TPL

AI Research

Texas Pacific Land +75% YTD → AI Campus Negotiations, Record $798M 2025 Revenue

Texas Pacific Land Corporation surged approximately 75% year-to-date as the company reported record 2025 revenue of $798 million from its Permian Basin royalty interests and water business, while reportedly in negotiations for large AI data center campus developments on its vast West Texas acreage. The stock has no analyst consensus price target given its unique royalty structure, though strong interest remains from institutional investors. Risks include Permian Basin oil and gas production volatility, potential failure of AI campus negotiations, and limited diversification given heavy reliance on West Texas energy production.