United States Brent Oil Fund LP vs MGM Resorts International — how do they compare? United States Brent Oil Fund LP trades at $51.03, while MGM Resorts International trades at $44.32 (market cap $11.10B). The key difference: MGM Resorts International pays a 0.03% dividend while United States Brent Oil Fund LP pays none. Which is the better fit depends on your goals.
| BNO | MGM | |
|---|---|---|
Sector | Commodities - Energy | Consumer Cyclical |
52-Week High | $60.13 | $50.69 |
52-Week Low | $27.20 | $30.72 |
Market Cap | — | $11.10B |
Enterprise Value | — | $38.40B |
Dividend Yield | — | 0.03% |
Trailing returns across standard periods
Latest headlines on both assets
BNO is a commodity ETF that tracks the daily price of Brent crude oil futures. It provides exposure to the international oil benchmark, which often trades at a premium to the U.S. WTI benchmark, and is primarily used for short-term trading due to roll costs.
Read more on BNO →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →