California Resources Corporation (CRC) vs Magnolia Oil & Gas Corp (MGY)

California Resources Corporation and Magnolia Oil & Gas Corp are both Oil & Gas E&P companies. Magnolia Oil & Gas Corp is the larger, with a market value of $6.3B against $4.0B — 1.6× the size. California Resources Corporation has negative trailing earnings, so its P/E is not meaningful; Magnolia Oil & Gas Corp trades at 10.3×. Magnolia Oil & Gas Corp grew revenue faster over the last twelve months: 26.4% against −23.8%. Magnolia Oil & Gas Corp has the higher net margin (25.8% vs −18.1%) and the higher return on invested capital (6.24% vs −8.22%). Both pay a dividend; California Resources Corporation yields more (3.53% vs 2.80%). Across the 21 metrics below, Magnolia Oil & Gas Corp leads on 15 and California Resources Corporation on 6.

Valuation

Metric CRC MGY Oil & Gas E&P median
P/E n/m 10.35 9.67
P/S 1.47 3.26 1.76
P/B 1.35 1.28 1.19
Price to free cash flow 12.00 8.01 8.37
EV/EBITDA n/m 6.63 4.59
EV/Sales 1.96 4.41 2.27
Earnings yield (12.30%) 9.67% 7.55%
Free cash flow yield 8.33% 12.49% 3.98%

Profitability

Metric CRC MGY Oil & Gas E&P median
Gross margin 43.10% 0.00% 79.54%
Operating margin (20.28%) 36.91% 24.01%
Net margin (18.11%) 25.82% 14.11%
Free cash flow margin 12.28% 69.45% 7.72%
Return on equity (15.46%) 13.77% 8.99%
Return on assets (7.11%) 8.37% 4.63%
Return on invested capital (8.22%) 6.24% 6.33%

Growth

Metric CRC MGY Oil & Gas E&P median
Revenue growth (TTM) (23.77%) 26.35% 13.60%
EPS growth (last fiscal year) (10.17%) (10.82%) (10.17%)
Revenue growth, 5-year CAGR 18.67% 19.37% 18.67%
Net income growth, 5-year CAGR (27.12%) 0.00% 0.00%

Health

Metric CRC MGY Oil & Gas E&P median
Debt to equity 0.42 0.46 0.29
Current ratio 0.51 0.51 0.92
Net debt to EBITDA 1.04 0.14 0.93

Dividend

Metric CRC MGY Oil & Gas E&P median
Dividend yield 3.53% 2.80% 3.76%
Payout ratio — 0.29 0.33

Size

Metric CRC MGY Oil & Gas E&P median
Market cap 4.03b 6.30b 953.29m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack