TPL News & Events

Notable gainers among liquid option names this morning include CDW (CDW) $130.60 +7.03, Axon Enterprise (AXON) $430.55 +20.52, Moderna (MRNA) $62.28 +2.94, Texas Pacific Land Trust (TPL) $378.16 +17.05, and IBM (IBM) $263.32 +11.10.

Texas Pacific Land Corporation (TPL) announced an agreement with Chevron U.S.A. (CVX) to provide land and brackish water resources for Chevron's recently announced development known as Project Kilby, involving a large-scale power generation facility Chevron is developing to support a customer data center in Reeves County, Texas. As part of the agreement, TPL contributed surface acreage in exchange for cash consideration and the exclusive right to source aquifer-derived water for the power generation facility and other associated aspects of the project.