Empire Petroleum Corporation (EP) vs PERMIANVILLE ROYALTY TRUST (PVL)

Empire Petroleum Corporation and PERMIANVILLE ROYALTY TRUST are both Oil & Gas E&P companies. Empire Petroleum Corporation is the larger, with a market value of $83.6M against $58.7M — 1.4× the size. Empire Petroleum Corporation has negative trailing earnings, so its P/E is not meaningful; PERMIANVILLE ROYALTY TRUST trades at 7.3×. PERMIANVILLE ROYALTY TRUST grew revenue faster over the last twelve months: −4.59% against −20.8%. PERMIANVILLE ROYALTY TRUST has the higher net margin (17.0% vs −229.6%) and the higher return on invested capital (20.4% vs −225.0%). Across the 18 metrics below, PERMIANVILLE ROYALTY TRUST leads on 15 and Empire Petroleum Corporation on 3.

Valuation

Metric EP PVL Oil & Gas E&P median
P/E n/m 7.30 9.67
P/S 2.70 1.15 1.76
P/B 11.45 n/m 1.19
Price to free cash flow n/m n/m 8.37
EV/EBITDA n/m 5.15 4.59
EV/Sales 3.08 1.08 2.27
Earnings yield (100.99%) 13.69% 7.55%
Free cash flow yield (13.61%) 0.00% 3.98%

Profitability

Metric EP PVL Oil & Gas E&P median
Gross margin 25.08% 54.71% 79.54%
Operating margin (224.05%) 21.04% 24.01%
Net margin (229.58%) 17.01% 14.11%
Free cash flow margin (36.72%) 0.00% 7.72%
Return on equity (230.66%) 0.00% 8.99%
Return on assets (69.31%) 22.28% 4.63%
Return on invested capital (224.98%) 20.40% 6.33%

Growth

Metric EP PVL Oil & Gas E&P median
Revenue growth (TTM) (20.82%) (4.59%) 13.60%
EPS growth (last fiscal year) (292.59%) 22.22% (10.17%)
Revenue growth, 5-year CAGR 34.65% 15.03% 18.67%
Net income growth, 5-year CAGR 0.00% (6.89%) 0.00%

Health

Metric EP PVL Oil & Gas E&P median
Debt to equity 2.07 0.00 0.29
Current ratio 0.42 0.00 0.92
Net debt to EBITDA (0.25) (0.56) 0.93

Dividend

Metric EP PVL Oil & Gas E&P median
Dividend yield — 11.01% 3.76%
Payout ratio — 0.80 0.33

Size

Metric EP PVL Oil & Gas E&P median
Market cap 83.62m 58.74m 953.29m

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