Antero Resources Corporation (AR) vs Matador Resources Company (MTDR)

Antero Resources Corporation and Matador Resources Company are both Oil & Gas E&P companies. Antero Resources Corporation is the larger, with a market value of $11.1B against $6.4B — 1.7× the size. Matador Resources Company trades at the lower P/E: 8.8× against 10.0×. Antero Resources Corporation grew revenue faster over the last twelve months: 25.8% against −3.56%. Matador Resources Company has the higher net margin (19.9% vs 17.7%) and the lower return on invested capital (7.06% vs 8.79%). Across the 21 metrics below, Matador Resources Company leads on 13 and Antero Resources Corporation on 8.

Valuation

Metric AR MTDR Oil & Gas E&P median
P/E 9.97 8.84 10.57
P/S 1.77 1.76 1.80
P/B 1.30 1.02 1.27
Price to free cash flow 498.52 7.26 9.99
EV/EBITDA 6.96 4.37 5.08
EV/Sales 2.13 2.89 2.39
Earnings yield 10.03% 11.31% 6.06%
Free cash flow yield 0.20% 13.77% 6.17%

Profitability

Metric AR MTDR Oil & Gas E&P median
Gross margin 41.67% 91.66% 80.41%
Operating margin 24.67% 32.18% 21.39%
Net margin 17.68% 19.85% 14.17%
Free cash flow margin 0.35% 24.18% 9.71%
Return on equity 13.72% 12.08% 10.05%
Return on assets 7.74% 5.84% 5.81%
Return on invested capital 8.79% 7.06% 6.32%

Growth

Metric AR MTDR Oil & Gas E&P median
Revenue growth (TTM) 25.76% (3.56%) 9.94%
EPS growth (last fiscal year) 1,027.78% (14.71%) —
Revenue growth, 5-year CAGR 8.61% 33.79% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AR MTDR Oil & Gas E&P median
Debt to equity 0.29 0.67 0.28
Current ratio 0.40 0.65 0.96
Net debt to EBITDA 0.74 1.36 0.91

Dividend

Metric AR MTDR Oil & Gas E&P median
Dividend yield — 1.20% 4.93%
Payout ratio 0.00 0.07 0.07

Size

Metric AR MTDR Oil & Gas E&P median
Market cap 11.10b 6.43b 923.59m

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