Texas Pacific Land Trust announced unaudited earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported oil and gas royalties of $6,574,701 against $6,532,555 a year ago. Total income was $14,721,058 against $13,295,068 a year ago. Net income was $8,995,057 against $8,234,892 a year ago. Net income per sub-share was $1.10 against $0.99 a year ago.

For the year, the company reported oil and gas royalties of $24,860,205 against $29,346,103 a year ago. Total income was $79,442,293 against $55,216,753 a year ago. Net income was $50,038,507 against $34,765,020 a year ago. Net income per sub-share was $6.10 against $4.14 a year ago.