Mid-Con Energy Partners (MCEP) versus Encana (ECA) Head-To-Head Analysis
Mid-Con Energy Partners (NASDAQ: MCEP) and Encana (NYSE:ECA) are both oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability and earnings.
This is a breakdown of recent ratings for Mid-Con Energy Partners and Encana, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Mid-Con Energy Partners||0||0||0||0||N/A|
Risk & Volatility
Mid-Con Energy Partners has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500. Comparatively, Encana has a beta of 2.16, indicating that its stock price is 116% more volatile than the S&P 500.
Institutional and Insider Ownership
11.9% of Mid-Con Energy Partners shares are held by institutional investors. Comparatively, 69.0% of Encana shares are held by institutional investors. 7.3% of Mid-Con Energy Partners shares are held by insiders. Comparatively, 0.1% of Encana shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Encana pays an annual dividend of $0.06 per share and has a dividend yield of 0.5%. Mid-Con Energy Partners does not pay a dividend. Encana pays out 7.6% of its earnings in the form of a dividend.
This table compares Mid-Con Energy Partners and Encana’s 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%|
Earnings and Valuation
This table compares Mid-Con Energy Partners and Encana’s top-line 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||0.82||-$24.81 million||($0.84)||-1.42|
|Encana||$2.92 billion||3.97||-$944.00 million||$0.79||15.06|
Mid-Con Energy Partners has higher earnings, but lower revenue than Encana. Mid-Con Energy Partners is trading at a lower price-to-earnings ratio than Encana, indicating that it is currently the more affordable of the two stocks.
Encana beats Mid-Con Energy Partners on 12 of the 15 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 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.
Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. It operates through three segments: Canadian Operations, USA Operations and Market optimization. Its Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. Its Canadian operations include Montney in northeast British Columbia and northwest Alberta and Duvernay in west central Alberta. The USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. The Market Optimization activities are primarily responsible for the sale of the Company’s production to third party customers.
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