Texas Pacific Land Corporation stock has surged 76% year-to-date, driven by its expansion into supplying the AI sector. The company, known for its oil and gas royalty business, now provides land, water, and power for data centers, with a major project to build 10 gigawatts of data center capacity attracting significant interest.
The stock of Texas Pacific Land Corporation has climbed 76% since the start of the year. This surge is attributed to the company providing lending services to the artificial intelligence industry.
Texas Pacific Land Corp primarily operates an extensive oil and gas royalty business across roughly 880,000 surface acres. It has now entered the AI segment by becoming a data center supplier across Texas.
The company provides land at discounted rates along with energy and water access. It charges data centers extra rent for adding necessary infrastructure like pipelines and power lines.
Just water sales accounted for about 38% of the company’s revenues in 2025. The firm is a major water producer in Texas and operates its own water treatment facility.
Revenue is already up by approximately 14% aided by rising oil and gas prices. The company is working on an ambitious project to build 10 gigawatts of data centers on its land.
The idea is already finding takers with a startup called Bolt, which is led by former Google CEO Eric Schmidt. This positions TPL with aspirations to become a top AI data center service leader.
