Vaalco Energy Inc (EGY) vs Obsidian Energy (OBE)

Vaalco Energy Inc and Obsidian Energy are both Oil & Gas E&P companies. Obsidian Energy is the larger, with a market value of $750.7M against $621.7M — 1.2× the size. Vaalco Energy Inc has negative trailing earnings, so its P/E is not meaningful; Obsidian Energy trades at 34.5×. Obsidian Energy grew revenue faster over the last twelve months: −19.3% against −25.5%. Obsidian Energy has the higher net margin (4.53% vs −31.1%) and the higher return on invested capital (1.47% vs −3.95%). Across the 19 metrics below, Obsidian Energy leads on 16 and Vaalco Energy Inc on 3.

Valuation

Metric EGY OBE Oil & Gas E&P median
P/E n/m 34.48 10.57
P/S 1.74 1.61 1.80
P/B 1.60 0.71 1.27
Price to free cash flow n/m n/m 9.99
EV/EBITDA 12.06 5.98 5.08
EV/Sales 2.34 2.27 2.39
Earnings yield (18.21%) 2.90% 6.06%
Free cash flow yield (22.02%) (18.80%) 6.17%

Profitability

Metric EGY OBE Oil & Gas E&P median
Gross margin 100.00% 63.83% 80.41%
Operating margin (10.44%) 6.70% 21.39%
Net margin (31.11%) 4.53% 14.17%
Free cash flow margin (38.30%) (30.26%) 9.71%
Return on equity (24.40%) 1.99% 10.05%
Return on assets (11.26%) 1.43% 5.81%
Return on invested capital (3.95%) 1.47% 6.32%

Growth

Metric EGY OBE Oil & Gas E&P median
Revenue growth (TTM) (25.46%) (19.29%) 9.94%
EPS growth (last fiscal year) (171.43%) 117.95% —
Revenue growth, 5-year CAGR 39.84% 15.86% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EGY OBE Oil & Gas E&P median
Debt to equity 0.60 0.25 0.28
Current ratio 0.44 0.78 0.96
Net debt to EBITDA 0.65 0.66 0.91

Dividend

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

Size

Metric EGY OBE Oil & Gas E&P median
Market cap 621.68m 750.71m 923.59m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack