Texas Pacific Land vs Vermilion Energy
Vermilion Energy is the larger business, with $1.26bn of revenue in fiscal 2025 against $798m for Texas Pacific Land (1.6 times as much). Texas Pacific Land grew faster (13.1% against 11.9%). Texas Pacific Land kept more of each dollar of sales as profit: a net margin of 60.3% against -37.0%. Texas Pacific Land carries less debt relative to equity (0.0% against 56.0%).
| Latest fiscal year | Texas Pacific LandTPL, 2025 | Vermilion EnergyVET, 2025 |
|---|---|---|
| Revenue | $798m | $1.26bn |
| Revenue growth | 13.1% | 11.9% |
| Net income | $481m | −$468m |
| Operating margin | 74.2% | — |
| Net margin | 60.3% | -37.0% |
| Return on equity | 37.2% | -26.2% |
| Free cash flow | $546m | — |
| Cash | $145m | $13.9m |
| Total debt | $0 | $907m |
| Debt to equity | 0.0% | 56.0% |
| Dividend per share | $2.13 | — |
| Dividend yield | 0.7% | — |
| Share buybacks | $8.4m | — |
| Employees | 114 | — |
| Market value | $22.85bn | $1.90bn |
| Price vs our value range | Within our value range | — |
| Moat score | 100 (Strong) | — |
| Insider trades, 12 months | 230 buys, 5 sales | 0 buys, 0 sales |