Excelerate Energy, Inc. (EE) vs Teekay Tankers Ltd. (TNK)

Excelerate Energy, Inc. and Teekay Tankers Ltd. are both Oil & Gas Midstream companies. Excelerate Energy, Inc. is the larger, with a market value of $3.8B against $3.3B — 1.2× the size. Teekay Tankers Ltd. trades at the lower P/E: 5.5× against 22.2×. Excelerate Energy, Inc. grew revenue faster over the last twelve months: 49.0% against 15.6%. Teekay Tankers Ltd. has the higher net margin (51.4% vs 3.23%) and the higher return on invested capital (29.3% vs 6.44%). Both pay a dividend; Teekay Tankers Ltd. yields more (3.70% vs 0.57%). Across the 22 metrics below, Teekay Tankers Ltd. leads on 16 and Excelerate Energy, Inc. on 6.

Valuation

Metric EE TNK Oil & Gas Midstream median
P/E 22.21 5.52 13.19
P/S 0.71 2.84 2.60
P/B 0.46 1.38 2.08
Price to free cash flow 43.58 5.03 10.14
EV/EBITDA 3.95 3.35 8.11
EV/Sales 1.28 1.85 3.89
Earnings yield 4.50% 18.11% 6.83%
Free cash flow yield 2.29% 19.90% 6.94%

Profitability

Metric EE TNK Oil & Gas Midstream median
Gross margin 37.48% 50.33% 58.81%
Operating margin 21.78% 47.65% 32.14%
Net margin 3.23% 51.35% 21.16%
Free cash flow margin 1.64% 56.49% 10.15%
Return on equity 2.15% 28.04% 11.30%
Return on assets 1.16% 25.45% 5.00%
Return on invested capital 6.44% 29.30% 6.13%

Growth

Metric EE TNK Oil & Gas Midstream median
Revenue growth (TTM) 48.97% 15.60% 15.44%
EPS growth (last fiscal year) 0.79% (13.16%) —
Revenue growth, 5-year CAGR 23.31% 1.43% 8.96%
Net income growth, 5-year CAGR — 32.10% 0.00%

Health

Metric EE TNK Oil & Gas Midstream median
Debt to equity 0.53 0.00 0.78
Current ratio 1.80 9.99 1.19
Net debt to EBITDA 1.65 (2.16) 3.42

Dividend

Metric EE TNK Oil & Gas Midstream median
Dividend yield 0.57% 3.70% 7.29%
Payout ratio 0.09 0.02 0.64

Size

Metric EE TNK Oil & Gas Midstream median
Market cap 3.81b 3.26b 3.61b

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