COP vs TPL
ConocoPhillips (COP) and Texas Pacific Land (TPL) compared side by side. ConocoPhillips (COP) is larger, with a market cap of $181.2B versus $23.3B for Texas Pacific Land, about 7.8 times the size. On trailing earnings, COP is cheaper at 20.0x versus 43.1x for TPL.
Head to head
| Metric | COP | TPL |
|---|---|---|
| Market cap | $181.2B | $23.3B |
| P/E (TTM) | 20.0x | 43.1x |
| Forward P/E | 14.0x | 4.6x |
| Revenue (TTM) | $64.5B | $897.5M |
| Revenue growth | 35.5% | 31.2% |
| Gross margin | 47.6% | 93.3% |
| Operating margin | 31.5% | 78.2% |
| Free cash flow | $10.1B | $76.0M |
| Dividend yield | 2.23% | 0.71% |
| 1-year return | +72.7% | +8.9% |
| 5-year return (annual) | +18.9% | +20.6% |
| Max drawdown | -71% | -73% |
| FI Handbook grade | B | B |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
COP vs TPL FAQ
Which is bigger, COP or TPL?
ConocoPhillips (COP) is larger, with a market cap of $181.2B versus $23.3B for Texas Pacific Land, about 7.8 times the size.
Is COP or TPL cheaper?
On trailing earnings, COP is cheaper at 20.0x versus 43.1x for TPL. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, COP or TPL?
COP returned +72.7% over the past year including dividends, versus +8.9% for TPL, through October 23, 2026.
Which pays a higher dividend, COP or TPL?
COP yields 2.23% versus 0.71% for TPL.
Full pages: ConocoPhillips · Texas Pacific Land