EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Magnolia Oil & Gas's Enterprise Value is $4,762 Mil.
Magnolia Oil & Gas's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $559 Mil. Therefore, Magnolia Oil & Gas's EV-to-EBIT for today is 8.52.
The historical rank and industry rank for Magnolia Oil & Gas's EV-to-EBIT or its related term are showing as below:
MGY'
s EV-to-EBIT Range Over the Past 10 Years
Min: -1.36 Med: 6.64 Max: 41.08
Current: 8.52
During the past 8 years, the highest EV-to-EBIT of Magnolia Oil & Gas was 41.08. The lowest was -1.36. And the median was 6.64.
MGY's EV-to-EBIT is ranked better than 50.14% of 736
companies
in the Oil & Gas industry
Industry Median: 8.475
vs MGY: 8.52
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Magnolia Oil & Gas's Enterprise Value for the quarter that ended in Dec. 2023 was $4,082 Mil.
Magnolia Oil & Gas's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $559 Mil. Magnolia Oil & Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.70%.
Magnolia Oil & Gas EV-to-EBIT Historical Data
The historical data trend for Magnolia Oil & Gas's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Magnolia Oil & Gas's EV-to-EBIT
For the Oil & Gas E&P subindustry, Magnolia Oil & Gas's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magnolia Oil & Gas's EV-to-EBIT Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Magnolia Oil & Gas's EV-to-EBIT falls into.
Magnolia Oil & Gas EV-to-EBIT Calculation
Magnolia Oil & Gas's EV-to-EBIT for today is calculated as:
Magnolia Oil & Gas's current Enterprise Value is $4,762 Mil.
Magnolia Oil & Gas's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $559 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magnolia Oil & Gas (NYSE:MGY) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Magnolia Oil & Gas's Enterprise Value for the quarter that ended in Dec. 2023 was $4,082 Mil.
Magnolia Oil & Gas's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $559 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magnolia Oil & Gas EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Magnolia Oil & Gas's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Magnolia Oil & Gas (Magnolia Oil & Gas) Business Description
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.
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