Vaalco Energy Inc (EGY) vs Granite Ridge Resources, Inc. (GRNT)

Vaalco Energy Inc and Granite Ridge Resources, Inc. are both Oil & Gas E&P companies. Vaalco Energy Inc and Granite Ridge Resources, Inc. are of similar size ($621.7M and $598.8M). Granite Ridge Resources, Inc. grew revenue faster over the last twelve months: 14.6% against −25.5%. Granite Ridge Resources, Inc. has the higher net margin (−5.56% vs −31.1%) and the higher return on invested capital (2.36% vs −3.95%). Both pay a dividend; Granite Ridge Resources, Inc. yields more (8.01% vs 6.65%). Across the 19 metrics below, Granite Ridge Resources, Inc. leads on 16 and Vaalco Energy Inc on 3.

Valuation

Metric EGY GRNT Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 1.74 1.17 1.80
P/B 1.60 1.03 1.27
Price to free cash flow n/m n/m 9.99
EV/EBITDA 12.06 3.80 5.08
EV/Sales 2.34 2.01 2.39
Earnings yield (18.21%) (4.73%) 6.06%
Free cash flow yield (22.02%) (17.37%) 6.17%

Profitability

Metric EGY GRNT Oil & Gas E&P median
Gross margin 100.00% 100.00% 80.41%
Operating margin (10.44%) 7.47% 21.39%
Net margin (31.11%) (5.56%) 14.17%
Free cash flow margin (38.30%) (20.35%) 9.71%
Return on equity (24.40%) (4.58%) 10.05%
Return on assets (11.26%) (2.35%) 5.81%
Return on invested capital (3.95%) 2.36% 6.32%

Growth

Metric EGY GRNT Oil & Gas E&P median
Revenue growth (TTM) (25.46%) 14.60% 9.94%
EPS growth (last fiscal year) (171.43%) 28.57% —
Revenue growth, 5-year CAGR 39.84% 38.90% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EGY GRNT Oil & Gas E&P median
Debt to equity 0.60 0.82 0.28
Current ratio 0.44 1.02 0.96
Net debt to EBITDA 0.65 1.36 0.91

Dividend

Metric EGY GRNT Oil & Gas E&P median
Dividend yield 6.65% 8.01% 4.93%
Payout ratio 0.51 0.00 0.07

Size

Metric EGY GRNT Oil & Gas E&P median
Market cap 621.68m 598.83m 923.59m

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