Texas Pacific Land owns 873,000 acres mostly in the Permian Basin, a hub for oil-and-gas drilling. It earns money from royalties, surface leases, and water for drilling and disposal activities. More production means more royalties, and the company has invested heavily in water, earning royalties on over one billion barrels in 2024, worth around $100 million in revenue, most of which is pure profit, the company says. TPL is also looking to lease land for data centers and has other growth initiatives
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President-elect Donald Trump was sentenced Friday in his New York criminal hush money case, 10 days before his inauguration for a second White House term
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💊 💊 Trump – World Is Free-Riding On Healthcare Spending: As Donald Trump awaits a return to office, he is likely to revisit his stance that the U.S. is being “ripped off” by other countries
Read More: bit.ly/Trump-Healthcare-Spending
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Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in our history’ To Profit From This News, Contact us today, and let us demonstrate how we can elevate your portfolio to new levels
BREAKING: TSMC clocked a sharp increase in its sales for December as the world’s biggest contract chipmaker continued to see robust demand from the fast-growing artificial intelligence industry. Sales rose 57.8% year-on-year to T$278.16 billion ($8.44 billion), TSMC said in a statement on Friday. The pace of growth also picked up sharply from the prior month
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