EOG Resources, Inc. (EOG) vs Expand Energy Corporation (EXE)

EOG Resources, Inc. and Expand Energy Corporation are both Oil & Gas E&P companies. EOG Resources, Inc. is the larger, with a market value of $80.1B against $21.0B — 3.8× the size. Expand Energy Corporation trades at the lower P/E: 8.0× against 12.2×. Expand Energy Corporation grew revenue faster over the last twelve months: 59.3% against 19.1%. EOG Resources, Inc. has the higher net margin (25.4% vs 20.5%) and the higher return on invested capital (16.0% vs 10.3%). Only EOG Resources, Inc. pays a dividend (3.23%). Across the 22 metrics below, Expand Energy Corporation leads on 12 and EOG Resources, Inc. on 10.

Valuation

Metric EOG EXE Oil & Gas E&P median
P/E 12.22 8.02 11.01
P/S 3.08 1.64 1.98
P/B 2.61 1.15 1.30
Price to free cash flow 12.27 8.64 10.68
EV/EBITDA 6.26 4.06 5.09
EV/Sales 3.19 1.92 2.63
Earnings yield 8.18% 12.46% 5.78%
Free cash flow yield 8.15% 11.57% 4.91%

Profitability

Metric EOG EXE Oil & Gas E&P median
Gross margin 100.00% 80.66% 80.41%
Operating margin 32.95% 26.94% 21.39%
Net margin 25.44% 20.46% 14.17%
Free cash flow margin 25.06% 18.94% 8.18%
Return on equity 22.51% 14.89% 10.05%
Return on assets 13.61% 9.97% 5.81%
Return on invested capital 15.96% 10.25% 6.32%

Growth

Metric EOG EXE Oil & Gas E&P median
Revenue growth (TTM) 19.07% 59.29% 9.94%
EPS growth (last fiscal year) (18.93%) 266.37% (10.50%)
Revenue growth, 5-year CAGR 15.46% 18.27% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EOG EXE Oil & Gas E&P median
Debt to equity 0.25 0.19 0.28
Current ratio 1.85 0.96 0.96
Net debt to EBITDA 0.42 0.82 0.89

Dividend

Metric EOG EXE Oil & Gas E&P median
Dividend yield 3.23% 0.00% 3.29%
Payout ratio 0.40 0.00 0.35

Size

Metric EOG EXE Oil & Gas E&P median
Market cap 80.05b 21.02b 1.04b

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