HighPeak Energy, Inc. (HPK) vs Infinity Natural Resources Inc. (INR)

HighPeak Energy, Inc. and Infinity Natural Resources Inc. are both Oil & Gas E&P companies. HighPeak Energy, Inc. is the larger, with a market value of $975.0M against $848.6M — 1.1× the size. HighPeak Energy, Inc. has negative trailing earnings, so its P/E is not meaningful; Infinity Natural Resources Inc. trades at 4.4×. Infinity Natural Resources Inc. grew revenue faster over the last twelve months: 75.4% against −17.3%. Infinity Natural Resources Inc. has the higher net margin (9.70% vs −10.3%) and the higher return on invested capital (14.7% vs 3.19%). Across the 17 metrics below, Infinity Natural Resources Inc. leads on 14 and HighPeak Energy, Inc. on 3.

Valuation

Metric HPK INR Oil & Gas E&P median
P/E n/m 4.37 10.57
P/S 1.10 0.47 1.80
P/B 0.61 0.61 1.27
Price to free cash flow n/m n/m 9.99
EV/EBITDA 3.47 2.11 5.08
EV/Sales 2.31 1.45 2.39
Earnings yield (10.26%) 22.89% 6.06%
Free cash flow yield (0.83%) (72.47%) 6.17%

Profitability

Metric HPK INR Oil & Gas E&P median
Gross margin 80.16% 85.21% 80.41%
Operating margin 15.35% 40.95% 21.39%
Net margin (10.28%) 9.70% 14.17%
Free cash flow margin (0.91%) (33.88%) 9.71%
Return on equity (5.54%) 24.78% 10.05%
Return on assets (2.83%) 3.16% 5.81%
Return on invested capital 3.19% 14.68% 6.32%

Growth

Metric HPK INR Oil & Gas E&P median
Revenue growth (TTM) (17.26%) 75.40% 9.94%
EPS growth (last fiscal year) (79.10%) — —
Revenue growth, 5-year CAGR 103.69% — 18.67%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric HPK INR Oil & Gas E&P median
Debt to equity 0.77 1.35 0.28
Current ratio 0.87 0.87 0.96
Net debt to EBITDA 1.77 0.74 0.91

Dividend

Metric HPK INR Oil & Gas E&P median
Dividend yield 0.53% — 4.93%
Payout ratio 0.05 — 0.07

Size

Metric HPK INR Oil & Gas E&P median
Market cap 974.95m 848.59m 923.59m

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