🟢 Texas Pacific Land is trading 5% up in pre-market after EPS beat and record operating results

Texas Pacific Land is trading 5.16% up now at $374 after investors reassessed its mixed second-quarter results.

• Revenue reached $246.1 million, below estimates, while diluted EPS of $2.23 exceeded consensus.
• Record net income, adjusted EBITDA, and free cash flow provided support; the company highlighted water, energy-infrastructure, and data-center opportunities.
• The move follows a 6.87% decline on August 6.