Penntex Midstream Partners (NASDAQ: PTXP) is one of 53 publicly-traded companies in the “Oil & Gas Transportation Services” industry, but how does it compare to its competitors? We will compare Penntex Midstream Partners to related companies based on the strength of its dividends, analyst recommendations, earnings, risk, profitability, institutional ownership and valuation.

Volatility and Risk

Penntex Midstream Partners has a beta of 1, indicating that its stock price has a similar volatility profile to the S&P 500.Comparatively, Penntex Midstream Partners’ competitors have a beta of 1.39, indicating that their average stock price is 39% more volatile than the S&P 500.

Profitability

This table compares Penntex Midstream Partners and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Penntex Midstream Partners 34.54% 11.00% 5.81%
Penntex Midstream Partners Competitors 17.34% 14.24% 5.50%

Valuation & Earnings

This table compares Penntex Midstream Partners and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Penntex Midstream Partners N/A N/A 79.96
Penntex Midstream Partners Competitors $5.66 billion $1.31 billion 36.75

Penntex Midstream Partners’ competitors have higher revenue and earnings than Penntex Midstream Partners. Penntex Midstream Partners is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

55.0% of Penntex Midstream Partners shares are held by institutional investors. Comparatively, 57.2% of shares of all “Oil & Gas Transportation Services” companies are held by institutional investors. 9.2% of shares of all “Oil & Gas Transportation Services” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Dividends

Penntex Midstream Partners pays an annual dividend of $1.18 per share and has a dividend yield of 5.9%. Penntex Midstream Partners pays out 472.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Transportation Services” companies pay a dividend yield of 6.6% and pay out 172.0% of their earnings in the form of a dividend. Penntex Midstream Partners lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Penntex Midstream Partners and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Penntex Midstream Partners 0 6 1 0 2.14
Penntex Midstream Partners Competitors 281 1768 2357 85 2.50

Penntex Midstream Partners presently has a consensus price target of $19.17, suggesting a potential downside of 4.12%. As a group, “Oil & Gas Transportation Services” companies have a potential upside of 22.10%. Given Penntex Midstream Partners’ competitors stronger consensus rating and higher probable upside, analysts clearly believe Penntex Midstream Partners has less favorable growth aspects than its competitors.

Summary

Penntex Midstream Partners competitors beat Penntex Midstream Partners on 11 of the 13 factors compared.

Penntex Midstream Partners Company Profile

PennTex Midstream Partners, LP, focuses on owning, operating, acquiring and developing midstream energy infrastructure assets in North America. The Company owns and operates midstream gathering, processing and transportation assets in northern Louisiana. The Company provides natural gas gathering and processing and residue gas and natural gas liquid (NGL) transportation services to producers focused on the Cotton Valley formation in northern Louisiana. The Company’s assets primarily consisted of natural gas gathering pipeline, two 200 million cubic feet per day (MMcf/d) design-capacity cryogenic natural gas processing plants, and residue gas and NGL transportation pipelines, as of December 31, 2016. In addition to providing midstream services to its primary customer with its existing assets, the Company pursues other opportunities for organic development and growth as producers in its region continue to develop their acreage.

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