Pedevco Corp. (PED) vs PrimeEnergy Corporation (PNRG)

Pedevco Corp. and PrimeEnergy Corporation are both Oil & Gas E&P companies. PrimeEnergy Corporation is the larger, with a market value of $286.2M against $192.2M — 1.5× the size. Pedevco Corp. has negative trailing earnings, so its P/E is not meaningful; PrimeEnergy Corporation trades at 12.1×. Pedevco Corp. grew revenue faster over the last twelve months: 229.4% against −19.4%. PrimeEnergy Corporation has the higher net margin (13.9% vs −14.6%) and the higher return on invested capital (9.18% vs 3.73%). Across the 19 metrics below, PrimeEnergy Corporation leads on 14 and Pedevco Corp. on 5.

Valuation

Metric PED PNRG Oil & Gas E&P median
P/E n/m 12.14 9.67
P/S 1.66 1.66 1.76
P/B 0.97 1.36 1.19
Price to free cash flow n/m 5.96 8.37
EV/EBITDA 5.27 2.93 4.59
EV/Sales 2.29 1.58 2.27
Earnings yield (26.70%) 8.23% 7.55%
Free cash flow yield (2.36%) 16.79% 3.98%

Profitability

Metric PED PNRG Oil & Gas E&P median
Gross margin 100.00% 68.29% 79.54%
Operating margin 14.01% 15.75% 24.01%
Net margin (14.61%) 13.87% 14.11%
Free cash flow margin 26.74% 27.95% 7.72%
Return on equity (10.60%) 11.72% 8.99%
Return on assets (6.85%) 7.54% 4.63%
Return on invested capital 3.73% 9.18% 6.33%

Growth

Metric PED PNRG Oil & Gas E&P median
Revenue growth (TTM) 229.37% (19.43%) 13.60%
EPS growth (last fiscal year) (181.67%) (50.52%) (10.17%)
Revenue growth, 5-year CAGR 41.52% 26.47% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PED PNRG Oil & Gas E&P median
Debt to equity 0.42 0.01 0.29
Current ratio 0.78 1.49 0.92
Net debt to EBITDA 7.91 (0.07) 0.93

Dividend

Metric PED PNRG Oil & Gas E&P median
Dividend yield — — 3.76%
Payout ratio — — 0.33

Size

Metric PED PNRG Oil & Gas E&P median
Market cap 192.20m 286.20m 953.29m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack