TPL vs. CVX
Compare and contrast key facts about Texas Pacific Land Corporation (TPL) and Chevron Corporation (CVX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPL or CVX.
Correlation
The correlation between TPL and CVX is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TPL vs. CVX - Performance Comparison
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Key characteristics
TPL:
2.22
CVX:
-0.46
TPL:
2.74
CVX:
-0.53
TPL:
1.40
CVX:
0.93
TPL:
3.37
CVX:
-0.59
TPL:
7.41
CVX:
-1.46
TPL:
17.07%
CVX:
8.83%
TPL:
56.06%
CVX:
25.18%
TPL:
-73.05%
CVX:
-55.77%
TPL:
-21.47%
CVX:
-19.91%
Fundamentals
TPL:
$31.51B
CVX:
$237.78B
TPL:
$20.01
CVX:
$8.75
TPL:
68.50
CVX:
15.69
TPL:
0.00
CVX:
3.76
TPL:
43.30
CVX:
1.22
TPL:
26.12
CVX:
1.61
TPL:
$727.66M
CVX:
$194.44B
TPL:
$653.55M
CVX:
$53.54B
TPL:
$586.43M
CVX:
$43.57B
Returns By Period
In the year-to-date period, TPL achieves a 22.72% return, which is significantly higher than CVX's -4.22% return. Over the past 10 years, TPL has outperformed CVX with an annualized return of 40.64%, while CVX has yielded a comparatively lower 7.11% annualized return.
TPL
22.72%
8.54%
-6.35%
123.51%
46.07%
50.09%
40.64%
CVX
-4.22%
2.60%
-14.01%
-11.41%
-3.05%
13.33%
7.11%
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Risk-Adjusted Performance
TPL vs. CVX — Risk-Adjusted Performance Rank
TPL
CVX
TPL vs. CVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Pacific Land Corporation (TPL) and Chevron Corporation (CVX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
TPL vs. CVX - Dividend Comparison
TPL's dividend yield for the trailing twelve months is around 1.15%, less than CVX's 4.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPL Texas Pacific Land Corporation | 1.15% | 1.58% | 0.83% | 1.37% | 0.88% | 3.58% | 0.77% | 0.75% | 0.30% | 0.10% | 0.22% | 0.23% |
CVX Chevron Corporation | 4.93% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% | 3.75% |
Drawdowns
TPL vs. CVX - Drawdown Comparison
The maximum TPL drawdown since its inception was -73.05%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for TPL and CVX. For additional features, visit the drawdowns tool.
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Volatility
TPL vs. CVX - Volatility Comparison
Texas Pacific Land Corporation (TPL) has a higher volatility of 9.55% compared to Chevron Corporation (CVX) at 5.56%. This indicates that TPL's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
TPL vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between Texas Pacific Land Corporation and Chevron Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TPL vs. CVX - Profitability Comparison
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Texas Pacific Land Corporation reported a gross profit of 172.92M and revenue of 195.98M. Therefore, the gross margin over that period was 88.2%.
CVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Chevron Corporation reported a gross profit of 11.36B and revenue of 47.61B. Therefore, the gross margin over that period was 23.9%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Texas Pacific Land Corporation reported an operating income of 150.07M and revenue of 195.98M, resulting in an operating margin of 76.6%.
CVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Chevron Corporation reported an operating income of -1.85B and revenue of 47.61B, resulting in an operating margin of -3.9%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Texas Pacific Land Corporation reported a net income of 120.65M and revenue of 195.98M, resulting in a net margin of 61.6%.
CVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Chevron Corporation reported a net income of 3.51B and revenue of 47.61B, resulting in a net margin of 7.4%.