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StocksMedium•11 February 2026•

1 min read

Horizon Kinetics Reaffirms Confidence in Texas Pacific Land (TPL) Amid Strategic Growth

Horizon Kinetics Asset Management LLC, a significant owner of Texas Pacific Land Corp (NYSE:TPL), recently purchased one share of TPL stock for $388.01 on February 10, 2026. This transaction, though small, increased its direct ownership to 3,479,370 shares, signaling continued confidence in the company. Texas Pacific Land boasts strong financial health and recently announced a strategic partnership with Bolt Data & Energy to develop data centers in West Texas. This initiative underscores the company's commitment to diversifying its revenue streams and capitalizing on emerging opportunities. Furthermore, TPL implemented a three-for-one stock split effective December 22, 2025, enhancing accessibility for investors. The ongoing investment by a major shareholder, coupled with robust fundamentals and strategic growth, points to a positive outlook for TPL.