TPL vs WBI
TPL: A high-margin land and royalty owner in the Permian Basin that monetizes its vast surface holdings through oil and gas royalties and comprehensive water infrastructure services. WBI: WaterBridge is the largest integrated produced water infrastructure operator in the US, providing gathering, transportation, recycling and disposal solutions to E&P companies in the Delaware Basin and beyond.
Side-by-side fundamentals
| Metric | TPL | WBI | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $433.10 | $36.21 | |
| Market cap as of 2026-07-23 | $29.4B | $4.4B | |
| P/E as of 2026-07-23 | 58.32 | 319.30 | TPL lower |
| PEG as of 2026-07-23 | 6.07 | n/a | |
| Net margin as of 2026-07-23 | +60.0% | +2.3% | TPL higher |
| Gross margin as of 2026-07-23 | +93.2% | +27.1% | TPL higher |
| Operating margin as of 2026-07-23 | +74.4% | +12.8% | TPL higher |
| ROE as of 2026-07-23 | +35.5% | +2.1% | TPL higher |
| ROA as of 2026-07-23 | +31.9% | +0.4% | TPL higher |
| Debt / equity as of 2026-07-23 | 0.00 | 2.24 | TPL lower |
| Revenue growth (YoY) as of 2026-07-23 | +15.3% | n/a | |
| Revenue CAGR (3y) SEC XBRL | +6.1% | +61.8% | WBI higher |
| Dividend yield as of 2026-07-23 | +0.6% | +0.6% | WBI higher |
| Dividend streak (yrs) SEC XBRL | 1 | n/a | |
| Beta as of 2026-07-23 | 0.65 | -0.07 | |
| 1-year return as of 2026-07-22 close | +38.6% | +77.3% | WBI higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.