Critical Review: ATP Oil & Gas (OTCMKTS:ATPAQ) versus Crescent Energy (NYSE:CRGY)

Crescent Energy (NYSE:CRGY) and ATP Oil & Gas (OTCMKTS:ATPAQ) are both oils/energy companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, analyst recommendations and dividends.

Profitability

This table compares Crescent Energy and ATP Oil & Gas’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Crescent Energy	0.61%	13.41%	3.58%
ATP Oil & Gas	N/A	N/A	N/A

Valuation & Earnings

This table compares Crescent Energy and ATP Oil & Gas”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Crescent Energy	$2.61 billion	0.78	$67.61 million	($0.20)	-57.20
ATP Oil & Gas	N/A	N/A	N/A	N/A	N/A

Crescent Energy has higher revenue and earnings than ATP Oil & Gas.

Analyst Recommendations

This is a summary of current ratings and price targets for Crescent Energy and ATP Oil & Gas, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Crescent Energy	0	2	6	2	3.00
ATP Oil & Gas	0	0	0	0	N/A

Crescent Energy presently has a consensus price target of $16.27, indicating a potential upside of 42.24%.

Institutional & Insider Ownership

52.1% of Crescent Energy shares are owned by institutional investors. 13.2% of Crescent Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Crescent Energy beats ATP Oil & Gas on 8 of the 8 factors compared between the two stocks.

About Crescent Energy

Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers. The company is based in Houston, Texas.

About ATP Oil & Gas

ATP Oil & Gas Corporation is engaged in the acquisition, development and production of oil and natural gas properties. As of December 31, 2011, the Company had estimated net proved reserves of 118.9 Million barrels of crude oil equivalent (MMBoe), of which approximately 75.9 MMboe (64%) were in the Gulf of Mexico and 42.9 MMBoe (36%) were in the North Sea. The reserves consisted of 78.6 Million barrels (MMBbls) of oil (66%) and 241.5 billion cubic feet (Bcf) of natural gas (34%). Its proved reserves in the deepwater area of the Gulf of Mexico account for 62% of the Company’s total proved reserves and its proved reserves on the Gulf of Mexico Outer Continental Shelf account for 2% of its total proved reserves. During the year ended December 31, 2011, it acquired three licenses in the Mediterranean Sea covering potential natural gas resources in the deepwater off the coast of Israel (East Mediterranean). On August 17, 2012, ATP Oil And Gas Corp filed for Chapter 11 bankruptcy protection.