Goodrich Petroleum Corp (NYSE: GDP) and Atlas Resource Partners, L.P. (NYSE:ARP) are both basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, profitability, dividends, institutional ownership, risk and earnings.
Valuation and Earnings
This table compares Goodrich Petroleum Corp and Atlas Resource Partners, L.P.’s gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Goodrich Petroleum Corp||$35.26 million||2.86||$3.11 million||N/A||N/A|
|Atlas Resource Partners, L.P.||N/A||N/A||N/A||($9.00)||-0.04|
Goodrich Petroleum Corp has higher revenue and earnings than Atlas Resource Partners, L.P..
Atlas Resource Partners, L.P. pays an annual dividend of $0.50 per share and has a dividend yield of 157.2%. Goodrich Petroleum Corp does not pay a dividend. Atlas Resource Partners, L.P. pays out -5.6% of its earnings in the form of a dividend. Atlas Resource Partners, L.P. has increased its dividend for 5 consecutive years.
This table compares Goodrich Petroleum Corp and Atlas Resource Partners, L.P.’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%|
|Atlas Resource Partners, L.P.||N/A||N/A||-35.27%|
This is a summary of current ratings and recommmendations for Goodrich Petroleum Corp and Atlas Resource Partners, L.P., as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Goodrich Petroleum Corp||0||0||7||0||3.00|
|Atlas Resource Partners, L.P.||0||0||0||0||N/A|
Goodrich Petroleum Corp presently has a consensus target price of $18.00, suggesting a potential upside of 87.89%. Given Goodrich Petroleum Corp’s higher probable upside, equities research analysts plainly believe Goodrich Petroleum Corp is more favorable than Atlas Resource Partners, L.P..
Goodrich Petroleum Corp Company Profile
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.
Atlas Resource Partners, L.P. Company Profile
Atlas Resource Partners, L.P. is an independent developer and producer of natural gas, crude oil and natural gas liquids (NGL), with operations in basins across the United States. The Company is a sponsor and manager of tax-advantaged investment partnerships (drilling partnerships), in which it co-invests, to finance a portion of its natural gas, crude oil and natural gas liquids production activities. The Company operates through three segments: gas and oil production, well construction and completion, and other partnership management. Its production positions are in the areas, including Barnett Shale/Marble Falls, Appalachian Basin, Coal-Bed Methane, Rangely, Eagle Ford, Mississippi Lime/Hunton and Chattanooga Shale. The Barnett Shale and Marble Falls play are located east of the Bend Arch and west of the Quachita Thrust in the Fort Worth Basin of northern Texas. It has various coal-bed methane developments across coal-bed methane producing areas.
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