Financial Comparison: Mid-Con Energy Partners, (MCEP) and its Peers
Mid-Con Energy Partners, (NASDAQ: MCEP) is one of 240 public companies in the “Oil & Gas Exploration and Production” industry, but how does it compare to its rivals? We will compare Mid-Con Energy Partners, to similar companies based off the strength of its profitability, institutional ownership, valuation, dividends, risk, earnings and analyst recommendations.
Risk & Volatility
Mid-Con Energy Partners, has a beta of 1.51, meaning that its stock price is 51% more volatile than the S&P 500. Comparatively, Mid-Con Energy Partners,’s rivals have a beta of 1.41, meaning that their average stock price is 41% more volatile than the S&P 500.
This table compares Mid-Con Energy Partners, and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Mid-Con Energy Partners,||-27.33%||-14.91%||-6.07%|
|Mid-Con Energy Partners, Competitors||-441.24%||5.80%||0.93%|
Valuation and Earnings
This table compares Mid-Con Energy Partners, and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Mid-Con Energy Partners,||$56.27 million||$29.21 million||-1.59|
|Mid-Con Energy Partners, Competitors||$1.39 billion||$604.75 million||20.14|
Mid-Con Energy Partners,’s rivals have higher revenue and earnings than Mid-Con Energy Partners,. Mid-Con Energy Partners, is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently the more affordable than other companies in its industry.
This is a summary of current ratings and price targets for Mid-Con Energy Partners, and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Mid-Con Energy Partners,||0||0||0||0||N/A|
|Mid-Con Energy Partners, Competitors||1564||7855||12136||267||2.51|
All “Oil & Gas Exploration and Production” companies have a potential upside of 48.49%. Given Mid-Con Energy Partners,’s rivals higher probable upside, analysts clearly believe Mid-Con Energy Partners, has less favorable growth aspects than its rivals.
Insider and Institutional Ownership
12.4% of Mid-Con Energy Partners, shares are held by institutional investors. Comparatively, 62.6% of shares of all “Oil & Gas Exploration and Production” companies are held by institutional investors. 7.3% of Mid-Con Energy Partners, shares are held by insiders. Comparatively, 11.4% of shares of all “Oil & Gas Exploration and Production” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Mid-Con Energy Partners, rivals beat Mid-Con Energy Partners, on 7 of the 9 factors compared.
Mid-Con Energy Partners, Company Profile
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 five areas: Southern Oklahoma; 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.
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