ConocoPhillips (COP) vs Texas Pacific Land Corporation (TPL)

ConocoPhillips and Texas Pacific Land Corporation are both Oil & Gas E&P companies. ConocoPhillips is the larger, with a market value of $154.0B against $23.3B — 6.6× the size. ConocoPhillips trades at the lower P/E: 16.8× against 43.5×. Texas Pacific Land Corporation grew revenue faster over the last twelve months: 20.8% against 8.48%. Texas Pacific Land Corporation has the higher net margin (60.3% vs 14.2%) and the higher return on invested capital (29.5% vs 12.2%). Both pay a dividend; ConocoPhillips yields more (2.63% vs 0.88%). Across the 23 metrics below, Texas Pacific Land Corporation leads on 13 and ConocoPhillips on 10.

Valuation

Metric COP TPL Oil & Gas E&P median
P/E 16.84 43.47 10.57
P/S 2.37 26.21 1.80
P/B 2.36 14.07 1.27
Price to free cash flow 12.70 61.09 9.99
EV/EBITDA 6.08 31.44 5.08
EV/Sales 2.61 25.93 2.39
Earnings yield 5.94% 2.30% 6.06%
Free cash flow yield 7.87% 1.64% 6.17%

Profitability

Metric COP TPL Oil & Gas E&P median
Gross margin 62.56% 100.00% 80.41%
Operating margin 24.14% 74.92% 21.39%
Net margin 14.17% 60.32% 14.17%
Free cash flow margin 18.63% 42.90% 9.71%
Return on equity 14.13% 36.57% 10.05%
Return on assets 7.50% 33.17% 5.81%
Return on invested capital 12.17% 29.52% 6.32%

Growth

Metric COP TPL Oil & Gas E&P median
Revenue growth (TTM) 8.48% 20.82% 9.94%
EPS growth (last fiscal year) (18.69%) 6.04% —
Revenue growth, 5-year CAGR 26.16% 21.41% 18.67%
Net income growth, 5-year CAGR 0.00% 22.28% 0.00%

Health

Metric COP TPL Oil & Gas E&P median
Debt to equity 0.36 0.00 0.28
Current ratio 1.54 10.86 0.96
Net debt to EBITDA 0.64 (0.22) 0.91

Dividend

Metric COP TPL Oil & Gas E&P median
Dividend yield 2.63% 0.88% 4.93%
Payout ratio 0.37 0.23 0.07

Size

Metric COP TPL Oil & Gas E&P median
Market cap 153.96b 23.28b 923.59m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack