Texas Pacific Land (NYSE:TPL) Vs. CVE, HES, BKR, ET, LNG, IMO, HAL, MPLX, EC, and OKE
Should you be buying Texas Pacific Land stock or one of its competitors? The main competitors of Texas Pacific Land include Cenovus Energy (CVE), Hess (HES), Baker Hughes (BKR), Energy Transfer (ET), Cheniere Energy (LNG), Imperial Oil (IMO), Halliburton (HAL), Mplx (MPLX), Ecopetrol (EC), and ONEOK (OKE). These companies are all part of the "oil royalty traders" industry.These companies are all part of the "oil royalty traders" industry.These companies are all part of the "oils/energy" sector.
Texas Pacific Land vs.
Cenovus Energy (NYSE:CVE) and Texas Pacific Land (NYSE:TPL) are both large-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, earnings, profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and risk.
48.0% of Cenovus Energy shares are held by institutional investors. Comparatively, 56.3% of Texas Pacific Land shares are held by institutional investors. 3.8% of Texas Pacific Land shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Cenovus Energy has higher revenue and earnings than Texas Pacific Land. Cenovus Energy is trading at a lower price-to-earnings ratio than Texas Pacific Land, indicating that it is currently the more affordable of the two stocks.
Cenovus Energy has a beta of 2.49, suggesting that its stock price is 149% more volatile than the S&P 500. Comparatively, Texas Pacific Land has a beta of 2.07, suggesting that its stock price is 107% more volatile than the S&P 500.
Texas Pacific Land has a net margin of 61.82% compared to Cenovus Energy's net margin of 3.56%. Cenovus Energy's return on equity of 14.73% beat Texas Pacific Land's return on equity.
Cenovus Energy currently has a consensus target price of $23.35, indicating a potential upside of 13.17%. Texas Pacific Land has a consensus target price of $800.00, indicating a potential downside of 41.58%. Given Cenovus Energy's stronger consensus rating and higher possible upside, research analysts clearly believe Cenovus Energy is more favorable than Texas Pacific Land.
Cenovus Energy received 357 more outperform votes than Texas Pacific Land when rated by MarketBeat users. However, 73.54% of users gave Texas Pacific Land an outperform vote while only 61.06% of users gave Cenovus Energy an outperform vote.
In the previous week, Cenovus Energy had 2 more articles in the media than Texas Pacific Land. MarketBeat recorded 7 mentions for Cenovus Energy and 5 mentions for Texas Pacific Land. Texas Pacific Land's average media sentiment score of 0.98 beat Cenovus Energy's score of 0.41 indicating that Texas Pacific Land is being referred to more favorably in the news media.
Cenovus Energy pays an annual dividend of $0.11 per share and has a dividend yield of 0.5%. Texas Pacific Land pays an annual dividend of $12.00 per share and has a dividend yield of 0.9%. Cenovus Energy pays out 14.5% of its earnings in the form of a dividend. Texas Pacific Land pays out 29.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy has raised its dividend for 1 consecutive years and Texas Pacific Land has raised its dividend for 1 consecutive years.
Summary
Cenovus Energy beats Texas Pacific Land on 11 of the 20 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding TPL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Texas Pacific Land (NYSE:TPL) vs. Its Competitors
Texas Pacific Land Competitors List
