Why is Texas Pacific Land Corporation stock rising?
Project Kilby: Chevron-sponsored multi-gigawatt power/data center campus in Reeves County ties TPL land and water supply into a long-term infrastructure opportunity.
Data-center/power pipeline: TPL is advancing 25 gigawatts of potential projects with hyperscalers, AI labs and power generators and expects major definitive agreements in the near term.
Orla Phase 2b desalination ramp: TPL will commission and ramp the 10,000 barrels-per-day freeze desalination facility to prove produced-water treatment at scale.
Freeze-desalination colocation: TPL is discussing direct chip-cooling applications with hyperscalers and AI labs, using its freeze process to create chilled water/ice.
New Permian gas pipeline capacity entering service over the next few quarters may shift development back to the Delaware Basin and improve TPL water sales mix.
Get valuation models, detailed research reports, thematic primers, one-pagers, risk analysis, growth triggers, bear case, capex tracker, walk the talk, and more for Texas Pacific Land Corporation and 4,900+ companies.