APA Corporation (APA) vs Chord Energy Corporation (CHRD)

APA Corporation and Chord Energy Corporation are both Oil & Gas E&P companies. APA Corporation is the larger, with a market value of $15.3B against $7.7B — 2.0× the size. APA Corporation trades at the lower P/E: 9.0× against 9.1×. Chord Energy Corporation grew revenue faster over the last twelve months: 19.2% against −16.1%. APA Corporation has the higher net margin (19.5% vs 13.3%) and the higher return on invested capital (17.3% vs 8.12%). Both pay a dividend; Chord Energy Corporation yields more (6.46% vs 3.28%). Across the 22 metrics below, APA Corporation leads on 13 and Chord Energy Corporation on 9.

Valuation

Metric APA CHRD Oil & Gas E&P median
P/E 9.02 9.13 10.57
P/S 1.75 1.21 1.80
P/B 1.90 0.91 1.27
Price to free cash flow 9.85 11.99 9.99
EV/EBITDA 3.47 3.19 5.08
EV/Sales 2.14 1.36 2.39
Earnings yield 11.09% 10.95% 6.06%
Free cash flow yield 10.15% 8.34% 6.17%

Profitability

Metric APA CHRD Oil & Gas E&P median
Gross margin 92.58% 49.69% 80.41%
Operating margin 36.09% 18.97% 21.39%
Net margin 19.48% 13.33% 14.17%
Free cash flow margin 17.78% 10.09% 9.71%
Return on equity 22.59% 10.24% 10.05%
Return on assets 9.30% 6.41% 5.81%
Return on invested capital 17.27% 8.12% 6.32%

Growth

Metric APA CHRD Oil & Gas E&P median
Revenue growth (TTM) (16.13%) 19.23% 9.94%
EPS growth (last fiscal year) 75.77% (95.38%) —
Revenue growth, 5-year CAGR 16.44% 38.63% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APA CHRD Oil & Gas E&P median
Debt to equity 0.47 0.18 0.28
Current ratio 0.95 1.22 0.96
Net debt to EBITDA 0.78 0.79 0.91

Dividend

Metric APA CHRD Oil & Gas E&P median
Dividend yield 3.28% 6.46% 4.93%
Payout ratio 0.18 0.15 0.07

Size

Metric APA CHRD Oil & Gas E&P median
Market cap 15.30b 7.73b 923.59m

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