Chord Energy Corporation (CHRD) vs SM Energy Company (SM)

Chord Energy Corporation and SM Energy Company are both Oil & Gas E&P companies. Chord Energy Corporation and SM Energy Company are of similar size ($7.2B and $7.1B). SM Energy Company trades at the lower P/E: 7.2× against 8.5×. SM Energy Company grew revenue faster over the last twelve months: 107.5% against 30.1%. SM Energy Company has the higher net margin (13.7% vs 13.3%) and the lower return on invested capital (7.24% vs 10.7%). Both pay a dividend; Chord Energy Corporation yields more (3.81% vs 2.87%). Across the 22 metrics below, SM Energy Company leads on 13 and Chord Energy Corporation on 9.

Valuation

Metric CHRD SM Oil & Gas E&P median
P/E 8.53 7.24 9.65
P/S 1.11 1.04 1.73
P/B 0.90 0.91 1.23
Price to free cash flow 8.78 3.67 9.34
EV/EBITDA 3.04 4.11 4.58
EV/Sales 1.22 2.12 2.27
Earnings yield 11.73% 13.81% 7.67%
Free cash flow yield 11.38% 27.24% 4.40%

Profitability

Metric CHRD SM Oil & Gas E&P median
Gross margin 52.26% 74.24% 80.16%
Operating margin 22.83% 23.57% 24.33%
Net margin 13.31% 13.69% 14.15%
Free cash flow margin 12.63% 28.25% 10.07%
Return on equity 10.94% 15.02% 9.41%
Return on assets 6.60% 6.69% 5.35%
Return on invested capital 10.71% 7.24% 6.33%

Growth

Metric CHRD SM Oil & Gas E&P median
Revenue growth (TTM) 30.05% 107.54% 13.60%
EPS growth (last fiscal year) (95.38%) (15.44%) (10.17%)
Revenue growth, 5-year CAGR 38.63% 22.86% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CHRD SM Oil & Gas E&P median
Debt to equity 0.18 0.85 0.29
Current ratio 1.34 0.57 0.90
Net debt to EBITDA 0.79 1.06 0.93

Dividend

Metric CHRD SM Oil & Gas E&P median
Dividend yield 3.81% 2.87% 3.80%
Payout ratio 0.33 0.21 0.33

Size

Metric CHRD SM Oil & Gas E&P median
Market cap 7.24b 7.05b 895.85m

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