Mid-Con Energy Partners (NASDAQ: MCEP) and EV Energy Partners (NASDAQ:EVEP) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations.
Institutional & Insider Ownership
10.4% of Mid-Con Energy Partners shares are owned by institutional investors. Comparatively, 8.9% of EV Energy Partners shares are owned by institutional investors. 7.3% of Mid-Con Energy Partners shares are owned by insiders. Comparatively, 10.2% of EV Energy Partners shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
This table compares Mid-Con Energy Partners and EV Energy Partners’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Mid-Con Energy Partners||-38.19%||-21.05%||-8.32%|
|EV Energy Partners||-118.99%||-7.91%||-3.64%|
Earnings and Valuation
This table compares Mid-Con Energy Partners and EV Energy Partners’ gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Mid-Con Energy Partners||$43.90 million||1.17||-$24.81 million||($0.84)||-2.02|
|EV Energy Partners||$184.89 million||0.16||-$242.89 million||($5.17)||-0.12|
Mid-Con Energy Partners has higher earnings, but lower revenue than EV Energy Partners. Mid-Con Energy Partners is trading at a lower price-to-earnings ratio than EV Energy Partners, indicating that it is currently the more affordable of the two stocks.
This is a summary of recent ratings and recommmendations for Mid-Con Energy Partners and EV Energy Partners, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Mid-Con Energy Partners||0||0||0||0||N/A|
|EV Energy Partners||1||1||0||0||1.50|
EV Energy Partners has a consensus target price of $1.00, indicating a potential upside of 62.15%. Given EV Energy Partners’ higher probable upside, analysts clearly believe EV Energy Partners is more favorable than Mid-Con Energy Partners.
Volatility and Risk
Mid-Con Energy Partners has a beta of 1.66, suggesting that its share price is 66% more volatile than the S&P 500. Comparatively, EV Energy Partners has a beta of 2.38, suggesting that its share price is 138% more volatile than the S&P 500.
EV Energy Partners beats Mid-Con Energy Partners on 7 of the 12 factors compared between the two stocks.
About Mid-Con Energy Partners
Mid-Con Energy Partners, LP is engaged in the ownership, acquisition, exploitation and development of producing oil and natural gas properties in North America, with a focus on enhanced oil recovery (EOR). The Company’s properties are located in the Mid-Continent and Permian Basin regions of the United States in over four areas: Northeastern Oklahoma; parts of Oklahoma, Colorado and Texas within the Hugoton; Texas Gulf Coast, and Texas within the Eastern Shelf of the Permian. The Company operates approximately 100% of its properties, as calculated on a barrel of oil equivalent (Boe) basis, through its affiliate, Mid-Con Energy Operating, LLC (Mid-Con Energy Operating). The Company designs and manages the development, recompletion or work-over for all of the wells it operates and supervises operation and maintenance activities. Mid-Con Energy Operating provides the Company with management, administrative and operational services under a services agreement.
About EV Energy Partners
EV Energy Partners, L.P. is engaged in the acquisition, development and production of oil and natural gas properties and all of its operations are located in the United States. The Company’s oil and natural gas properties are located in the Appalachian Basin, which includes the Utica Shale; the San Juan Basin; Michigan; Central Texas, which includes the Austin Chalk area; the Mid-Continent areas in Oklahoma, Texas, Arkansas, Kansas and Louisiana; the Monroe Field in Northern Louisiana, and the Permian Basin. Its activities are concentrated in the Ohio and West Virginia areas of the Appalachian Basin. Its properties are located in Rio Arriba County, New Mexico and La Plata County in Colorado. It owns Eagle Ford oil and natural gas properties in Karnes County, including Eagle Ford and Austin Chalk reserves. It holds interest in approximately 9,150 acres in Karnes County. Its properties are located in the Antrim Shale reservoir in Otsego and Montmorency counties in northern Michigan.
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