Texas Pacific Land is trading at $302.66, up 7.06%, after record third-quarter results beat estimates.

  • On November 4, it reported record third-quarter revenue of $273.4 million and diluted EPS of $2.42, alongside record oil and gas royalty production.
  • Revenue was 4.5% above consensus and EPS beat estimates by 4%; shares rose after the report.
  • Available results indicated no new guidance change.