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-0.00185347121891854 -0.00281347426051233 -0.00020910957341628 -0.00106931031860673 -0.00307942361797566 0.00175842141282045 0.00159683674245311 0.00195802600562711
Stock impact report

Texas Pacific Land Ties Permian Acreage To Data Infrastructure Growth [Yahoo! Finance]

Texas Pacific Land Corporation (TPL) 
Last texas pacific land corporation earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: tpltrust.com
Company Research Source: Yahoo! Finance
Texas Pacific Land (NYSE:TPL) is committing US$50 million to data infrastructure, expanding beyond its traditional energy royalty model. The move introduces a new revenue stream tied to data related uses of its land holdings. This development follows a week in which most market attention around the stock centered on valuation and historical share performance. Texas Pacific Land has long been known for its energy related royalties across its extensive land position in Texas. By putting US$50 million into data infrastructure, the company is starting to connect its physical assets to the build out of data centers and related facilities. For you as an investor, this adds a different type of exposure alongside oil and gas activity on the land. The data infrastructure sector has been supported by demand for cloud computing, artificial intelligence workloads and high capacity connectivity. Texas Pacific Land's decision to participate in this area gives you a new angle to assess when Show less Read more
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