Head to Head Review: Midstates Petroleum (MPO) vs. Goodrich Petroleum Corp (GDP)
Midstates Petroleum (NYSE: MPO) and Goodrich Petroleum Corp (NYSE:GDP) are both oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, analyst recommendations, earnings, valuation and profitability.
Earnings & Valuation
This table compares Midstates Petroleum and Goodrich Petroleum Corp’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Goodrich Petroleum Corp||$35.26 million||2.61||$3.11 million||N/A||N/A|
Goodrich Petroleum Corp has higher revenue and earnings than Midstates Petroleum.
This table compares Midstates Petroleum and Goodrich Petroleum Corp’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Goodrich Petroleum Corp||-82.49%||N/A||-23.72%|
This is a breakdown of current ratings and recommmendations for Midstates Petroleum and Goodrich Petroleum Corp, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Goodrich Petroleum Corp||0||0||4||0||3.00|
Goodrich Petroleum Corp has a consensus price target of $20.50, suggesting a potential upside of 134.82%. Given Goodrich Petroleum Corp’s higher possible upside, analysts plainly believe Goodrich Petroleum Corp is more favorable than Midstates Petroleum.
Insider and Institutional Ownership
95.1% of Midstates Petroleum shares are owned by institutional investors. 1.9% of Midstates Petroleum shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Midstates Petroleum beats Goodrich Petroleum Corp on 5 of the 8 factors compared between the two stocks.
About Midstates Petroleum
Midstates Petroleum Company, Inc. is an independent exploration and production company. The Company operates oil and natural gas properties, and is engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. It is focused on the application of drilling and completion techniques in oil and basins in the onshore United States. It conducts oil and gas operations, and owns and operates oil and gas properties in Oklahoma, Texas and Louisiana. Its Mississippian Lime assets consist of approximately 69,680 net prospective acres in the Mississippian Lime trend in Woods and Alfalfa Counties of Oklahoma, and approximately 12,160 net acres in Lincoln County, Oklahoma, which produces from, and is prospective in, the Hunton formation. Its Anadarko Basin assets consist of approximately 111,190 net acres in the Anadarko Basin, with over 82,530 net acres in Texas and over 28,650 net acres in western Oklahoma.
About Goodrich Petroleum Corp
Goodrich Petroleum Corporation is an independent oil and natural gas company. The Company is engaged in the exploration, development and production of oil and natural gas on properties primarily in Southwest Mississippi and Southeast Louisiana, which includes the Tuscaloosa Marine Shale Trend (TMS); Northwest Louisiana and East Texas, which includes the Haynesville Shale Trend, and South Texas, which includes the Eagle Ford Shale Trend. It has interests in over 193 producing oil and natural gas wells located in over 43 fields in over eight states of the United States. It has estimated proved reserves of approximately 9.1 million barrels of oil equivalent (MMBoe), consisting of over 31.9 billion cubic feet (Bcf) of natural gas and approximately 3.8 million barrels (MMBbls) of oil and condensate. It also maintains ownership interests in acreage and wells in various other fields, including Longwood field in Caddo Parish, Louisiana and the Garfield Unit in Kalkaska County, Michigan.
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