TPL
NYSE · Energy
Texas Pacific Land Corp
$351.89
-29.99 (-7.85%)
TPL News30 articles
IPH Launches Share Buyback, ASX Rises on Tech Gains
IPH Limited initiates a share repurchase program for up to 12.23 million shares, coinciding with a market rebound led by technology and healthcare sectors. Several stocks face valuation reassessments amid shifting investor sentiment.
Plug Power Slips as Texas Asset Sale Raises Cash Burn Questions
Plug Power shares slipped 1.9% to $2.05 as the company closed a Texas asset sale, raising concerns about its cash burn and liquidity position.
Plug Power Drops 4.6% as Texas Asset Sale Nears Liquidity Test
Plug Power shares fell 4.6% to $2.09 on Friday as investors focus on a Texas asset sale due by July 31 that could add over $80 million to liquidity.
Plug Power Dips 4.6% as $50M Texas Sale Nears Liquidity Inflection
Plug Power (PLUG) closed 4.6% lower at $2.09 on Friday. The company expects $50 million from its Texas project by July 31, a key liquidity event.
Texas Instruments Q2 Revenue Hits Record, Cash Conversion Surges
Texas Instruments (NASDAQ:TXN) reported record Q2 revenue of $5.46 billion, beating estimates and showing a surge in cash conversion to 95% of net income, excluding CHIPS Act grants.
Plug Power Shares Rebound on $80M Asset Sale Plan; Texas Deal Key
Plug Power stock gained 5% Tuesday after announcing asset sales that could bring in over $80 million, with the Texas transaction being the linchpin.
Toyota's $3.6B Texas Expansion: $24K Per Unit Capacity Cost
Toyota will spend $3.6 billion to add 150,000 units of Tacoma capacity in Texas, costing $24,000 per unit. The project faces tariff uncertainty and a 2030 startup.
MARA Holdings Retreats on Texas Power Deal Uncertainty
MARA Holdings shares gave back gains after announcing a $600 million Texas power site acquisition with no named tenant, raising concerns about financing and revenue.
MARA Holdings Slips After Texas Deal Cap, Tenant Uncertainty
MARA Holdings dropped 5.5% Friday, giving back most of Thursday's gains, after an SEC filing revealed a $600 million ceiling for its Texas project buyout.
MARA Holdings Surges on Texas AI Data Center Plan, Tenant Still Elusive
MARA Holdings shares surged 11.8% after revealing a 2-GW AI data center site in Texas, adding about $540 million in market cap despite no tenant secured.
Dell's Texas Move Sets $7.7B Bar for Shareholder Lawsuits
Dell's reincorporation in Texas includes a 3% ownership rule for derivative lawsuits, equating to about $7.7 billion. Shares dropped 7.27% to $394.32, despite strong AI server revenue.
Archer Aviation's Texas Move Stalls Despite Strong Shareholder Support
Archer Aviation's proposal to reincorporate in Texas failed due to insufficient shareholder votes, despite over 80% support from voted shares. The stock remains near a 52-week low.
Texas Instruments Plunge Complicates Russell Rebalance for Traders
Texas Instruments slid 8.46% to $285.43, capping a 14.1% weekly drop, as FTSE Russell shifted TXN from Defensive to Dynamic in its Stability indexes, triggering heavy volume and a $24 billion market cap loss.
Archer Aviation (ACHR) Tumbles on Texas Vote Math Concerns
Archer Aviation (ACHR) dropped 5% to $4.79 on Thursday. A shareholder vote to redomicile to Texas requires a majority of all outstanding shares, not just votes cast, putting passage at risk and pressuring the stock.
Archer Aviation Slips as Shareholders Await Texas Redomicile Vote
Archer Aviation shares declined for a third straight session as shareholders prepare to vote on a move to Texas, while the company advances its Midnight eVTOL into Phase 4 FAA testing.
Celsius Shares Recover as Texas Probe of Alani Nu Sparks Investor Caution
Celsius shares recover 2% in premarket after plunging on news of a Texas probe into Alani Nu's marketing. Analysts at BofA and Morgan Stanley maintain positive ratings.
Celsius Shares Slide on Texas Probe Into Alani Nu Marketing
Celsius shares dropped 6.8% after Texas opened a probe into whether Alani Nu drinks misled consumers about safety for minors, threatening growth plans.
J-Star Rallies on Texas Battery Plans Ahead of Nasdaq Vote
J-Star Holding shares jumped to $1.36 in premarket trading after providing updates on its proposed $122.5 million solid-state battery plant in Baytown, Texas, ahead of a shareholder vote on a reverse split.
Exxon Warns of $160 Oil as Hormuz Talks Stall, Shareholders Back Texas Move
Exxon Mobil warned crude could spike to $150-$160 a barrel as global inventories near minimums. Shareholders approved moving legal home to Texas.
Texas Instruments Stock Retreats After AI-Fueled Surge, Analysts Eye Growth
Texas Instruments shares dropped 3.25% on Friday, pulling back from a 52-week high as analysts highlight AI data-center power chip demand and improving industrial and auto markets.
Atmos Energy Faces New Price Target Reduction Despite Texas Growth
Morgan Stanley lowered its price target on Atmos Energy to $183 from $195, maintaining an Equalweight rating. Texas remains central to the company's growth strategy.
AEP Texas Resolves San Angelo Blackout Amid Rising Texas Demand
AEP Texas restored power to nearly all Tom Green County customers after a substation failure cut service to 7,800 in San Angelo. The outage comes as AEP faces scrutiny over Texas demand and a $78B capital plan.
Texas Instruments Ends Week Higher Despite Chip Sector Decline
Texas Instruments closed Friday at $302.73, down 1.77% but up 5.2% for the week, outperforming a broader chip selloff as analysts raise price targets.
Aurora Innovation's Autonomous Trucking Ambitions Face Real-World Test with Volvo-DSV Texas Launch
Volvo and DSV launch commercial autonomous freight on the Dallas-Houston route using Aurora's self-driving tech. Aurora reports $1M Q1 revenue and $223M net loss, targeting 200+ driverless trucks by 2026.
Aurora Surges 15% as Volvo and DSV Launch Autonomous Trucking Service in Texas
Aurora Innovation stock surged 15% after Volvo and DSV launched commercial autonomous trucking in Texas. The company aims to deploy over 200 driverless trucks by year-end.
Hut 8's $9.8B Texas AI Lease Signals Pivot from Crypto Mining
Hut 8 Corp. unveiled a $9.8 billion, 15-year AI data center lease in Texas, driving broker price targets higher as the company pivots from crypto mining to AI infrastructure.
GE Vernova Slides after Texas Nuclear-Gas AI Power Deal
GE Vernova shares dropped over $70 after announcing a Texas nuclear-gas project for AI data centers, as investors digest strong Q1 orders.
Dell Surges on AI Server Demand, Texas Move Vote Looms
Dell shares surged 10% as AI server demand drives rally. Company seeks shareholder approval to move legal home to Texas at June 25 annual meeting.
Hut 8 Shares Surge 32% on $9.8 Billion Texas AI Data Center Lease
Hut 8 (HUT) shares surged 32% after inking a $9.8 billion, 15-year lease for 352 MW of IT capacity at its Beacon Point data center in Texas, accelerating its pivot to AI.
IREN Shares Surge as Sweetwater Data Center Connects to Texas Grid
IREN shares surged 8.37% to $49.48 after energizing its Sweetwater 1 data center in Texas, linking it to the ERCOT grid. The milestone underscores progress in AI infrastructure.