Mid-Con Energy Partners, (NASDAQ: MCEP) and Cimarex Energy (NYSE:XEC) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, institutional ownership, valuation, profitability and risk.
Cimarex Energy pays an annual dividend of $0.32 per share and has a dividend yield of 0.3%. Mid-Con Energy Partners, does not pay a dividend. Cimarex Energy pays out 8.5% of its earnings in the form of a dividend.
Risk & Volatility
Mid-Con Energy Partners, has a beta of 1.58, suggesting that its stock price is 58% more volatile than the S&P 500. Comparatively, Cimarex Energy has a beta of 1.35, suggesting that its stock price is 35% more volatile than the S&P 500.
This is a breakdown of current recommendations and price targets for Mid-Con Energy Partners, and Cimarex Energy, 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|
Cimarex Energy has a consensus target price of $135.90, indicating a potential upside of 8.68%. Given Cimarex Energy’s higher probable upside, analysts clearly believe Cimarex Energy is more favorable than Mid-Con Energy Partners,.
Valuation & Earnings
This table compares Mid-Con Energy Partners, and Cimarex Energy’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||NetIncome||Earnings Per Share||Price/Earnings Ratio|
|Mid-Con Energy Partners,||$43.90 million||0.82||-$24.81 million||($0.64)||-1.86|
|Cimarex Energy||$1.26 billion||9.47||-$408.80 million||$3.76||33.26|
Mid-Con Energy Partners, has higher revenue, but lower earnings than Cimarex Energy. Mid-Con Energy Partners, is trading at a lower price-to-earnings ratio than Cimarex Energy, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
12.4% of Mid-Con Energy Partners, shares are held by institutional investors. Comparatively, 91.1% of Cimarex Energy shares are held by institutional investors. 7.3% of Mid-Con Energy Partners, shares are held by company insiders. Comparatively, 1.7% of Cimarex Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
This table compares Mid-Con Energy Partners, and Cimarex Energy’s 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%|
Cimarex Energy beats Mid-Con Energy Partners, on 10 of the 14 factors compared between the two stocks.
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.
Cimarex Energy Company Profile
Cimarex Energy Co. is an independent oil and gas exploration and production company. The Company operates in exploration and production (E&P) segment. Its operations are located in Oklahoma, Texas and New Mexico. Its E&P activities take place primarily in two areas: the Permian Basin and the Mid-Continent region. Its Permian Basin region encompasses west Texas and southeast New Mexico. Its Mid-Continent region consists of Oklahoma and the Texas Panhandle. As of fiscal year ended December 31, 2016 (fiscal 2016), its activities in the Mid-Continent were focused in the Woodford shale and the Meramec horizon, both in Oklahoma. During fiscal 2016, production from the Mid-Continent averaged 457 millions of cubic feet equivalent (MMcfe) per day, or 47% of total company production. All of the Company’s oil and gas assets are located in the United States. As of December 31, 2016, 63% of its total proved reserves were located in the Mid-Continent region and 37% were in the Permian Basin.
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