Comstock Resources, Inc. (CRK) vs Murphy Oil Corporation (MUR)

Comstock Resources, Inc. and Murphy Oil Corporation are both Oil & Gas E&P companies. Murphy Oil Corporation is the larger, with a market value of $5.1B against $4.0B — 1.3× the size. Comstock Resources, Inc. trades at the lower P/E: 7.3× against 17.7×. Comstock Resources, Inc. grew revenue faster over the last twelve months: 31.6% against 8.20%. Comstock Resources, Inc. has the higher net margin (23.3% vs 9.74%) and the higher return on invested capital (6.31% vs 5.39%). Both pay a dividend; Comstock Resources, Inc. yields more (4.44% vs 3.08%). Across the 21 metrics below, Comstock Resources, Inc. leads on 11 and Murphy Oil Corporation on 10.

Valuation

Metric CRK MUR Oil & Gas E&P median
P/E 7.33 17.72 10.57
P/S 1.76 1.72 1.80
P/B 1.21 0.96 1.27
Price to free cash flow n/m 15.93 9.99
EV/EBITDA 5.49 3.89 5.08
EV/Sales 3.18 2.08 2.39
Earnings yield 13.64% 5.64% 6.06%
Free cash flow yield (7.53%) 6.28% 6.17%

Profitability

Metric CRK MUR Oil & Gas E&P median
Gross margin 99.00% 100.00% 80.41%
Operating margin 28.82% 18.48% 21.39%
Net margin 23.34% 9.74% 14.17%
Free cash flow margin (13.22%) 10.83% 9.71%
Return on equity 18.16% 5.47% 10.05%
Return on assets 7.15% 2.92% 5.81%
Return on invested capital 6.31% 5.39% 6.32%

Growth

Metric CRK MUR Oil & Gas E&P median
Revenue growth (TTM) 31.59% 8.20% 9.94%
EPS growth (last fiscal year) 288.16% (73.33%) —
Revenue growth, 5-year CAGR 20.94% 6.68% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CRK MUR Oil & Gas E&P median
Debt to equity 0.98 0.29 0.28
Current ratio 0.48 0.85 0.96
Net debt to EBITDA 2.14 0.78 0.91

Dividend

Metric CRK MUR Oil & Gas E&P median
Dividend yield 4.44% 3.08% 4.93%
Payout ratio 0.11 0.16 0.07

Size

Metric CRK MUR Oil & Gas E&P median
Market cap 3.98b 5.14b 923.59m

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