Pembina Pipeline (PBA) vs Texas Pacific Land (TPL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Pembina Pipeline (PBA) has outperformed Texas Pacific Land (TPL) over the past year, gaining 12.3% versus a gain of 8.1%. Over five years, TPL leads with a +154.6% price change compared with +33.6% for PBA. Pembina Pipeline is the larger company by market cap ($27.43 billion vs $24.68 billion), about 1.1 times the size.
On valuation, Texas Pacific Land trades at a lower forward P/E (4.9x vs 20.9x for Pembina Pipeline). Pembina Pipeline offers the higher dividend yield (6.12% vs 0.63%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PBA | TPL |
|---|---|---|
| Share price | $47.16 | $357.77 |
| Market cap | $27.43B | $24.68B |
| 1-day change | +2.60% | +3.46% |
| YTD return | +20.78% | +20.39% |
| 1-year return | +12.29% | +8.10% |
| 5-year return | +33.63% | +154.60% |
| P/E ratio (TTM) | 23.01 | 45.63 |
| Forward P/E | 20.94 | 4.89 |
| EPS (TTM) | $2.05 | $7.84 |
| Dividend yield | 6.12% | 0.63% |
| Annual dividend | $2.89 | $2.27 |
| Revenue (latest FY) | — | $798.19M |
| Revenue growth (YoY) | — | +13.09% |
| Net income (latest FY) | — | $481.38M |
| Operating margin | — | 74.19% |
| Net margin | — | 60.31% |
| 52-week high | $51.58 | $547.20 |
| 52-week low | $36.20 | $269.23 |
| Distance from 52-week high | -8.56% | -34.62% |
| Analyst consensus | buy | none |
| Avg. price target upside | -0.96% | +23.82% |
| Average volume | 986.76K | 358.46K |
| Shares outstanding | 581.55M | 68.97M |
| Employees | 2,974 | 114 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Texas Pacific Land trades at a higher earnings multiple (45.6x vs 23.0x trailing P/E).
- Pembina Pipeline offers a meaningfully higher dividend yield (6.12% vs 0.63%).
About Pembina Pipeline
PBA stock →Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures.
Energy · Oil & Gas Production · 2,974 employees
About Texas Pacific Land
TPL stock →Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin.
Energy · Oil & Gas Production · 114 employees
PBA vs TPL FAQ
Which is bigger, Pembina Pipeline or Texas Pacific Land?
Pembina Pipeline (PBA) is larger, with a market capitalization of $27.43B compared with $24.68B for Texas Pacific Land (TPL).
Which stock has performed better over the past year, PBA or TPL?
PBA returned +12.29% over the past 12 months, compared with +8.10% for TPL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PBA or TPL?
PBA has the lower trailing P/E at 23.0, versus 45.6 for TPL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Pembina Pipeline or Texas Pacific Land?
Pembina Pipeline has the higher yield at 6.12%, compared with 0.63% for Texas Pacific Land.
Are Pembina Pipeline and Texas Pacific Land in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.