Texas Pacific Land Trust announced unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported oil and gas royalties of $9,064,633 against $6,574,701 a year ago. Total income was $17,573,001 against $14,721,058 a year ago. Net income was $10,906,970 against $8,995,057 a year ago. Net income per sub-share was $1.37 against $1.10 a year ago. For the year, the company reported oil and gas royalties of $29,996,962 against $24,860,205 a year ago. Total income was $59,940,467 against $79,442,293 a year ago. Net income was $37,239,550 against $50,038,507 a year ago. Net income per sub-share was $4.66 against $6.10 a year ago.