Mach Natural Resources LP vs Texas Pacific Land
Mach Natural Resources LP is the larger business, with $1.18bn of revenue in fiscal 2025 against $798m for Texas Pacific Land (1.5 times as much). Mach Natural Resources LP grew faster (21.2% against 13.1%). Texas Pacific Land kept more of each dollar of sales as profit: a net margin of 60.3% against 12.2%.
| Latest fiscal year | Mach Natural Resources LPMNR, 2025 | Texas Pacific LandTPL, 2025 |
|---|---|---|
| Revenue | $1.18bn | $798m |
| Revenue growth | 21.2% | 13.1% |
| Net income | $143m | $481m |
| Operating margin | 20.8% | 74.2% |
| Net margin | 12.2% | 60.3% |
| Return on equity | — | 37.2% |
| Free cash flow | $245m | $546m |
| Cash | $42.6m | $145m |
| Total debt | $1.14bn | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | $2.13 |
| Dividend yield | — | 0.7% |
| Share buybacks | — | $8.4m |
| Employees | 840 | 114 |
| Market value | $1.75bn | $22.85bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | — | 100 (Strong) |
| Insider trades, 12 months | 16 buys, 2 sales | 230 buys, 5 sales |