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Texas Pacific Land (TPL) reported Q4 adjusted core profit of $178.1 million, surpassing expectations of $173.6 million, with revenue reaching $211.6 million. Production volumes increased to 37,500 barrels of oil equivalent per day, up from 29,100, despite a drop in average realized oil prices to $29.33 a barrel. TPL's strategy includes enhancing water sourcing and land-use income, indicating a shift towards infrastructure for data centers, which could stabilize cash flows amid fluctuating commodity prices.