Texas Pacific Land Trust reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of $8,234,892 or $0.99 per sub share on rentals, royalties and other income of $11,590,486 against net income of $7,519,106 or $0.88 per sub share on rentals, royalties and other income of $11,623,283 a year ago. Total income was $13,295,068 compared to $12,503,683 a year ago.

For the full year, the company reported net income of $34,765,020 or $4.14 per sub share on rentals, royalties and other income of $51,518,441 against net income of $27,218,508 or $3.16 per sub share on rentals, royalties and other income of $37,707,491 a year ago. Total income was $55,216,753 compared to $44,121,079 a year ago.