Land is trading at $302.43, up +5.14% in pre-market after record third-quarter revenue and diluted EPS exceeded analyst estimates.

  • Revenue was $273.4 million and diluted EPS was $2.42; royalty production and produced-water volumes also reached records.
  • The release followed a 13.36% decline in the November 4 regular session; the pre-market move appears to be a rebound on the results.
  • The earnings call is scheduled for November 5; no pre-market volume data was provided.