Texas Pacific Land (TPL) Competitors

$561.62
+3.06 (+0.55%)
(As of 05/3/2024 ET)

TPL vs. WES, PR, OVV, PAA, CHK, ENPH, FTI, MRO, DINO, and AR

Should you be buying Texas Pacific Land stock or one of its competitors? The main competitors of Texas Pacific Land include Western Midstream Partners (WES), Permian Resources (PR), Ovintiv (OVV), Plains All American Pipeline (PAA), Chesapeake Energy (CHK), Enphase Energy (ENPH), TechnipFMC (FTI), Marathon Oil (MRO), HF Sinclair (DINO), and Antero Resources (AR). These companies are all part of the "oils/energy" sector.

Texas Pacific Land vs.

Texas Pacific Land (NYSE:TPL) and Western Midstream Partners (NYSE:WES) are both large-cap oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, community ranking, media sentiment, earnings, risk and institutional ownership.

Texas Pacific Land has a net margin of 64.22% compared to Western Midstream Partners' net margin of 32.72%. Texas Pacific Land's return on equity of 43.57% beat Western Midstream Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Texas Pacific Land64.22% 43.57% 38.70%
Western Midstream Partners 32.72%33.58%8.76%

Texas Pacific Land has a beta of 1.59, suggesting that its stock price is 59% more volatile than the S&P 500. Comparatively, Western Midstream Partners has a beta of 2.82, suggesting that its stock price is 182% more volatile than the S&P 500.

59.9% of Texas Pacific Land shares are owned by institutional investors. Comparatively, 42.9% of Western Midstream Partners shares are owned by institutional investors. 20.0% of Texas Pacific Land shares are owned by insiders. Comparatively, 0.0% of Western Midstream Partners shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Texas Pacific Land pays an annual dividend of $4.67 per share and has a dividend yield of 0.8%. Western Midstream Partners pays an annual dividend of $3.50 per share and has a dividend yield of 9.9%. Texas Pacific Land pays out 26.6% of its earnings in the form of a dividend. Western Midstream Partners pays out 134.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

In the previous week, Western Midstream Partners had 1 more articles in the media than Texas Pacific Land. MarketBeat recorded 9 mentions for Western Midstream Partners and 8 mentions for Texas Pacific Land. Texas Pacific Land's average media sentiment score of 0.66 beat Western Midstream Partners' score of 0.38 indicating that Texas Pacific Land is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Texas Pacific Land
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Western Midstream Partners
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Texas Pacific Land presently has a consensus target price of $694.17, suggesting a potential upside of 23.60%. Western Midstream Partners has a consensus target price of $30.64, suggesting a potential downside of 13.77%. Given Texas Pacific Land's stronger consensus rating and higher possible upside, equities analysts clearly believe Texas Pacific Land is more favorable than Western Midstream Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Texas Pacific Land
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Western Midstream Partners
1 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.17

Western Midstream Partners has higher revenue and earnings than Texas Pacific Land. Western Midstream Partners is trading at a lower price-to-earnings ratio than Texas Pacific Land, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Texas Pacific Land$631.59M20.45$405.64M$17.5931.93
Western Midstream Partners$3.11B4.35$1.02B$2.6013.67

Western Midstream Partners received 311 more outperform votes than Texas Pacific Land when rated by MarketBeat users. However, 70.56% of users gave Texas Pacific Land an outperform vote while only 68.94% of users gave Western Midstream Partners an outperform vote.

CompanyUnderperformOutperform
Texas Pacific LandOutperform Votes
266
70.56%
Underperform Votes
111
29.44%
Western Midstream PartnersOutperform Votes
577
68.94%
Underperform Votes
260
31.06%

Summary

Texas Pacific Land beats Western Midstream Partners on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TPL vs. The Competition

MetricTexas Pacific LandOil royalty traders IndustryEnergy SectorNYSE Exchange
Market Cap$12.92B$1.64B$8.38B$17.50B
Dividend Yield0.83%6.72%11.50%3.53%
P/E Ratio31.9310.5914.6621.42
Price / Sales20.458.2434.2110.40
Price / Cash30.769.7911.3518.05
Price / Book12.4046.713.595.52
Net Income$405.64M$69.46M$993.49M$964.63M
7 Day Performance-5.72%-1.07%-0.05%1.74%
1 Month Performance-5.94%-8.92%-2.71%-1.66%
1 Year Performance19.31%-36.03%7.94%103.32%

Texas Pacific Land Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WES
Western Midstream Partners
0.9141 of 5 stars
$34.08
-5.3%
$30.64
-10.1%
+41.1%$12.97B$3.11B13.111,377Upcoming Earnings
Ex-Dividend
PR
Permian Resources
4.4376 of 5 stars
$16.76
-4.5%
$19.31
+15.2%
+73.8%$12.94B$3.12B14.45461Upcoming Earnings
OVV
Ovintiv
4.4954 of 5 stars
$51.32
-4.1%
$56.71
+10.5%
+57.7%$13.80B$10.88B6.501,743Upcoming Earnings
Positive News
PAA
Plains All American Pipeline
1.1813 of 5 stars
$17.23
-4.4%
$18.96
+10.0%
+42.5%$12.08B$48.71B12.404,200Earnings Report
Ex-Dividend
Analyst Downgrade
Analyst Revision
News Coverage
CHK
Chesapeake Energy
3.7584 of 5 stars
$89.88
-3.3%
$104.73
+16.5%
+12.6%$11.76B$8.72B5.341,000Earnings Report
Dividend Increase
Analyst Report
Analyst Revision
News Coverage
ENPH
Enphase Energy
4.6819 of 5 stars
$108.76
-4.5%
$137.41
+26.3%
-26.5%$14.80B$2.29B56.653,157Insider Buying
Gap Up
FTI
TechnipFMC
3.4465 of 5 stars
$25.62
-3.7%
$26.14
+2.0%
+95.0%$11.20B$7.82B54.5125,027Analyst Revision
MRO
Marathon Oil
4.85 of 5 stars
$26.85
-3.9%
$32.66
+21.7%
+19.3%$15.34B$6.70B10.491,681Earnings Report
Analyst Upgrade
News Coverage
DINO
HF Sinclair
4.0934 of 5 stars
$54.23
-6.3%
$65.42
+20.6%
+42.2%$10.69B$31.96B6.535,218Upcoming Earnings
News Coverage
AR
Antero Resources
3.8403 of 5 stars
$34.01
-0.8%
$32.08
-5.7%
+64.9%$10.57B$4.68B170.05604Analyst Report
Insider Selling

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This page (NYSE:TPL) was last updated on 5/5/2024 by MarketBeat.com Staff

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