The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | LODE | LBRT | KOP | VIRC |
|---|---|---|---|---|
| Moat Score (0–100) | 41 (highest) | 41 (highest) | 41 (highest) | 41 (highest) |
| Pricing power | 70 (highest) | 9 | 32 | 56 |
| Returns on capital | 0 | 65 (highest) | 42 | 18 |
| Balance-sheet safety | 55 | 50 | 6 | 80 (highest) |
| Capital discipline | 44 | 44 | 88 (highest) | 12 |
| Margin of safety | No price data | 12% above value | 15% above value | 51% below value (highest margin of safety) |
| Market cap | $203.3M | $3.9B | $956.1M | $97.2M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2026 |