LandBridge Company LLC (LB) vs Matador Resources Company (MTDR)

LandBridge Company LLC and Matador Resources Company are both Oil & Gas E&P companies. Matador Resources Company is the larger, with a market value of $6.2B against $4.8B — 1.3× the size. Matador Resources Company trades at the lower P/E: 8.4× against 42.4×. LandBridge Company LLC grew revenue faster over the last twelve months: 37.3% against 1.31%. Matador Resources Company has the higher net margin (18.6% vs 0.00%) and the higher return on invested capital (6.74% vs 6.06%). Across the 20 metrics below, Matador Resources Company leads on 15 and LandBridge Company LLC on 5.

Valuation

Metric LB MTDR Oil & Gas E&P median
P/E 42.36 8.37 9.67
P/S 7.39 1.60 1.76
P/B 2.09 0.97 1.19
Price to free cash flow 10.90 9.01 8.37
EV/EBITDA 16.41 4.62 4.59
EV/Sales 10.40 2.87 2.27
Earnings yield 2.36% 11.94% 7.55%
Free cash flow yield 9.18% 11.10% 3.98%

Profitability

Metric LB MTDR Oil & Gas E&P median
Gross margin 0.00% 92.34% 79.54%
Operating margin 63.40% 31.56% 24.01%
Net margin 0.00% 18.60% 14.11%
Free cash flow margin 67.86% 17.82% 7.72%
Return on equity 0.00% 11.73% 8.99%
Return on assets 0.00% 5.46% 4.63%
Return on invested capital 6.06% 6.74% 6.33%

Growth

Metric LB MTDR Oil & Gas E&P median
Revenue growth (TTM) 37.30% 1.31% 13.60%
EPS growth (last fiscal year) 266.28% (14.71%) (10.17%)
Revenue growth, 5-year CAGR — 33.79% 18.67%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LB MTDR Oil & Gas E&P median
Debt to equity 0.87 0.77 0.29
Current ratio 2.78 0.55 0.92
Net debt to EBITDA 4.01 1.36 0.93

Dividend

Metric LB MTDR Oil & Gas E&P median
Dividend yield — 2.99% 3.76%
Payout ratio — 0.25 0.33

Size

Metric LB MTDR Oil & Gas E&P median
Market cap 4.77b 6.17b 953.29m

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