NYSE:TPLOil and Gas
Texas Pacific Land Data Center Pivot Meets Lofty Valuation And Insider Buying
Texas Pacific Land (NYSE:TPL) agreed to a US$50 million partnership with Bolt Data & Energy to build large scale data centers on its West Texas acreage.
The arrangement includes equity participation and water supply rights contributed by Texas Pacific Land to support the new digital infrastructure projects.
Major shareholder Horizon Kinetics is continuing to accumulate shares, signaling ongoing insider confidence alongside the new data center initiative.
Texas Pacific Land has long been...