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Magnolia Oil & Gas (Magnolia Oil & Gas) PE Ratio without NRI : 12.43 (As of Apr. 26, 2024)


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What is Magnolia Oil & Gas PE Ratio without NRI?

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2024-04-26), Magnolia Oil & Gas's share price is $26.34. Magnolia Oil & Gas's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.12. Therefore, Magnolia Oil & Gas's PE Ratio without NRI for today is 12.43.

During the past 8 years, Magnolia Oil & Gas's highest PE Ratio without NRI was 42.78. The lowest was 3.03. And the median was 8.15.

Magnolia Oil & Gas's EPS without NRI for the three months ended in Dec. 2023 was $0.53. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.12.

As of today (2024-04-26), Magnolia Oil & Gas's share price is $26.34. Magnolia Oil & Gas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.05. Therefore, Magnolia Oil & Gas's PE Ratio for today is 12.85.

During the past years, Magnolia Oil & Gas's highest PE Ratio was 43.07. The lowest was 3.41. And the median was 8.48.

Magnolia Oil & Gas's EPS (Diluted) for the three months ended in Dec. 2023 was $0.53. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.05.

Magnolia Oil & Gas's EPS (Basic) for the three months ended in Dec. 2023 was $0.53. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.05.


Magnolia Oil & Gas PE Ratio without NRI Historical Data

The historical data trend for Magnolia Oil & Gas's PE Ratio without NRI 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.

* Premium members only.

Magnolia Oil & Gas PE Ratio without NRI Chart

Magnolia Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio without NRI
Get a 7-Day Free Trial 44.61 10.14 7.94 4.98 10.10

Magnolia Oil & Gas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.98 5.00 5.91 8.21 10.10

Competitive Comparison of Magnolia Oil & Gas's PE Ratio without NRI

For the Oil & Gas E&P subindustry, Magnolia Oil & Gas's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Magnolia Oil & Gas's PE Ratio without NRI falls into.



Magnolia Oil & Gas PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Magnolia Oil & Gas's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=26.34/2.119
=12.43

Magnolia Oil & Gas's Share Price of today is $26.34.
Magnolia Oil & Gas's EPS without NRI 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 $2.12.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Magnolia Oil & Gas  (NYSE:MGY) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Magnolia Oil & Gas PE Ratio without NRI Related Terms

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Magnolia Oil & Gas (Magnolia Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
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.
Executives
James R Larson director CSI COMPRESSCO LP, 1735 HUGHES LANDING BLVD STE 200, THE WOODLANDS TX 77380
Enervest, Ltd. director, 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
John B Walker director, 10 percent owner NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Brian Corales officer: SVP & Chief Financial Officer C/O MAGNOLIA OIL & GAS CORPORATION, NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Stephen I Chazen director, officer: Chairman, President & CEO 1700 E. PUTNAM AVE, SUITE 500, OLD GREENWICH CT 06870
Enervest Energy Institutional Fund Xiv-c, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Angela M Busch director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Enervest Management Gp, L.c. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Investment Services, L.l.c. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-wic, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-3a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-2a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-c-aiv, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Michael G. Macdougall director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102