Kosmos Energy Ltd. (KOS) vs Northern Oil and Gas, Inc. (NOG)

Kosmos Energy Ltd. and Northern Oil and Gas, Inc. are both Oil & Gas E&P companies. Northern Oil and Gas, Inc. is the larger, with a market value of $2.5B against $1.7B — 1.5× the size. Kosmos Energy Ltd. grew revenue faster over the last twelve months: 7.13% against −25.6%. Northern Oil and Gas, Inc. has the higher net margin (−25.4% vs −34.0%) and the lower return on invested capital (−6.22% vs 2.91%). Across the 19 metrics below, Northern Oil and Gas, Inc. leads on 11 and Kosmos Energy Ltd. on 8.

Valuation

Metric KOS NOG Oil & Gas E&P median
P/E n/m n/m 10.57
P/S 0.99 1.29 1.80
P/B 2.23 1.24 1.27
Price to free cash flow 14.14 n/m 9.99
EV/EBITDA 6.00 15.25 5.08
EV/Sales 2.58 2.70 2.39
Earnings yield (44.91%) (22.03%) 6.06%
Free cash flow yield 7.07% (11.93%) 6.17%

Profitability

Metric KOS NOG Oil & Gas E&P median
Gross margin 47.27% 66.68% 80.41%
Operating margin 9.48% (24.10%) 21.39%
Net margin (33.98%) (25.35%) 14.17%
Free cash flow margin 6.97% (15.34%) 9.71%
Return on equity (62.95%) (22.05%) 10.05%
Return on assets (11.39%) (8.43%) 5.81%
Return on invested capital 2.91% (6.22%) 6.32%

Growth

Metric KOS NOG Oil & Gas E&P median
Revenue growth (TTM) 7.13% (25.62%) 9.94%
EPS growth (last fiscal year) (467.50%) (92.41%) —
Revenue growth, 5-year CAGR 7.58% 35.00% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric KOS NOG Oil & Gas E&P median
Debt to equity 3.79 1.37 0.28
Current ratio 0.59 0.80 0.96
Net debt to EBITDA 10.18 2.07 0.91

Dividend

Metric KOS NOG Oil & Gas E&P median
Dividend yield — 4.49% 4.93%
Payout ratio 0.00 0.09 0.07

Size

Metric KOS NOG Oil & Gas E&P median
Market cap 1.66b 2.51b 923.59m

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