APA vs. TPL: APA vs. Texas Pacific Land Stock Comparison

November 11, 2026

How do APA (APA) and Texas Pacific Land (TPL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

APA (APA) and Texas Pacific Land (TPL) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.

Company profile comparison for APA (APA) and Texas Pacific Land (TPL)
Profile Item	APA	TPL
Name	APA Corporation	Texas Pacific Land Corporation
Country/Region	United States	United States
GICS Sector	Energy	Energy
GICS Industry Group	Energy	Energy
GICS Industry	Oil, Gas & Consumable Fuels	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Exploration & Production	Oil & Gas Exploration & Production
Market Capitalization	14.98 billion USD	18.79 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	May 15, 1979	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

APA

TPL

GSPC

APA (APA) vs. Texas Pacific Land (TPL), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for APA (APA) and Texas Pacific Land (TPL). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for APA (APA) and Texas Pacific Land (TPL). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
Total Return (1Y)	92.90%	-14.10%
Total Return (3Y, Annualized)	11.25%	16.13%
Total Return (5Y, Annualized)	11.68%	13.42%

Risk Profile

Drawdown History

APA

TPL

GSPC

APA (APA) vs. Texas Pacific Land (TPL), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for APA (APA) and Texas Pacific Land (TPL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
Volatility (1Y, Annualized)	44.92%	49.74%
Beta (5Y)	0.34	0.62
Max Drawdown (5Y)	-70.47%	-52.50%
Avg. Volume (3M)	5.66M	380.93K

Risk-Adjusted Performance

Risk-Return Positioning

APA and TPL are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
Sharpe Ratio (1Y)	1.97	-0.37
Sortino Ratio (1Y)	2.94	-0.50

Profitability

ROE (TTM)

Both APA (APA) at 33.32% and Texas Pacific Land (TPL) at 37.07% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

APA

Energy industry group

33.32%

Max: 53.85%
APA: 33.32%
Q3: 24.79%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

TPL

Energy industry group

37.07%

Max: 53.85%
TPL: 37.07%
Q3: 24.79%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Texas Pacific Land (TPL) at 60.71% keeps the most of each sales dollar — above its industry’s net margin range — and APA (APA) at 23.49% also retains a top-quartile share.

APA

Energy industry group

23.49%

Max: 56.92%
APA: 23.49%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

TPL

Energy industry group

60.71%

TPL: 60.71%
Max: 56.92%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Texas Pacific Land (TPL) at 76.20% shows unusually strong operating efficiency — above its industry’s operating margin range — and APA (APA) at 44.25% also operates in the top quartile.

APA

Energy industry group

44.25%

Max: 71.31%
APA: 44.25%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

TPL

Energy industry group

76.20%

TPL: 76.20%
Max: 71.31%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
ROE (TTM)	33.32%	37.07%
ROA (TTM)	14.06%	26.08%
Net Margin (TTM)	23.49%	60.71%
Operating Margin (TTM)	44.25%	76.20%
Gross Margin (TTM)	78.98%	94.09%

Growth

Revenue Growth

Texas Pacific Land (TPL) at 13.09% is around its peer norm for revenue growth, while APA (APA) at -8.39% drops into the bottom quartile, signaling weaker demand or pricing momentum.

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their Revenue Growth across different time periods.

EPS Growth

APA (APA) at 75.77% sits in the top EPS growth quartile, while Texas Pacific Land (TPL) at 6.04% is closer to the peer norm — faster per-share earnings growth for APA.

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
Revenue Growth (YoY)	-8.39%	13.09%
Revenue Growth (3Y CAGR)	-6.96%	6.15%
EPS Growth (YoY)	75.77%	6.04%
EPS Growth (3Y CAGR)	-28.73%	2.78%

Financial Strength

Current Ratio (MRQ)

Texas Pacific Land (TPL) at 5.41 carries current ratio above its industry’s typical mid-range, while APA (APA) at 0.85 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

APA

Energy industry group

0.85

Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
APA: 0.85
Min: 0.24

TPL

Energy industry group

5.41

TPL: 5.41
Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
Min: 0.24

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Texas Pacific Land (TPL) at 0.01 keeps leverage in the lower industry quartile, while APA (APA) at 0.42 runs a more typical debt-to-equity mix.

APA

Energy industry group

0.42

Max: 1.75
Q3: 0.93
Median: 0.54
APA: 0.42
Q1: 0.30
Min: 0.00

TPL

Energy industry group

0.01

Max: 1.75
Q3: 0.93
Median: 0.54
Q1: 0.30
TPL: 0.01
Min: 0.00

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
Current Ratio (MRQ)	0.85	5.41
Debt / Equity (MRQ)	0.42	0.01
Net Debt / EBITDA	0.53	-0.44

Dividends

Dividend Yield (TTM)

Both APA (APA) at 2.30% and Texas Pacific Land (TPL) at 0.86% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

APA

Energy industry group

2.30%

Max: 8.57%
Q3: 3.58%
APA: 2.30%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

TPL

Energy industry group

0.86%

Max: 8.57%
Q3: 3.58%
Median: 1.71%
TPL: 0.86%
Q1: 0.00%
Min: 0.00%

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both APA (APA) at 16.26% and Texas Pacific Land (TPL) at 27.42% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

APA

Energy industry group

16.26%

Max: 133.24%
Q3: 53.31%
Median: 25.24%
APA: 16.26%
Q1: 0.00%
Min: 0.00%

TPL

Energy industry group

27.42%

Max: 133.24%
Q3: 53.31%
TPL: 27.42%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
Dividend Yield (TTM)	2.30%	0.86%
Dividend Payout Ratio (TTM)	16.26%	27.42%

Valuation

P/E Ratio (TTM)

APA (APA) at 7.26 sits in the cheaper P/E ratio quartile, while Texas Pacific Land (TPL) at 32.00 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

APA

Energy industry group

7.26

Max: 39.54
Q3: 21.72
Median: 12.19
Q1: 7.71
APA: 7.26
Min: 2.99

TPL

Energy industry group

32.00

Max: 39.54
TPL: 32.00
Q3: 21.72
Median: 12.19
Q1: 7.71
Min: 2.99

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

APA (APA) at 1.62 prices around its industry’s typical P/S ratio, while Texas Pacific Land (TPL) at 19.41 clears its benchmark range — TPL looks notably rich on sales.

APA

Energy industry group

1.62

Max: 5.40
Q3: 2.85
Median: 1.69
APA: 1.62
Q1: 0.88
Min: 0.00

TPL

Energy industry group

19.41

TPL: 19.41
Max: 5.40
Q3: 2.85
Median: 1.69
Q1: 0.88
Min: 0.00

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

APA (APA) at 2.11 sits near its industry’s typical P/B ratio, while Texas Pacific Land (TPL) at 10.42 prices above its benchmark range — TPL looks rich relative to book.

APA

Energy industry group

2.11

Max: 4.21
Q3: 2.38
APA: 2.11
Median: 1.51
Q1: 1.08
Min: 0.01

TPL

Energy industry group

10.42

TPL: 10.42
Max: 4.21
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

APA (APA) vs. Texas Pacific Land (TPL): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for APA (APA) and Texas Pacific Land (TPL)
Metric	APA	TPL
P/E Ratio (TTM)	7.26	32.00
P/S Ratio (TTM)	1.62	19.41
P/B Ratio (MRQ)	2.11	10.42
Free Cash Flow Yield (TTM)	14.08%	0.43%