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ENB vs. TPL: Enbridge vs. Texas Pacific Land Stock Comparison

How do Enbridge (ENB) 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

Enbridge (ENB) and Texas Pacific Land (TPL) both belong to the Oil, Gas & Consumable Fuels industry, though ENB is classified under Oil & Gas Storage & Transportation while TPL falls under Oil & Gas Exploration & Production.

Company profile comparison for Enbridge (ENB) and Texas Pacific Land (TPL)
Profile ItemENBTPL
NameEnbridge Inc.Texas Pacific Land Corporation
Country/RegionCanadaUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Storage & TransportationOil & Gas Exploration & Production
Market Capitalization104.51 billion USD18.79 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 15, 1984March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ENB
TPL
GSPC
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Enbridge (ENB) 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 Enbridge (ENB) and Texas Pacific Land (TPL). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Enbridge (ENB) 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 Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
Total Return (1Y)3.49%-14.10%
Total Return (3Y, Annualized)19.14%16.13%
Total Return (5Y, Annualized)8.72%13.42%

Risk Profile

Drawdown History

ENB
TPL
GSPC
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Enbridge (ENB) 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 Enbridge (ENB) 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 Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
Volatility (1Y, Annualized)18.30%49.74%
Beta (5Y)0.590.62
Max Drawdown (5Y)-28.31%-52.50%
Avg. Volume (3M)5.05M380.93K

Risk-Adjusted Performance

Risk-Return Positioning

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ENB 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 Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
Sharpe Ratio (1Y)-0.04-0.37
Sortino Ratio (1Y)-0.06-0.50

Profitability

ROE (TTM)

Texas Pacific Land (TPL) at 37.07% sits in the top ROE quartile, while Enbridge (ENB) at 9.22% is closer to the peer norm — stronger capital efficiency for TPL.

ENB

Energy industry group

9.22%

Max
53.85%
Q3
24.79%
Median
12.85%
ENB
9.22%
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%
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Enbridge (ENB) 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% converts revenue to bottom-line profit above its industry’s benchmark range, while Enbridge (ENB) at 7.34% keeps roughly the typical share for its industry.

ENB

Energy industry group

7.34%

Max
56.92%
Q3
22.92%
Median
10.10%
ENB
7.34%
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%
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Enbridge (ENB) 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% turns sales into operating profit above its industry’s benchmark range, while Enbridge (ENB) at 10.16% operates around its industry’s norm.

ENB

Energy industry group

10.16%

Max
71.31%
Q3
33.75%
Median
18.73%
ENB
10.16%
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%
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Enbridge (ENB) vs. Texas Pacific Land (TPL): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
ROE (TTM)9.22%37.07%
ROA (TTM)3.29%26.08%
Net Margin (TTM)7.34%60.71%
Operating Margin (TTM)10.16%76.20%
Gross Margin (TTM)32.59%94.09%

Growth

Revenue Growth

Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while Texas Pacific Land (TPL) at 13.09% is closer to the peer norm — faster top-line expansion for ENB.

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

EPS Growth

Enbridge (ENB) at 37.61% 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 ENB.

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

Growth Metrics

Growth metrics for Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
Revenue Growth (YoY)21.92%13.09%
Revenue Growth (3Y CAGR)6.94%6.15%
EPS Growth (YoY)37.61%6.04%
EPS Growth (3Y CAGR)36.00%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 Enbridge (ENB) at 0.72 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

ENB

Energy industry group

0.72

Max
3.64
Q3
2.21
Median
1.41
Q1
0.88
ENB
0.72
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
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Enbridge (ENB) 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 quartile, while Enbridge (ENB) at 1.63 sits in the higher-leverage quartile.

ENB

Energy industry group

1.63

Max
1.75
ENB
1.63
Q3
0.93
Median
0.54
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
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Enbridge (ENB) 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 Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
Current Ratio (MRQ)0.725.41
Debt / Equity (MRQ)1.630.01
Net Debt / EBITDA6.33-0.44

Dividends

Dividend Yield (TTM)

Enbridge (ENB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Texas Pacific Land (TPL) reports a yield of 0.86%, ranking against industry peers normally.

ENB

Energy industry group

0.00%

Max
8.57%
Q3
3.58%
Median
1.71%
ENB
0.00%
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%
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Enbridge (ENB) vs. Texas Pacific Land (TPL): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Enbridge (ENB) reports payout ratio above 100% at 147.68%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Texas Pacific Land (TPL) reports 27.42%, ranking against industry peers normally.

ENB

Energy industry group

147.68%

ENB
147.68%
Max
133.24%
Q3
53.31%
Median
25.24%
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%
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Enbridge (ENB) vs. Texas Pacific Land (TPL): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
Dividend Yield (TTM)0.00%0.86%
Dividend Payout Ratio (TTM)147.68%27.42%

Valuation

P/E Ratio (TTM)

Both Enbridge (ENB) at 22.65 and Texas Pacific Land (TPL) at 32.00 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

ENB

Energy industry group

22.65

Max
39.54
ENB
22.65
Q3
21.72
Median
12.19
Q1
7.71
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
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Enbridge (ENB) vs. Texas Pacific Land (TPL): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Enbridge (ENB) at 1.25 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.

ENB

Energy industry group

1.25

Max
5.40
Q3
2.85
Median
1.69
ENB
1.25
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
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Enbridge (ENB) vs. Texas Pacific Land (TPL): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Enbridge (ENB) at 2.59 sits in the upper P/B ratio quartile, and Texas Pacific Land (TPL) at 10.42 prices even higher, above its industry range.

ENB

Energy industry group

2.59

Max
4.21
ENB
2.59
Q3
2.38
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
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Enbridge (ENB) vs. Texas Pacific Land (TPL): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Enbridge (ENB) and Texas Pacific Land (TPL)
MetricENBTPL
P/E Ratio (TTM)22.6532.00
P/S Ratio (TTM)1.2519.41
P/B Ratio (MRQ)2.5910.42
Free Cash Flow Yield (TTM)-1.01%0.43%