Excelerate Energy, Inc. (EE) vs Golar LNG Limited (GLNG)

Excelerate Energy, Inc. and Golar LNG Limited are both Oil & Gas Midstream companies. Golar LNG Limited is the larger, with a market value of $5.1B against $3.8B — 1.3× the size. Excelerate Energy, Inc. trades at the lower P/E: 22.2× against 31.4×. Golar LNG Limited grew revenue faster over the last twelve months: 59.7% against 49.0%. Golar LNG Limited has the higher net margin (35.7% vs 3.23%) and the lower return on invested capital (3.71% vs 6.44%). Both pay a dividend; Golar LNG Limited yields more (4.66% vs 0.57%). Across the 21 metrics below, Excelerate Energy, Inc. leads on 12 and Golar LNG Limited on 9.

Valuation

Metric EE GLNG Oil & Gas Midstream median
P/E 22.21 31.40 13.19
P/S 0.71 11.08 2.60
P/B 0.46 2.29 2.08
Price to free cash flow 43.58 n/m 10.14
EV/EBITDA 3.95 22.86 8.11
EV/Sales 1.28 14.74 3.89
Earnings yield 4.50% 3.18% 6.83%
Free cash flow yield 2.29% (8.71%) 6.94%

Profitability

Metric EE GLNG Oil & Gas Midstream median
Gross margin 37.48% 65.48% 58.81%
Operating margin 21.78% 50.45% 32.14%
Net margin 3.23% 35.65% 21.16%
Free cash flow margin 1.64% (96.52%) 10.15%
Return on equity 2.15% 7.21% 11.30%
Return on assets 1.16% 6.05% 5.00%
Return on invested capital 6.44% 3.71% 6.13%

Growth

Metric EE GLNG Oil & Gas Midstream median
Revenue growth (TTM) 48.97% 59.70% 15.44%
EPS growth (last fiscal year) 0.79% 35.42% —
Revenue growth, 5-year CAGR 23.31% (2.15%) 8.96%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric EE GLNG Oil & Gas Midstream median
Debt to equity 0.53 1.22 0.78
Current ratio 1.80 2.34 1.19
Net debt to EBITDA 1.65 9.20 3.42

Dividend

Metric EE GLNG Oil & Gas Midstream median
Dividend yield 0.57% 4.66% 7.29%
Payout ratio 0.09 0.27 0.64

Size

Metric EE GLNG Oil & Gas Midstream median
Market cap 3.81b 5.10b 3.61b

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