Snow Lake Resources (NASDAQ:LITM – Get Free Report) and Texas Pacific Land (NYSE:TPL – Get Free Report) are both energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, analyst recommendations, profitability, institutional ownership and risk.
Insider & Institutional Ownership
0.2% of Snow Lake Resources shares are owned by institutional investors. Comparatively, 59.9% of Texas Pacific Land shares are owned by institutional investors. 13.4% of Snow Lake Resources shares are owned by insiders. Comparatively, 6.9% of Texas Pacific Land shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of current ratings and price targets for Snow Lake Resources and Texas Pacific Land, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Snow Lake Resources | 1 | 0 | 0 | 0 | 1.00 |
| Texas Pacific Land | 1 | 2 | 1 | 0 | 2.00 |
Earnings and Valuation
This table compares Snow Lake Resources and Texas Pacific Land”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Snow Lake Resources | N/A | N/A | -$11.46 million | ($3.90) | -0.93 |
| Texas Pacific Land | $772.40 million | 28.73 | $453.96 million | $6.90 | 46.65 |
Texas Pacific Land has higher revenue and earnings than Snow Lake Resources. Snow Lake Resources is trading at a lower price-to-earnings ratio than Texas Pacific Land, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Snow Lake Resources and Texas Pacific Land’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Snow Lake Resources | N/A | N/A | N/A |
| Texas Pacific Land | 61.68% | 38.15% | 34.45% |
Risk & Volatility
Snow Lake Resources has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500. Comparatively, Texas Pacific Land has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500.
Summary
Texas Pacific Land beats Snow Lake Resources on 12 of the 13 factors compared between the two stocks.
About Snow Lake Resources
Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company explores for lithium mineral resources. Its flagship property is the Thomson Brothers and Grass River lithium projects located to Crowduck Bay Fault region. The company was incorporated in 2018 and is based in Winnipeg, Canada.
About Texas Pacific Land
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.
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