Added to YB: 2026-08-20
Pitch date: 2026-08-13
TPL [neutral]
Texas Pacific Land Corporation
-0.23%
current return
Author Info
Company Info
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.
Market Cap
$23.5B
Pitch Price
$347.33
Price Target
N/A
Dividend
0.71%
EV/EBITDA
31.27
P/E
43.39
EV/Sales
25.89
Sector
Oil, Gas and Consumable Fuels
Category
growth
Permian Basin Q2 Update – Power, Water, Solid Waste, and Data Centers - Texas Pacific Land Corporation
TPL (earnings): Q2 op income +33.4% YoY; 59% rev from O&G royalties, benefiting from higher oil/NGL prices. Produced water pore space +20.6%. CEO working 25GW AI/datacenter projects, hints at imminent announcements. $110.2M out-of-basin land buy w/ Bolt Data spooked market over capital allocation, but author sees datacenter water-supply thesis playing out. Possible future split into royalty + operating co.
Read full article (2 min)