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 $902.9M against $776.9M — 1.2× the size. HighPeak Energy, Inc. has negative trailing earnings, so its P/E is not meaningful; Infinity Natural Resources Inc. trades at 4.0×. 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 4.00 9.67
P/S 1.04 0.44 1.76
P/B 0.58 0.57 1.19
Price to free cash flow n/m n/m 8.37
EV/EBITDA 3.38 2.07 4.59
EV/Sales 2.25 1.42 2.27
Earnings yield (10.86%) 25.00% 7.55%
Free cash flow yield (0.87%) (77.32%) 3.98%

Profitability

Metric HPK INR Oil & Gas E&P median
Gross margin 80.16% 85.21% 79.54%
Operating margin 15.35% 40.95% 24.01%
Net margin (10.28%) 9.70% 14.11%
Free cash flow margin (0.91%) (33.88%) 7.72%
Return on equity (5.54%) 24.78% 8.99%
Return on assets (2.83%) 3.16% 4.63%
Return on invested capital 3.19% 14.68% 6.33%

Growth

Metric HPK INR Oil & Gas E&P median
Revenue growth (TTM) (17.26%) 75.40% 13.60%
EPS growth (last fiscal year) (79.10%) — (10.17%)
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 0.29
Current ratio 0.87 0.87 0.92
Net debt to EBITDA 1.77 0.74 0.93

Dividend

Metric HPK INR Oil & Gas E&P median
Dividend yield 0.56% — 3.76%
Payout ratio — — 0.33

Size

Metric HPK INR Oil & Gas E&P median
Market cap 902.88m 776.92m 953.29m

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