EQNR vs. TPL: Equinor vs. Texas Pacific Land Stock Comparison
How do Equinor (EQNR) 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
Equinor (EQNR) and Texas Pacific Land (TPL) both belong to the Oil, Gas & Consumable Fuels industry, though EQNR is classified under Integrated Oil & Gas while TPL falls under Oil & Gas Exploration & Production.
Texas Pacific Land (TPL) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | EQNR | TPL |
|---|---|---|
| Name | Equinor ASA Sponsored ADR | Texas Pacific Land Corporation |
| Country/Region | Norway | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Oil & Gas Exploration & Production |
| Market Capitalization | 99.39 billion USD | 18.79 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 18, 2001 | March 17, 1980 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EQNR | TPL |
|---|---|---|
| Total Return (1Y) | 78.03% | -14.10% |
| Total Return (3Y, Annualized) | 17.56% | 16.13% |
| Total Return (5Y, Annualized) | 17.66% | 13.42% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EQNR | TPL |
|---|---|---|
| Volatility (1Y, Annualized) | 40.50% | 49.74% |
| Beta (5Y) | 0.18 | 0.62 |
| Max Drawdown (5Y) | -34.57% | -52.50% |
| Avg. Volume (3M) | 3.77M | 380.93K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EQNR | TPL |
|---|---|---|
| Sharpe Ratio (1Y) | 1.82 | -0.37 |
| Sortino Ratio (1Y) | 2.76 | -0.50 |
Profitability
ROE (TTM)
Both Equinor (EQNR) at 27.57% 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.
EQNR
Energy industry group
27.57%
- Max
- 53.85%
- EQNR
- 27.57%
- 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%
Net Margin (TTM)
Texas Pacific Land (TPL) at 60.71% converts revenue to bottom-line profit above its industry’s benchmark range, while Equinor (EQNR) at 9.79% keeps roughly the typical share for its industry.
EQNR
Energy industry group
9.79%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- EQNR
- 9.79%
- 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%
Operating Margin (TTM)
Texas Pacific Land (TPL) at 76.20% shows unusually strong operating efficiency — above its industry’s operating margin range — and Equinor (EQNR) at 37.00% also operates in the top quartile.
EQNR
Energy industry group
37.00%
- Max
- 71.31%
- EQNR
- 37.00%
- 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%
Profitability Metrics
| Metric | EQNR | TPL |
|---|---|---|
| ROE (TTM) | 27.57% | 37.07% |
| ROA (TTM) | 17.10% | 26.08% |
| Net Margin (TTM) | 9.79% | 60.71% |
| Operating Margin (TTM) | 37.00% | 76.20% |
| Gross Margin (TTM) | 43.18% | 94.09% |
Growth
Revenue Growth
Both Equinor (EQNR) at 3.24% and Texas Pacific Land (TPL) at 13.09% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Equinor (EQNR) at -37.62% and Texas Pacific Land (TPL) at 6.04% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | EQNR | TPL |
|---|---|---|
| Revenue Growth (YoY) | 3.24% | 13.09% |
| Revenue Growth (3Y CAGR) | -10.78% | 6.15% |
| EPS Growth (YoY) | -37.62% | 6.04% |
| EPS Growth (3Y CAGR) | -40.11% | 2.78% |
Financial Strength
Current Ratio (MRQ)
Equinor (EQNR) at 1.18 keeps current ratio within its industry’s typical mid-range, while Texas Pacific Land (TPL) at 5.41 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
EQNR
Energy industry group
1.18
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- EQNR
- 1.18
- Q1
- 0.88
- 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
Debt / Equity (MRQ)
Texas Pacific Land (TPL) at 0.01 keeps leverage in the lower industry quartile, while Equinor (EQNR) at 0.66 runs a more typical debt-to-equity mix.
EQNR
Energy industry group
0.66
- Max
- 1.75
- Q3
- 0.93
- EQNR
- 0.66
- 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
Financial Strength Metrics
| Metric | EQNR | TPL |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 5.41 |
| Debt / Equity (MRQ) | 0.66 | 0.01 |
| Net Debt / EBITDA | 0.12 | -0.44 |
Dividends
Dividend Yield (TTM)
Equinor (EQNR) at 3.67% delivers top-quartile income for its industry, while Texas Pacific Land (TPL) at 0.86% pays a more typical yield — both are credible income propositions, EQNR the richer one.
EQNR
Energy industry group
3.67%
- Max
- 8.57%
- EQNR
- 3.67%
- Q3
- 3.58%
- 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%
Dividend Payout Ratio (TTM)
Both Equinor (EQNR) at 31.54% 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.
EQNR
Energy industry group
31.54%
- Max
- 133.24%
- Q3
- 53.31%
- EQNR
- 31.54%
- 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%
Dividend Metrics
| Metric | EQNR | TPL |
|---|---|---|
| Dividend Yield (TTM) | 3.67% | 0.86% |
| Dividend Payout Ratio (TTM) | 31.54% | 27.42% |
Valuation
P/E Ratio (TTM)
Equinor (EQNR) at 8.71 is near its industry’s usual P/E ratio, while Texas Pacific Land (TPL) at 32.00 sits in the richer quartile — TPL needs stronger growth or earnings quality to justify the premium.
EQNR
Energy industry group
8.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQNR
- 8.71
- 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
P/S Ratio (TTM)
Equinor (EQNR) at 0.82 sits in the cheaper P/S ratio quartile while Texas Pacific Land (TPL) at 19.41 prices above its industry range — a wide gap in sales valuation between them.
EQNR
Energy industry group
0.82
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- EQNR
- 0.82
- 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
P/B Ratio (MRQ)
Measured against book value, both Equinor (EQNR) at 4.44 and Texas Pacific Land (TPL) at 10.42 look expensive — each P/B ratio sits above its industry’s benchmark range.
EQNR
Energy industry group
4.44
- EQNR
- 4.44
- Max
- 4.21
- 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
Valuation Metrics
| Metric | EQNR | TPL |
|---|---|---|
| P/E Ratio (TTM) | 8.71 | 32.00 |
| P/S Ratio (TTM) | 0.82 | 19.41 |
| P/B Ratio (MRQ) | 4.44 | 10.42 |
| Free Cash Flow Yield (TTM) | 32.55% | 0.43% |