Baytex Energy vs Texas Pacific Land
Baytex Energy is the larger business, with $1.06bn of revenue in fiscal 2025 against $798m for Texas Pacific Land (1.3 times as much). Texas Pacific Land grew faster (13.1% against -10.0%). Texas Pacific Land kept more of each dollar of sales as profit: a net margin of 60.3% against -40.8%. Baytex Energy carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Baytex EnergyBTE, 2025 | Texas Pacific LandTPL, 2025 |
|---|---|---|
| Revenue | $1.06bn | $798m |
| Revenue growth | -10.0% | 13.1% |
| Net income | −$432m | $481m |
| Operating margin | — | 74.2% |
| Net margin | -40.8% | 60.3% |
| Return on equity | -18.6% | 37.2% |
| Free cash flow | — | $546m |
| Cash | $695m | $145m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | $2.13 |
| Dividend yield | 1.3% | 0.7% |
| Share buybacks | $21.1m | $8.4m |
| Employees | — | 114 |
| Market value | $3.68bn | $22.85bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | — | 100 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 230 buys, 5 sales |