Aug 6 (Reuters) - Texas Pacific Land ( TPL ) reported a

rise in second-quarter core profit on Wednesday, as higher

royalty revenues offset weakness in oil prices.

The results come as the energy industry braces for the

impact of U.S. President Donald Trump's tariff plans, which have

contributed to oil price weakness and raised concerns over

global demand.

The company generates revenue from fixed fees for land use,

construction material sales, water sourcing or treatment

services and oil and gas royalty interests.

Total revenue for the second quarter increased to $187.5

million from $172.3 million a year earlier, driven by a more

than 6% rise in oil and gas royalties to $95 million.

Brent crude averaged 20% lower in the second

quarter compared to the same period last year, weighed down by

U.S. tariffs, their impact on global economic growth, increased

OPEC+ supply and geopolitical tensions.

Texas Pacific's average realized price came in at $63.99 per

barrel of oil in the quarter, marking a 21% decline from the

$80.93 a barrel it realized last year.

The company reported a net income of $116.1 million, or

$5.05 per share, for the second quarter ended June 30, compared

with $114.6 million, or $4.98 per share, a year earlier.