EOG Resources, Inc. (EOG) vs Diamondback Energy, Inc. (FANG)

EOG Resources, Inc. and Diamondback Energy, Inc. are both Oil & Gas E&P companies. EOG Resources, Inc. is the larger, with a market value of $80.1B against $54.8B — 1.5× the size. EOG Resources, Inc. trades at the lower P/E: 12.2× against 39.7×. Diamondback Energy, Inc. grew revenue faster over the last twelve months: 21.5% against 19.1%. EOG Resources, Inc. has the higher net margin (25.4% vs 8.58%) and the higher return on invested capital (16.0% vs 1.20%). Both pay a dividend; EOG Resources, Inc. yields more (3.23% vs 2.09%). Across the 22 metrics below, EOG Resources, Inc. leads on 16 and Diamondback Energy, Inc. on 6.

Valuation

Metric EOG FANG Oil & Gas E&P median
P/E 12.22 39.73 11.01
P/S 3.08 3.35 1.98
P/B 2.61 1.30 1.30
Price to free cash flow 12.27 6.54 10.68
EV/EBITDA 6.26 10.99 5.09
EV/Sales 3.19 4.06 2.63
Earnings yield 8.18% 2.52% 5.78%
Free cash flow yield 8.15% 15.30% 4.91%

Profitability

Metric EOG FANG Oil & Gas E&P median
Gross margin 100.00% 84.75% 80.41%
Operating margin 32.95% 6.33% 21.39%
Net margin 25.44% 8.58% 14.17%
Free cash flow margin 25.06% 51.26% 8.18%
Return on equity 22.51% 3.38% 10.05%
Return on assets 13.61% 2.06% 5.81%
Return on invested capital 15.96% 1.20% 6.32%

Growth

Metric EOG FANG Oil & Gas E&P median
Revenue growth (TTM) 19.07% 21.45% 9.94%
EPS growth (last fiscal year) (18.93%) (63.10%) (10.50%)
Revenue growth, 5-year CAGR 15.46% 39.81% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EOG FANG Oil & Gas E&P median
Debt to equity 0.25 0.29 0.28
Current ratio 1.85 0.47 0.96
Net debt to EBITDA 0.42 2.28 0.89

Dividend

Metric EOG FANG Oil & Gas E&P median
Dividend yield 3.23% 2.09% 3.29%
Payout ratio 0.40 0.83 0.35

Size

Metric EOG FANG Oil & Gas E&P median
Market cap 80.05b 54.77b 1.04b

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