SandRidge Energy, Inc. (SD) vs TXO Partners LP (TXO)

SandRidge Energy, Inc. and TXO Partners LP are both Oil & Gas E&P companies. TXO Partners LP is the larger, with a market value of $786.8M against $515.7M — 1.5× the size. TXO Partners LP has negative trailing earnings, so its P/E is not meaningful; SandRidge Energy, Inc. trades at 6.3×. SandRidge Energy, Inc. grew revenue faster over the last twelve months: 23.2% against 22.2%. SandRidge Energy, Inc. has the higher net margin (46.1% vs −9.23%) and the higher return on invested capital (10.8% vs −3.33%). Both pay a dividend; TXO Partners LP yields more (9.92% vs 3.50%). Across the 21 metrics below, SandRidge Energy, Inc. leads on 17 and TXO Partners LP on 4.

Valuation

Metric SD TXO Oil & Gas E&P median
P/E 6.31 n/m 11.01
P/S 2.92 1.94 1.98
P/B 0.97 1.22 1.30
Price to free cash flow 15.25 65.52 10.68
EV/EBITDA 3.68 9.01 5.09
EV/Sales 2.46 2.34 2.63
Earnings yield 15.84% (5.20%) 5.78%
Free cash flow yield 6.56% 1.53% 4.91%

Profitability

Metric SD TXO Oil & Gas E&P median
Gross margin 71.89% 53.10% 80.41%
Operating margin 41.11% (10.63%) 21.39%
Net margin 46.06% (9.23%) 14.17%
Free cash flow margin 19.18% 2.96% 8.18%
Return on equity 16.22% (5.35%) 10.05%
Return on assets 13.06% (3.26%) 5.81%
Return on invested capital 10.81% (3.33%) 6.32%

Growth

Metric SD TXO Oil & Gas E&P median
Revenue growth (TTM) 23.23% 22.18% 9.94%
EPS growth (last fiscal year) 12.43% (166.15%) (10.50%)
Revenue growth, 5-year CAGR 6.34% 29.82% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SD TXO Oil & Gas E&P median
Debt to equity 0.00 0.42 0.28
Current ratio 2.62 1.05 0.96
Net debt to EBITDA (1.08) 2.60 0.89

Dividend

Metric SD TXO Oil & Gas E&P median
Dividend yield 3.50% 9.92% 3.29%
Payout ratio 0.22 — 0.35

Size

Metric SD TXO Oil & Gas E&P median
Market cap 515.72m 786.78m 1.04b

Compare with another peer

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