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TPG Pace Energy Holdings (TPG Pace Energy Holdings) GF Value Rank : 0 (As of Apr. 26, 2024)


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What is TPG Pace Energy Holdings GF Value Rank?

TPG Pace Energy Holdings has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


TPG Pace Energy Holdings GF Value Rank Related Terms

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TPG Pace Energy Holdings (TPG Pace Energy Holdings) Business Description

Traded in Other Exchanges
Address
Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.
Executives
Timothy D. Yang officer: EVP - General Counsel & Sec 1415 LOUISIANA STREET, SUITE 1600, HOUSTON TX 77002
Stephen I Chazen director, officer: Chairman, President & CEO 1700 E. PUTNAM AVE, SUITE 500, OLD GREENWICH CT 06870
Christopher G Stavros officer: Executive VP, CFO 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Valerie Chase officer: VP - CAO & Controller SOUTH 6325 RAINBOW BOULEVARD, SUITE 420, LAS VEGAS NV 89118
Angela M Busch director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Edward P Djerejian director 2027 SUNSET BOULEVARD, HOUSTON TX 77005
James R Larson director CSI COMPRESSCO LP, 1735 HUGHES LANDING BLVD STE 200, THE WOODLANDS TX 77380
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010
Arcilia Acosta director LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
John B Walker director, 10 percent owner NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Steve Millican officer: SVP - Operations NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Enervest Energy Institutional Fund Xiv-wic, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-3a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-2a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002

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