EV Energy Partners, L.P. (EVEP) and Petroquest Energy (PQ) Critical Analysis
EV Energy Partners, L.P. (NASDAQ: EVEP) and Petroquest Energy (NYSE:PQ) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, risk and institutional ownership.
Volatility and Risk
EV Energy Partners, L.P. has a beta of 1.74, indicating that its stock price is 74% more volatile than the S&P 500. Comparatively, Petroquest Energy has a beta of 2.03, indicating that its stock price is 103% more volatile than the S&P 500.
Insider and Institutional Ownership
8.6% of EV Energy Partners, L.P. shares are held by institutional investors. Comparatively, 37.5% of Petroquest Energy shares are held by institutional investors. 10.2% of EV Energy Partners, L.P. shares are held by company insiders. Comparatively, 9.4% of Petroquest Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Valuation & Earnings
This table compares EV Energy Partners, L.P. and Petroquest Energy’s gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|EV Energy Partners, L.P.||$207.59 million||0.15||$86.90 million||($5.20)||-0.12|
|Petroquest Energy||$77.60 million||0.46||$30.48 million||($2.16)||-0.78|
EV Energy Partners, L.P. has higher revenue and earnings than Petroquest Energy. Petroquest Energy is trading at a lower price-to-earnings ratio than EV Energy Partners, L.P., indicating that it is currently the more affordable of the two stocks.
This is a breakdown of current ratings and target prices for EV Energy Partners, L.P. and Petroquest Energy, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|EV Energy Partners, L.P.||1||1||0||0||1.50|
EV Energy Partners, L.P. currently has a consensus target price of $1.00, indicating a potential upside of 60.00%. Petroquest Energy has a consensus target price of $3.50, indicating a potential upside of 108.33%. Given Petroquest Energy’s stronger consensus rating and higher possible upside, analysts clearly believe Petroquest Energy is more favorable than EV Energy Partners, L.P..
This table compares EV Energy Partners, L.P. and Petroquest Energy’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|EV Energy Partners, L.P.||-120.31%||-7.43%||-3.56%|
Petroquest Energy beats EV Energy Partners, L.P. on 9 of the 13 factors compared between the two stocks.
EV Energy Partners, L.P. Company Profile
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.
Petroquest Energy Company Profile
PetroQuest Energy, Inc. is an oil and gas company. The Company is engaged in exploratory, development and acquisition activities. The Company has approximately 30 gross exploratory wells and over 30 gross development wells. The Company has reserves in various areas, including East Texas, Gulf Coast Basin and Oklahoma Woodford. Its annual production from East Texas area is approximately 114.1 billions of cubic feet equivalent (Bcfe); Gulf Coast Basin is over 43.9 Bcfe, and Oklahoma Woodford is approximately 20.0 Bcfe. The net production from its East Texas assets averages over 30.4 millions of cubic feet equivalent (MMcfe) per day. Production from Gulf Coast Basin area totals approximately 37.8 MMcfe per day. The average daily production from its Oklahoma-Woodford properties totals over 25 MMcfe per day. The Company sells its oil and natural gas production under fixed or floating market contracts.
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