EON Resources Inc. (EONR) vs Mesa Royalty Trust (MTR)

EON Resources Inc. and Mesa Royalty Trust are both Oil & Gas E&P companies. EON Resources Inc. is the larger, with a market value of $26.6M against $4.4M — 6.0× the size. EON Resources Inc. has negative trailing earnings, so its P/E is not meaningful; Mesa Royalty Trust trades at 12.4×. Mesa Royalty Trust grew revenue faster over the last twelve months: −3.01% against −17.9%. Mesa Royalty Trust has the higher net margin (76.6% vs −9.14%) and the higher return on invested capital (20.9% vs −5.24%). Across the 16 metrics below, Mesa Royalty Trust leads on 11 and EON Resources Inc. on 5.

Valuation

Metric EONR MTR Oil & Gas E&P median
P/E n/m 12.36 10.57
P/S 1.08 9.50 1.80
P/B 0.31 1.44 1.27
Price to free cash flow 0.98 n/m 9.99
EV/EBITDA n/m 5.61 5.08
EV/Sales 1.34 5.17 2.39
Earnings yield (154.78%) 8.09% 6.06%
Free cash flow yield 101.54% 0.00% 6.17%

Profitability

Metric EONR MTR Oil & Gas E&P median
Gross margin 100.00% 100.00% 80.41%
Operating margin (31.82%) 92.05% 21.39%
Net margin (9.14%) 76.63% 14.17%
Free cash flow margin 109.99% 0.00% 9.71%
Return on equity (3.70%) 11.61% 10.05%
Return on assets (1.63%) 11.09% 5.81%
Return on invested capital (5.24%) 20.94% 6.32%

Growth

Metric EONR MTR Oil & Gas E&P median
Revenue growth (TTM) (17.94%) (3.01%) 9.94%
EPS growth (last fiscal year) (55.00%) (8.00%) —
Revenue growth, 5-year CAGR — (6.29%) 18.67%
Net income growth, 5-year CAGR — (2.02%) 0.00%

Health

Metric EONR MTR Oil & Gas E&P median
Debt to equity 0.09 0.00 0.28
Current ratio 0.35 17.12 0.96
Net debt to EBITDA 34.24 (3.50) 0.91

Dividend

Metric EONR MTR Oil & Gas E&P median
Dividend yield — 13.28% 4.93%
Payout ratio 0.00 0.97 0.07

Size

Metric EONR MTR Oil & Gas E&P median
Market cap 26.62m 4.44m 923.59m

Compare with another peer

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