SM Energy (SM) 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
SM Energy (SM) has outperformed Texas Pacific Land (TPL) over the past year, gaining 39.4% versus a gain of 8.1%. Over five years, TPL leads with a +154.6% price change compared with +21.2% for SM. Texas Pacific Land is the larger company by market cap ($24.64 billion vs $8.83 billion), about 2.8 times the size, while SM Energy is growing revenue faster (+17.2% vs +13.1%).
On valuation, SM Energy trades at a lower forward P/E (4.5x vs 4.9x for Texas Pacific Land). SM Energy offers the higher dividend yield (2.21% vs 0.64%). Texas Pacific Land converts more of its revenue into profit, with a net margin of 60.3% versus 20.5%.
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 | SM | TPL |
|---|---|---|
| Share price | $37.12 | $357.24 |
| Market cap | $8.83B | $24.64B |
| 1-day change | +5.30% | +3.31% |
| YTD return | +88.50% | +20.39% |
| 1-year return | +39.44% | +8.10% |
| 5-year return | +21.18% | +154.60% |
| P/E ratio (TTM) | 6.58 | 45.57 |
| Forward P/E | 4.54 | 4.89 |
| EPS (TTM) | $5.64 | $7.84 |
| Dividend yield | 2.21% | 0.64% |
| Annual dividend | $0.82 | $2.27 |
| Revenue (latest FY) | $3.15B | $798.19M |
| Revenue growth (YoY) | +17.25% | +13.09% |
| Net income (latest FY) | $648.00M | $481.38M |
| Gross margin | 71.94% | — |
| Operating margin | 31.71% | 74.19% |
| Net margin | 20.55% | 60.31% |
| 52-week high | $41.56 | $547.20 |
| 52-week low | $17.45 | $269.23 |
| Distance from 52-week high | -10.68% | -34.72% |
| Analyst consensus | buy | none |
| Avg. price target upside | +18.05% | +24.01% |
| Average volume | 3.69M | 358.46K |
| Shares outstanding | 237.85M | 68.97M |
| Employees | 1,241 | 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 is about 2.8 times larger than SM Energy by market value ($24.64B vs $8.83B).
- SM has outperformed TPL by 31.3 percentage points over the past year.
- Texas Pacific Land trades at a higher earnings multiple (45.6x vs 6.6x trailing P/E).
- SM Energy offers a meaningfully higher dividend yield (2.21% vs 0.64%).
- Texas Pacific Land is more profitable, keeping 60.3 cents of every revenue dollar as net income versus 20.5 cents for SM Energy.
About SM Energy
SM stock →SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin.
Energy · Oil & Gas Production · 1,241 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
SM vs TPL FAQ
Which is bigger, SM Energy or Texas Pacific Land?
Texas Pacific Land (TPL) is larger, with a market capitalization of $24.64B compared with $8.83B for SM Energy (SM).
Which stock has performed better over the past year, SM or TPL?
SM returned +39.44% 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, SM or TPL?
SM has the lower trailing P/E at 6.6, 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, SM Energy or Texas Pacific Land?
SM Energy has the higher yield at 2.21%, compared with 0.64% for Texas Pacific Land.
Are SM Energy and Texas Pacific Land in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.