Buy Texas Pacific Land - They're Not Making It Any More

Texas Pacific Land Corporation delivered record Q2 2026 revenue, net income, and free cash flow, driven by robust oil, gas, and water royalties. A recent Texas moratorium on new data center grid connections threatens up to 20% of the U.S. pipeline, impacting land and infrastructure demand. The Company's strategic positioning in the Midland region and its water royalty and desalination operations provide diversified exposure to energy and data center trends. Land scarcity and regulatory shifts are catalyzing a new land rush, reinforcing the company's long-term asset value and optionality.

I've titled this article paraphrasing Mark Twain's “Buy land, they're not making it anymore” quote. It's true they are not making land anymore and my buy recommendation is for Texas Pacific Land Corp. ( TPL ), whose monetization of its large land assets provides a unique investment opportunity.