DALLAS (AP) _ Texas Pacific Land Trust (TPL) on Thursday reported fourth-quarter earnings of $71.3 million.

The Dallas-based company said it had net income of $9.20 per share.

The landowner posted revenue of $113.3 million in the period.

For the year, the company reported profit of $320.9 million, or $41.38 per share. Revenue was reported as $490.5 million.

Texas Pacific shares have declined 7% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $726.62, an increase of almost 5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPL at https://www.zacks.com/ap/TPL

Automated Insights, source Associated Press News