TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
270% of net income
Cash flow under 80% of net income
Dilutive SBCNo
2% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
13% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
—
Over 40% of assets
Shareholder dissentNo
91% lowest support
Any vote under 80% support
Buyer economics 0 of 4
Low revenue per employeeNo
$5M · 70th pct
Bottom quartile of its SIC industry
Quiet on AINo
1.2 per 10K words · 39th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
0.1× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedNo
$6.3B market cap
Market cap $500M–$5B
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY | Trend |
|---|
| Revenue | $1.1B | $1.7B | $1.2B | $1.3B | $1.3B | – 0.3% | |
|---|
| Operating income | $603M | $1.1B | $534M | $512M | $439M | ▼ 14% | |
|---|
| Net income | $417M | $894M | $388M | $366M | $325M | ▼ 11% | |
|---|
| Operating cash flow | $788M | $1.3B | $856M | $921M | $879M | ▼ 4.6% | |
|---|
| Stock-based comp | $12M | $13M | $16M | $19M | $27M | ▲ 46% | |
|---|
| Dividends | $14M | $75M | $88M | $98M | $113M | ▲ 16% | |
|---|
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|
| Sep 25, 2024 | EnerVest, Ltd. | SC 13D/A | 3.8% | Passive |
| May 15, 2024 | EnerVest, Ltd. | SC 13D/A | 7.6% | Passive |
| Nov 8, 2022 | EnerVest, Ltd. | SC 13D/A | 14.1% | Passive |
| Jun 6, 2022 | EnerVest, Ltd. | SC 13D/A | 18.0% | Passive |
| Mar 15, 2022 | EnerVest, Ltd. | SC 13D/A | 21.9% | Passive |
| Feb 8, 2022 | EnerVest, Ltd. | SC 13D/A | 26.1% | Passive |
| Oct 13, 2021 | EnerVest, Ltd. | SC 13D/A | 29.4% | Active |
| Oct 1, 2021 | EnerVest, Ltd. | SC 13D/A | 31.5% | Passive |
| Jun 21, 2021 | EnerVest, Ltd. | SC 13D/A | 34.5% | Passive |
| Mar 10, 2021 | EnerVest, Ltd. | SC 13D/A | 39.5% | Active |
Insider trading
- Open-market buys, 12 mo
- $431K · 5
- Open-market sells, 12 mo
- $11M · 7
- Net
- −$10M
Pay vs performance
No pay-versus-performance disclosure yet.