Permian Resources Corporation (PR) vs Range Resources Corporation (RRC)

Permian Resources Corporation and Range Resources Corporation are both Oil & Gas E&P companies. Permian Resources Corporation is the larger, with a market value of $18.2B against $9.1B — 2.0× the size. Range Resources Corporation trades at the lower P/E: 10.6× against 13.9×. Range Resources Corporation grew revenue faster over the last twelve months: 23.2% against 12.8%. Range Resources Corporation has the higher net margin (25.0% vs 21.5%) and the higher return on invested capital (13.7% vs 8.64%). Both pay a dividend; Permian Resources Corporation yields more (2.49% vs 1.12%). Across the 22 metrics below, Range Resources Corporation leads on 17 and Permian Resources Corporation on 5.

Valuation

Metric PR RRC Oil & Gas E&P median
P/E 13.87 10.58 10.57
P/S 3.12 2.64 1.80
P/B 1.49 1.92 1.27
Price to free cash flow 16.45 13.32 9.99
EV/EBITDA 5.08 6.60 5.08
EV/Sales 3.67 3.07 2.39
Earnings yield 7.21% 9.45% 6.06%
Free cash flow yield 6.08% 7.51% 6.17%

Profitability

Metric PR RRC Oil & Gas E&P median
Gross margin 75.85% 93.07% 80.41%
Operating margin 35.84% 35.59% 21.39%
Net margin 21.52% 25.00% 14.17%
Free cash flow margin 18.95% 19.80% 9.71%
Return on equity 10.78% 19.44% 10.05%
Return on assets 6.86% 11.71% 5.81%
Return on invested capital 8.64% 13.71% 6.32%

Growth

Metric PR RRC Oil & Gas E&P median
Revenue growth (TTM) 12.81% 23.24% 9.94%
EPS growth (last fiscal year) (11.72%) 151.38% —
Revenue growth, 5-year CAGR 54.23% 9.62% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PR RRC Oil & Gas E&P median
Debt to equity 0.25 0.18 0.28
Current ratio 0.62 0.65 0.96
Net debt to EBITDA 0.97 0.89 0.91

Dividend

Metric PR RRC Oil & Gas E&P median
Dividend yield 2.49% 1.12% 4.93%
Payout ratio 0.00 0.05 0.07

Size

Metric PR RRC Oil & Gas E&P median
Market cap 18.15b 9.11b 923.59m

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