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. and Teekay Tankers Ltd. are of similar size ($3.7B and $3.4B). Teekay Tankers Ltd. trades at the lower P/E: 5.7× against 22.3×. 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 (1.03% vs 0.99%). 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 22.28 5.69 12.77
P/S 0.72 2.93 2.36
P/B 0.46 1.42 2.09
Price to free cash flow 43.73 5.18 9.71
EV/EBITDA 3.95 3.45 8.30
EV/Sales 1.29 1.90 3.88
Earnings yield 4.49% 17.58% 7.15%
Free cash flow yield 2.29% 19.31% 6.86%

Profitability

Metric EE TNK Oil & Gas Midstream median
Gross margin 37.48% 50.33% 56.58%
Operating margin 21.78% 47.65% 34.18%
Net margin 3.23% 51.35% 22.50%
Free cash flow margin 1.64% 56.49% 13.70%
Return on equity 2.15% 28.04% 14.65%
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% 15.60%
EPS growth (last fiscal year) 0.79% (13.16%) (7.86%)
Revenue growth, 5-year CAGR 23.31% 1.43% 9.59%
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 0.99% 1.03% 4.54%
Payout ratio 0.23 0.06 0.76

Size

Metric EE TNK Oil & Gas Midstream median
Market cap 3.69b 3.37b 3.73b

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