HighPeak Energy, Inc. (HPK) vs Riley Exploration Permian, Inc. (REPX)

HighPeak Energy, Inc. and Riley Exploration Permian, Inc. are both Oil & Gas E&P companies. HighPeak Energy, Inc. and Riley Exploration Permian, Inc. are of similar size ($902.9M and $888.8M). HighPeak Energy, Inc. has negative trailing earnings, so its P/E is not meaningful; Riley Exploration Permian, Inc. trades at 8.5×. Riley Exploration Permian, Inc. grew revenue faster over the last twelve months: 45.5% against −17.3%. Riley Exploration Permian, Inc. has the higher net margin (17.3% vs −10.3%) and the higher return on invested capital (19.6% vs 3.19%). Both pay a dividend; Riley Exploration Permian, Inc. yields more (4.02% vs 0.56%). Across the 20 metrics below, Riley Exploration Permian, Inc. leads on 16 and HighPeak Energy, Inc. on 4.

Valuation

Metric HPK REPX Oil & Gas E&P median
P/E n/m 8.54 9.67
P/S 1.04 1.46 1.76
P/B 0.58 1.35 1.19
Price to free cash flow n/m 8.39 8.37
EV/EBITDA 3.38 3.58 4.59
EV/Sales 2.25 1.83 2.27
Earnings yield (10.86%) 11.71% 7.55%
Free cash flow yield (0.87%) 11.92% 3.98%

Profitability

Metric HPK REPX Oil & Gas E&P median
Gross margin 80.16% 100.00% 79.54%
Operating margin 15.35% 45.62% 24.01%
Net margin (10.28%) 17.28% 14.11%
Free cash flow margin (0.91%) 49.61% 7.72%
Return on equity (5.54%) 16.76% 8.99%
Return on assets (2.83%) 7.96% 4.63%
Return on invested capital 3.19% 19.63% 6.33%

Growth

Metric HPK REPX Oil & Gas E&P median
Revenue growth (TTM) (17.26%) 45.50% 13.60%
EPS growth (last fiscal year) (79.10%) 78.17% (10.17%)
Revenue growth, 5-year CAGR 103.69% 164.32% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HPK REPX Oil & Gas E&P median
Debt to equity 0.77 0.38 0.29
Current ratio 0.87 0.41 0.92
Net debt to EBITDA 1.77 0.99 0.93

Dividend

Metric HPK REPX Oil & Gas E&P median
Dividend yield 0.56% 4.02% 3.76%
Payout ratio — 0.35 0.33

Size

Metric HPK REPX Oil & Gas E&P median
Market cap 902.88m 888.81m 953.29m

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