Texas Pacific Land Trust announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was USD 96.594 million compared to USD 191.324 million a year ago. Operating income was USD 70.542 million compared to USD 175.153 million a year ago. Net income was USD 57.401 million compared to USD 139.998 million a year ago. Basic earnings per share was USD 7.4 compared to USD 18.04 a year ago.