Vaalco Energy Inc (EGY) vs Ring Energy, Inc. (REI)

Vaalco Energy Inc and Ring Energy, Inc. are both Oil & Gas E&P companies. Vaalco Energy Inc is the larger, with a market value of $621.7M against $351.7M — 1.8× the size. Ring Energy, Inc. grew revenue faster over the last twelve months: −3.15% against −25.5%. Vaalco Energy Inc has the higher net margin (−31.1% vs −68.0%) and the higher return on invested capital (−3.95% vs −9.64%). Across the 18 metrics below, Vaalco Energy Inc leads on 9 and Ring Energy, Inc. on 9.

Valuation

Metric EGY REI Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 1.74 0.98 1.80
P/B 1.60 0.42 1.27
Price to free cash flow n/m 10.12 9.99
EV/EBITDA 12.06 n/m 5.08
EV/Sales 2.34 2.09 2.39
Earnings yield (18.21%) (80.15%) 6.06%
Free cash flow yield (22.02%) 9.88% 6.17%

Profitability

Metric EGY REI Oil & Gas E&P median
Gross margin 100.00% 71.76% 80.41%
Operating margin (10.44%) (53.03%) 21.39%
Net margin (31.11%) (68.02%) 14.17%
Free cash flow margin (38.30%) 9.71% 9.71%
Return on equity (24.40%) (26.68%) 10.05%
Return on assets (11.26%) (15.75%) 5.81%
Return on invested capital (3.95%) (9.64%) 6.32%

Growth

Metric EGY REI Oil & Gas E&P median
Revenue growth (TTM) (25.46%) (3.15%) 9.94%
EPS growth (last fiscal year) (171.43%) (150.00%) —
Revenue growth, 5-year CAGR 39.84% 22.14% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EGY REI Oil & Gas E&P median
Debt to equity 0.60 0.48 0.28
Current ratio 0.44 0.54 0.96
Net debt to EBITDA 0.65 6.31 0.91

Dividend

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

Size

Metric EGY REI Oil & Gas E&P median
Market cap 621.68m 351.73m 923.59m

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