Antero Resources Corporation (AR) vs Magnolia Oil & Gas Corp (MGY)

Antero Resources Corporation and Magnolia Oil & Gas Corp are both Oil & Gas E&P companies. Antero Resources Corporation is the larger, with a market value of $11.2B against $6.6B — 1.7× the size. Antero Resources Corporation trades at the lower P/E: 11.0× against 11.1×. Antero Resources Corporation grew revenue faster over the last twelve months: 25.8% against 11.4%. Magnolia Oil & Gas Corp has the higher net margin (28.8% vs 17.7%) and the higher return on invested capital (15.7% vs 8.79%). Across the 21 metrics below, Magnolia Oil & Gas Corp leads on 14 and Antero Resources Corporation on 7.

Valuation

Metric AR MGY Oil & Gas E&P median
P/E 11.01 11.12 11.01
P/S 1.95 3.16 1.98
P/B 1.44 2.18 1.30
Price to free cash flow 550.51 8.39 10.68
EV/EBITDA 7.56 4.68 5.09
EV/Sales 2.32 3.23 2.63
Earnings yield 9.08% 8.99% 5.78%
Free cash flow yield 0.18% 11.92% 4.91%

Profitability

Metric AR MGY Oil & Gas E&P median
Gross margin 41.67% 95.20% 80.41%
Operating margin 24.67% 38.03% 21.39%
Net margin 17.68% 28.77% 14.17%
Free cash flow margin 0.35% 37.68% 8.18%
Return on equity 13.72% 20.54% 10.05%
Return on assets 7.74% 14.19% 5.81%
Return on invested capital 8.79% 15.67% 6.32%

Growth

Metric AR MGY Oil & Gas E&P median
Revenue growth (TTM) 25.76% 11.35% 9.94%
EPS growth (last fiscal year) 1,027.78% (10.82%) (10.50%)
Revenue growth, 5-year CAGR 8.61% 19.37% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AR MGY Oil & Gas E&P median
Debt to equity 0.29 0.18 0.28
Current ratio 0.40 1.58 0.96
Net debt to EBITDA 0.74 0.14 0.89

Dividend

Metric AR MGY Oil & Gas E&P median
Dividend yield — 2.60% 3.29%
Payout ratio — 0.29 0.35

Size

Metric AR MGY Oil & Gas E&P median
Market cap 11.20b 6.57b 1.04b

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