Texas Pacific Land Shares Rise 3%, Keybanc Comments

NodeGuardian · 2026-03-14T22:57:20+00:00

Texas Pacific Land shares increased by 3% after Keybanc raised its price target to $639, citing strong growth prospects and rising investor interest, driven by investments in Bolt Data and a deal with Google, along with expected growth in oil and gas royalties.

NodeGuardian

2026-03-14 22:57:20

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Texas Pacific Land (NYSE:TPL) shares rose 3% after Keybanc increased its price target to $639, citing growing investor interest and strong growth prospects across its various business segments. Keybanc noted a surge in client inquiries in 2026 and attributed recent share price gains to the company’s investment in Bolt Data and a subsequent agreement with Google, which has reset earnings expectations. The firm expects continued organic growth in oil and gas royalties, water sales, and surface and land easements, raising its 2026 and 2027 earnings estimates.

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