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6.45 (1y: -42%)
Market Cap 438.29 M P/E(ttm)
Enterprise Value 1.18 B P/B 0.70
MPO- NYSE (USA)
Midstates Petroleum Co Inc
Not Rated
Top Ranked Predictable Companies
$6.45
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

vs
industry		 vs
history
Cash to Debt 0.027
MPO's Cash to Debt is ranked higher than
66% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.16 vs. MPO: 0.027 )
MPO' s 10-Year Cash to Debt Range
Min: 0.03   Max: 0.15
Current: 0.03
0.03
0.15
Equity to Asset 0.382
MPO's Equity to Asset is ranked higher than
64% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.52 vs. MPO: 0.382 )
MPO' s 10-Year Equity to Asset Range
Min: 0.38   Max: 0.83
Current: 0.38
0.38
0.83
Interest Coverage 1.6
MPO's Interest Coverage is ranked higher than
75% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.40 vs. MPO: 1.6 )
MPO' s 10-Year Interest Coverage Range
Min: 2   Max: No Debt
Current: 1.6
Z-Score: 0.19
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

vs
industry		 vs
history
Operating margin (%) 8.30
MPO's Operating margin (%) is ranked higher than
82% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MPO: 8.30 )
MPO' s 10-Year Operating margin (%) Range
Min: -48.5   Max: 8.9
Current: 8.3
-48.5
8.9
Net-margin (%) -60.6
MPO's Net-margin (%) is ranked higher than
76% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MPO: -60.6 )
MPO' s 10-Year Net-margin (%) Range
Min: -60.6   Max: 8
Current: -60.6
-60.6
8
ROE (%) -23.3
MPO's ROE (%) is ranked higher than
67% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MPO: -23.3 )
MPO' s 10-Year ROE (%) Range
Min: -23.3   Max: 5.8
Current: -23.3
-23.3
5.8
ROA (%) -8.9
MPO's ROA (%) is ranked higher than
78% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MPO: -8.9 )
MPO' s 10-Year ROA (%) Range
Min: -8.9   Max: 2.7
Current: -8.9
-8.9
2.7
ROC (Joel Greenblatt) (%) 1.40
MPO's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. MPO: 1.40 )
MPO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -4.4   Max: 3.5
Current: 1.4
-4.4
3.5
» MPO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

MPO Guru Trades in

Q2 2012

MPO Guru Trades in Q2 2012

Paul Tudor Jones 11,250 sh (New)
» More
Q3 2012

MPO Guru Trades in Q3 2012

Paul Tudor Jones Sold Out
» More
Q1 2013

MPO Guru Trades in Q1 2013

Jim Simons 112,700 sh (New)
» More
» Details

Insider Trades

Latest Guru Trades with MPO



No Insider Trades Found!
» Financial Charts

Peter Lynch Chart

Top Ranked Articles about Midstates Petroleum Co Inc

President and CEO of Midstates Petroleum Company John Crum Buys 25,000 Shares
August 20, 2012
President and CEO of Midstates Petroleum Company Inc. (MPO) John A. Crum bought 25,000 shares on 08/16/2012 at an average price of $7.52. The total transaction amount is $188,000. Midstates Petroleum Company Inc. is engaged in the exploration and development of oil and natural gas properties in central Louisiana. Midstates Petroleum Company Inc. has a market cap of $524.7 million; its shares were traded at around $7.99. Read more...

Ratios

vs
industry		 vs
history
P/B 0.70
MPO's P/B is ranked higher than
88% of the 745 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.34 vs. MPO: 0.70 )
MPO' s 10-Year P/B Range
Min: 0.58   Max: 2.22
Current: 0.7
0.58
2.22
P/S 1.34
MPO's P/S is ranked higher than
89% of the 800 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.15 vs. MPO: 1.34 )
MPO' s 10-Year P/S Range
Min: 1.26   Max: 6.31
Current: 1.34
1.26
6.31
EV-to-EBIT 37
MPO's EV-to-EBIT is ranked higher than
58% of the 398 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 14.51 vs. MPO: 37 )
MPO' s 10-Year EV-to-EBIT Range
Min: 11.7   Max: 59.5
Current: 37
11.7
59.5

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 17.9
MPO's Price/Net Current Asset Value is ranked higher than
81% of the 570 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 25.70 vs. MPO: 17.9 )
MPO' s 10-Year Price/Net Current Asset Value Range
Min: 16.8   Max: 16.8
Current: 17.9
Price/Tangible Book 0.7
MPO's Price/Tangible Book is ranked higher than
91% of the 696 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.40 vs. MPO: 0.7 )
MPO' s 10-Year Price/Tangible Book Range
Min: 0.6   Max: 0.6
Current: 0.7
Price/Median PS Value 0.7
MPO's Price/Median PS Value is ranked higher than
76% of the 662 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.90 vs. MPO: 0.7 )
MPO' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 0.8
Current: 0.7
Earnings Yield (Greenblatt) 2.70
MPO's Earnings Yield (Greenblatt) is ranked higher than
77% of the 931 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.60 vs. MPO: 2.70 )
MPO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.7   Max: 8.5
Current: 2.7
1.7
8.5

Business Description

Midstates Petroleum Co Inc is an independent exploration and production company incorporated in the state of Delaware. The company focused on the application of modern drilling and completion techniques to oil-prone resources in previously discovered yet underdeveloped hydrocarbon trends. It was founded in 1993 to focus on oilfields in the Upper Gulf Coast Tertiary trend onshore in central Louisiana. The Upper Gulf Coast Tertiary trend extends from south Texas to Mississippi across its current operating areas in central Louisiana and is characterized by well-defined geology, including tight sands featuring multiple productive zones typically located within large geologic traps. Many of the oilfields in this trend were discovered by major oil companies in the 1940's and 1950's, but were not fully developed due to then-prevailing oil prices, the adoption of a state-level severance tax in Louisiana, restrictive production allowables and other regulatory limitations. The company has accumulated approximately 64,700 net acres in the trend and has options to acquire an aggregate of approximately 31,700 additional targeted net acres. As of September 30, 2011, its estimated net proved reserves were 24.3 MMBoe, of which 74% was oil or NGLs and 47% was proved developed. During September 2011, its properties had aggregate average net daily production of approximately 8,033 Boe per day. Its growth has been driven through the development of leasehold acreage. The company initiated operations in 1993 in its North Cowards Gully project area and slowly aggregated leasehold acreage in that project area and others over the next eighteen years. In August 2008, First Reserve acquired a majority interest in the company and, along with members of senior management, provided a significant amount of growth capital to expand its exploration and development program. As a result of this increase in capital available for operations, it has increased its average daily production at a compound annual growth rate of 99% from 1,024 Boe/d in the month ended September 30, 2008 to 8,033 Boe/d in the month ended September 30, 2011. It believes that, based on the results of its drilling program and understanding of the geology underlying its acreage, it has a total of 601 specifically identified gross vertical drilling locations in the trend. The company's properties in the Pine Prairie area represented 41.3% of its total proved reserves as of September 30, 2011; properties in the South Bearhead Creek/Oretta area represented 24.6% of total proved reserves as of September 30, 2011; properties in the West Gordon area represented 20.6% of total proved reserves as of September 30, 2011; properties in the North Cowards Gully area represented 11.5% of total proved reserves as of September 30, 2011. The company's oil and natural gas exploration, production and development operations are subject to stringent federal, regional, state and local laws and regulations governing
Company Website
SEC Reports
Industry: Oil & Gas E&P
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Traded in other countries:2MP.Germany
» More Articles for MPO

Headlines

Articles On GuruFocus.com
Weekly CEO Buys Highlight: FFIN, STEC, MPO, PACB, TPGI Nov 25 2012 
Weekly CEO Buys Highlight: FFIN, VOCS, HK, ABR, MPO Nov 19 2012 
Weekly CEO Buys Highlight: SUNS, MCP, MPO, HHS, CVO Aug 25 2012 
President and CEO of Midstates Petroleum Company John Crum Buys 25,000 Shares Aug 20 2012 
Weekly CEO Buys Highlight: UAL, SUNS, PKY, MCGC, MPO Aug 18 2012 

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