California Resources Corporation (CRC) vs Gulfport Energy Corporation (GPOR)

California Resources Corporation and Gulfport Energy Corporation are both Oil & Gas E&P companies. California Resources Corporation is the larger, with a market value of $4.7B against $2.9B — 1.6× the size. California Resources Corporation has negative trailing earnings, so its P/E is not meaningful; Gulfport Energy Corporation trades at 6.6×. Gulfport Energy Corporation grew revenue faster over the last twelve months: 35.2% against −22.5%. Gulfport Energy Corporation has the higher net margin (31.7% vs −3.79%) and the higher return on invested capital (16.2% vs −0.74%). Across the 21 metrics below, Gulfport Energy Corporation leads on 15 and California Resources Corporation on 6.

Valuation

Metric CRC GPOR Oil & Gas E&P median
P/E n/m 6.59 11.01
P/S 1.51 1.93 1.98
P/B 1.42 1.63 1.30
Price to free cash flow 12.53 11.88 10.68
EV/EBITDA 13.39 3.85 5.09
EV/Sales 1.93 2.52 2.63
Earnings yield (2.45%) 15.18% 5.78%
Free cash flow yield 7.98% 8.42% 4.91%

Profitability

Metric CRC GPOR Oil & Gas E&P median
Gross margin 52.43% 94.11% 80.41%
Operating margin (1.72%) 44.99% 21.39%
Net margin (3.79%) 31.67% 14.17%
Free cash flow margin 12.05% 16.26% 8.18%
Return on equity (3.55%) 27.13% 10.05%
Return on assets (1.75%) 15.90% 5.81%
Return on invested capital (0.74%) 16.21% 6.32%

Growth

Metric CRC GPOR Oil & Gas E&P median
Revenue growth (TTM) (22.45%) 35.16% 9.94%
EPS growth (last fiscal year) (10.17%) 245.92% (10.50%)
Revenue growth, 5-year CAGR 18.67% 10.42% 18.67%
Net income growth, 5-year CAGR (27.12%) 0.00% 0.00%

Health

Metric CRC GPOR Oil & Gas E&P median
Debt to equity 0.38 0.51 0.28
Current ratio 0.66 0.58 0.96
Net debt to EBITDA 1.04 0.83 0.89

Dividend

Metric CRC GPOR Oil & Gas E&P median
Dividend yield 2.98% — 3.29%
Payout ratio — — 0.35

Size

Metric CRC GPOR Oil & Gas E&P median
Market cap 4.72b 2.90b 1.04b

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