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. Tamboran Resources Corporation is the larger, with a market value of $981.3M against $888.8M — 1.1× the size. Tamboran Resources Corporation has negative trailing earnings, so its P/E is not meaningful; Riley Exploration Permian, Inc. trades at 8.5×. Riley Exploration Permian, Inc. has the higher net margin (17.3% vs 0.00%) and the higher return on invested capital (19.6% 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 8.54 n/m 9.67
P/S 1.46 n/m 1.76
P/B 1.35 0.87 1.19
Price to free cash flow 8.39 n/m 8.37
EV/EBITDA 3.58 n/m 4.59
EV/Sales 1.83 n/m 2.27
Earnings yield 11.71% (4.56%) 7.55%
Free cash flow yield 11.92% (21.92%) 3.98%

Profitability

Metric REPX TBN Oil & Gas E&P median
Gross margin 100.00% — 79.54%
Operating margin 45.62% 0.00% 24.01%
Net margin 17.28% 0.00% 14.11%
Free cash flow margin 49.61% 0.00% 7.72%
Return on equity 16.76% (3.84%) 8.99%
Return on assets 7.96% (3.26%) 4.63%
Return on invested capital 19.63% (2.54%) 6.33%

Growth

Metric REPX TBN Oil & Gas E&P median
Revenue growth (TTM) 45.50% — 13.60%
EPS growth (last fiscal year) 78.17% 53.97% (10.17%)
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 0.38 0.07 0.29
Current ratio 0.41 2.61 0.92
Net debt to EBITDA 0.99 5.01 0.93

Dividend

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

Size

Metric REPX TBN Oil & Gas E&P median
Market cap 888.81m 981.33m 953.29m

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