LandBridge Company LLC (LB) vs Magnolia Oil & Gas Corp (MGY)

LandBridge Company LLC 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 $4.8B — 1.3× the size. Magnolia Oil & Gas Corp trades at the lower P/E: 10.3× against 42.4×. LandBridge Company LLC grew revenue faster over the last twelve months: 37.3% against 26.4%. Magnolia Oil & Gas Corp has the higher net margin (25.8% vs 0.00%) and the higher return on invested capital (6.24% vs 6.06%). Across the 19 metrics below, Magnolia Oil & Gas Corp leads on 15 and LandBridge Company LLC on 4.

Valuation

Metric LB MGY Oil & Gas E&P median
P/E 42.36 10.35 9.67
P/S 7.39 3.26 1.76
P/B 2.09 1.28 1.19
Price to free cash flow 10.90 8.01 8.37
EV/EBITDA 16.41 6.63 4.59
EV/Sales 10.40 4.41 2.27
Earnings yield 2.36% 9.67% 7.55%
Free cash flow yield 9.18% 12.49% 3.98%

Profitability

Metric LB MGY Oil & Gas E&P median
Gross margin 0.00% 0.00% 79.54%
Operating margin 63.40% 36.91% 24.01%
Net margin 0.00% 25.82% 14.11%
Free cash flow margin 67.86% 69.45% 7.72%
Return on equity 0.00% 13.77% 8.99%
Return on assets 0.00% 8.37% 4.63%
Return on invested capital 6.06% 6.24% 6.33%

Growth

Metric LB MGY Oil & Gas E&P median
Revenue growth (TTM) 37.30% 26.35% 13.60%
EPS growth (last fiscal year) 266.28% (10.82%) (10.17%)
Revenue growth, 5-year CAGR — 19.37% 18.67%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LB MGY Oil & Gas E&P median
Debt to equity 0.87 0.46 0.29
Current ratio 2.78 0.51 0.92
Net debt to EBITDA 4.01 0.14 0.93

Dividend

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

Size

Metric LB MGY Oil & Gas E&P median
Market cap 4.77b 6.30b 953.29m

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