Riley Exploration Permian, Inc. (REPX) vs Tamboran Resources Corporation (TBN)

Riley Exploration Permian, Inc. and Tamboran Resources Corporation are both Oil & Gas E&P companies. Riley Exploration Permian, Inc. and Tamboran Resources Corporation are of similar size ($1.1B and $1.0B). Tamboran Resources Corporation has negative trailing earnings, so its P/E is not meaningful; Riley Exploration Permian, Inc. trades at 8.7×. Riley Exploration Permian, Inc. has the higher net margin (24.5% vs 0.00%) and the higher return on invested capital (13.2% vs −2.54%). Across the 13 metrics below, Riley Exploration Permian, Inc. leads on 10 and Tamboran Resources Corporation on 3.

Valuation

Metric REPX TBN Oil & Gas E&P median
P/E 8.69 n/m 11.01
P/S 2.11 n/m 1.98
P/B 1.61 0.73 1.30
Price to free cash flow 19.22 n/m 10.68
EV/EBITDA 4.28 n/m 5.09
EV/Sales 2.62 n/m 2.63
Earnings yield 11.50% (3.86%) 5.78%
Free cash flow yield 5.20% (26.19%) 4.91%

Profitability

Metric REPX TBN Oil & Gas E&P median
Gross margin 100.00% — 80.41%
Operating margin 38.43% 0.00% 21.39%
Net margin 24.53% 0.00% 14.17%
Free cash flow margin 10.96% 0.00% 8.18%
Return on equity 19.94% (3.84%) 10.05%
Return on assets 10.30% (3.26%) 5.81%
Return on invested capital 13.20% (2.54%) 6.32%

Growth

Metric REPX TBN Oil & Gas E&P median
Revenue growth (TTM) 23.16% — 9.94%
EPS growth (last fiscal year) 78.17% 53.97% (10.50%)
Revenue growth, 5-year CAGR 164.32% — 18.67%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric REPX TBN Oil & Gas E&P median
Debt to equity 0.42 0.07 0.28
Current ratio 0.45 2.61 0.96
Net debt to EBITDA 0.99 5.01 0.89

Dividend

Metric REPX TBN Oil & Gas E&P median
Dividend yield 3.29% — 3.29%
Payout ratio 0.29 — 0.35

Size

Metric REPX TBN Oil & Gas E&P median
Market cap 1.04b 1.11b 1.04b

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