NYSE:TPLOil and Gas
Why Texas Pacific Land (TPL) Is Up 8.2% After Data Center Pivot And Stock Split Announcement
Texas Pacific Land recently announced a partnership with Bolt Data & Energy to develop large-scale data center campuses on its West Texas land, including a US$50 million investment and water-supply rights, alongside confirming a three-for-one stock split effective December 22, 2025, with split-adjusted trading beginning December 23, 2025.
This move marks a push to monetise its land and water assets beyond traditional oil and gas royalties, potentially reshaping how investors think about the...