APA vs. TPL: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at APA and TPL, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
TPL’s market capitalization of 24.73 billion USD is significantly greater than APA’s 7.05 billion USD, highlighting its more substantial market valuation.
With betas of 1.25 for APA and 1.13 for TPL, both stocks show similar sensitivity to overall market movements.
| Symbol | APA | TPL |
|---|---|---|
| Company Name | APA Corporation | Texas Pacific Land Corporation |
| Country | US | US |
| Sector | Energy | Energy |
| Industry | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production |
| CEO | John J. Christmann IV | Tyler Glover |
| Price | 19.53 USD | 1,075.97 USD |
| Market Cap | 7.05 billion USD | 24.73 billion USD |
| Beta | 1.25 | 1.13 |
| Exchange | NASDAQ | NYSE |
| IPO Date | May 15, 1979 | March 17, 1980 |
| ADR | No | No |
Historical Performance
This chart compares the performance of APA and TPL by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
APA
19.18%
Oil & Gas Exploration & Production Industry
- Max
- 40.04%
- Q3
- 19.86%
- Median
- 9.16%
- Q1
- 0.95%
- Min
- -16.30%
APA’s Return on Equity of 19.18% is on par with the norm for the Oil & Gas Exploration & Production industry, indicating its profitability relative to shareholder equity is typical for the sector.
TPL
40.04%
Oil & Gas Exploration & Production Industry
- Max
- 40.04%
- Q3
- 19.86%
- Median
- 9.16%
- Q1
- 0.95%
- Min
- -16.30%
In the upper quartile for the Oil & Gas Exploration & Production industry, TPL’s Return on Equity of 40.04% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
APA
15.06%
Oil & Gas Exploration & Production Industry
- Max
- 26.92%
- Q3
- 11.67%
- Median
- 6.24%
- Q1
- 1.35%
- Min
- -12.56%
In the upper quartile for the Oil & Gas Exploration & Production industry, APA’s Return on Invested Capital of 15.06% signifies a highly effective use of its capital to generate profits when compared to its peers.
TPL
34.21%
Oil & Gas Exploration & Production Industry
- Max
- 26.92%
- Q3
- 11.67%
- Median
- 6.24%
- Q1
- 1.35%
- Min
- -12.56%
TPL’s Return on Invested Capital of 34.21% is exceptionally high, placing it well beyond the typical range for the Oil & Gas Exploration & Production industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
Net Profit Margin
APA
9.78%
Oil & Gas Exploration & Production Industry
- Max
- 52.19%
- Q3
- 25.60%
- Median
- 13.47%
- Q1
- 2.13%
- Min
- -32.99%
APA’s Net Profit Margin of 9.78% is aligned with the median group of its peers in the Oil & Gas Exploration & Production industry. This indicates its ability to convert revenue into profit is typical for the sector.
TPL
63.24%
Oil & Gas Exploration & Production Industry
- Max
- 52.19%
- Q3
- 25.60%
- Median
- 13.47%
- Q1
- 2.13%
- Min
- -32.99%
TPL’s Net Profit Margin of 63.24% is exceptionally high, placing it well beyond the typical range for the Oil & Gas Exploration & Production industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.
Operating Profit Margin
APA
32.37%
Oil & Gas Exploration & Production Industry
- Max
- 52.94%
- Q3
- 36.35%
- Median
- 24.23%
- Q1
- 13.05%
- Min
- -20.00%
APA’s Operating Profit Margin of 32.37% is around the midpoint for the Oil & Gas Exploration & Production industry, indicating that its efficiency in managing core business operations is typical for the sector.
TPL
76.02%
Oil & Gas Exploration & Production Industry
- Max
- 52.94%
- Q3
- 36.35%
- Median
- 24.23%
- Q1
- 13.05%
- Min
- -20.00%
TPL’s Operating Profit Margin of 76.02% is exceptionally high, placing it well above the typical range for the Oil & Gas Exploration & Production industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
Profitability at a Glance
| Symbol | APA | TPL |
|---|---|---|
| Return on Equity (TTM) | 19.18% | 40.04% |
| Return on Assets (TTM) | 5.50% | 34.01% |
| Return on Invested Capital (TTM) | 15.06% | 34.21% |
| Net Profit Margin (TTM) | 9.78% | 63.24% |
| Operating Profit Margin (TTM) | 32.37% | 76.02% |
| Gross Profit Margin (TTM) | 39.97% | 89.81% |
Financial Strength
Current Ratio
APA
0.89
Oil & Gas Exploration & Production Industry
- Max
- 1.96
- Q3
- 1.23
- Median
- 0.89
- Q1
- 0.65
- Min
- 0.27
APA’s Current Ratio of 0.89 aligns with the median group of the Oil & Gas Exploration & Production industry, indicating that its short-term liquidity is in line with its sector peers.
TPL
7.05
Oil & Gas Exploration & Production Industry
- Max
- 1.96
- Q3
- 1.23
- Median
- 0.89
- Q1
- 0.65
- Min
- 0.27
TPL’s Current Ratio of 7.05 is exceptionally high, placing it well outside the typical range for the Oil & Gas Exploration & Production industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
Debt-to-Equity Ratio
APA
1.01
Oil & Gas Exploration & Production Industry
- Max
- 1.10
- Q3
- 0.67
- Median
- 0.44
- Q1
- 0.28
- Min
- 0.00
APA’s leverage is in the upper quartile of the Oil & Gas Exploration & Production industry, with a Debt-to-Equity Ratio of 1.01. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
TPL
--
Oil & Gas Exploration & Production Industry
- Max
- 1.10
- Q3
- 0.67
- Median
- 0.44
- Q1
- 0.28
- Min
- 0.00
Debt-to-Equity Ratio data for TPL is currently unavailable.
Interest Coverage Ratio
APA
8.74
Oil & Gas Exploration & Production Industry
- Max
- 20.85
- Q3
- 11.06
- Median
- 5.67
- Q1
- 2.08
- Min
- -6.70
APA’s Interest Coverage Ratio of 8.74 is positioned comfortably within the norm for the Oil & Gas Exploration & Production industry, indicating a standard and healthy capacity to cover its interest payments.
TPL
--
Oil & Gas Exploration & Production Industry
- Max
- 20.85
- Q3
- 11.06
- Median
- 5.67
- Q1
- 2.08
- Min
- -6.70
Interest Coverage Ratio data for TPL is currently unavailable.
Financial Strength at a Glance
| Symbol | APA | TPL |
|---|---|---|
| Current Ratio (TTM) | 0.89 | 7.05 |
| Quick Ratio (TTM) | 0.74 | 7.05 |
| Debt-to-Equity Ratio (TTM) | 1.01 | -- |
| Debt-to-Asset Ratio (TTM) | 0.30 | -- |
| Net Debt-to-EBITDA Ratio (TTM) | 1.11 | -0.79 |
| Interest Coverage Ratio (TTM) | 8.74 | -- |
Growth
The following charts compare key year-over-year (YoY) growth metrics for APA and TPL. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
APA
5.12%
Oil & Gas Exploration & Production Industry
- Max
- 19.30%
- Q3
- 6.00%
- Median
- 3.36%
- Q1
- 0.00%
- Min
- 0.00%
APA’s Dividend Yield of 5.12% is consistent with its peers in the Oil & Gas Exploration & Production industry, providing a dividend return that is standard for its sector.
TPL
0.55%
Oil & Gas Exploration & Production Industry
- Max
- 19.30%
- Q3
- 6.00%
- Median
- 3.36%
- Q1
- 0.00%
- Min
- 0.00%
TPL’s Dividend Yield of 0.55% is consistent with its peers in the Oil & Gas Exploration & Production industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
APA
36.11%
Oil & Gas Exploration & Production Industry
- Max
- 899.71%
- Q3
- 55.01%
- Median
- 33.88%
- Q1
- 12.33%
- Min
- 0.00%
APA’s Dividend Payout Ratio of 36.11% is within the typical range for the Oil & Gas Exploration & Production industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
TPL
77.76%
Oil & Gas Exploration & Production Industry
- Max
- 899.71%
- Q3
- 55.01%
- Median
- 33.88%
- Q1
- 12.33%
- Min
- 0.00%
TPL’s Dividend Payout Ratio of 77.76% is in the upper quartile for the Oil & Gas Exploration & Production industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | APA | TPL |
|---|---|---|
| Dividend Yield (TTM) | 5.12% | 0.55% |
| Dividend Payout Ratio (TTM) | 36.11% | 77.76% |
Valuation
Price-to-Earnings Ratio
APA
6.98
Oil & Gas Exploration & Production Industry
- Max
- 28.71
- Q3
- 16.76
- Median
- 10.56
- Q1
- 6.59
- Min
- 2.35
APA’s P/E Ratio of 6.98 is within the middle range for the Oil & Gas Exploration & Production industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
TPL
53.73
Oil & Gas Exploration & Production Industry
- Max
- 28.71
- Q3
- 16.76
- Median
- 10.56
- Q1
- 6.59
- Min
- 2.35
At 53.73, TPL’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Oil & Gas Exploration & Production industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
Forward P/E to Growth Ratio
APA
0.60
Oil & Gas Exploration & Production Industry
- Max
- 2.32
- Q3
- 1.37
- Median
- 0.88
- Q1
- 0.50
- Min
- 0.08
The Forward PEG Ratio is often not a primary valuation metric in the Oil & Gas Exploration & Production industry.
TPL
-0.54
Oil & Gas Exploration & Production Industry
- Max
- 2.32
- Q3
- 1.37
- Median
- 0.88
- Q1
- 0.50
- Min
- 0.08
The Forward PEG Ratio is often not a primary valuation metric in the Oil & Gas Exploration & Production industry.
Price-to-Sales Ratio
APA
0.68
Oil & Gas Exploration & Production Industry
- Max
- 6.31
- Q3
- 3.18
- Median
- 1.94
- Q1
- 1.00
- Min
- 0.32
In the lower quartile for the Oil & Gas Exploration & Production industry, APA’s P/S Ratio of 0.68 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
TPL
33.99
Oil & Gas Exploration & Production Industry
- Max
- 6.31
- Q3
- 3.18
- Median
- 1.94
- Q1
- 1.00
- Min
- 0.32
With a P/S Ratio of 33.99, TPL trades at a valuation that eclipses even the highest in the Oil & Gas Exploration & Production industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
Price-to-Book Ratio
APA
1.31
Oil & Gas Exploration & Production Industry
- Max
- 2.84
- Q3
- 1.78
- Median
- 1.16
- Q1
- 0.77
- Min
- 0.23
APA’s P/B Ratio of 1.31 is within the conventional range for the Oil & Gas Exploration & Production industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
TPL
20.50
Oil & Gas Exploration & Production Industry
- Max
- 2.84
- Q3
- 1.78
- Median
- 1.16
- Q1
- 0.77
- Min
- 0.23
At 20.50, TPL’s P/B Ratio is at an extreme premium to the Oil & Gas Exploration & Production industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | APA | TPL |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 6.98 | 53.73 |
| Forward PEG Ratio (TTM) | 0.60 | -0.54 |
| Price-to-Sales Ratio (P/S, TTM) | 0.68 | 33.99 |
| Price-to-Book Ratio (P/B, TTM) | 1.31 | 20.50 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 5.68 | 382.83 |
| EV-to-EBITDA (TTM) | 2.55 | 41.39 |
| EV-to-Sales (TTM) | 1.20 | 33.36 |