Financial Survey: Artesian Resources (NASDAQ:ARTNA) vs. American Energy Partners (OTCMKTS:AEPTD)
by Tristan Rich · The Markets DailyAmerican Energy Partners (OTCMKTS:AEPTD – Get Free Report) and Artesian Resources (NASDAQ:ARTNA – Get Free Report) are both small-cap utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, profitability, risk, institutional ownership and analyst recommendations.
Analyst Ratings
This is a breakdown of current ratings and price targets for American Energy Partners and Artesian Resources, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| American Energy Partners | 0 | 0 | 0 | 0 | 0.00 |
| Artesian Resources | 0 | 2 | 0 | 0 | 2.00 |
Given American Energy Partners’ higher probable upside, analysts clearly believe American Energy Partners is more favorable than Artesian Resources.
Valuation and Earnings
This table compares American Energy Partners and Artesian Resources”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| American Energy Partners | N/A | N/A | N/A | N/A | N/A |
| Artesian Resources | $116.94 million | 3.09 | $22.82 million | $2.29 | 15.31 |
Artesian Resources has higher revenue and earnings than American Energy Partners.
Institutional and Insider Ownership
57.4% of Artesian Resources shares are owned by institutional investors. 20.6% of Artesian Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Profitability
This table compares American Energy Partners and Artesian Resources’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| American Energy Partners | N/A | N/A | N/A |
| Artesian Resources | 20.18% | 9.42% | 2.77% |
Risk and Volatility
American Energy Partners has a beta of 2.92, suggesting that its stock price is 192% more volatile than the S&P 500. Comparatively, Artesian Resources has a beta of 0.33, suggesting that its stock price is 67% less volatile than the S&P 500.
Summary
Artesian Resources beats American Energy Partners on 7 of the 9 factors compared between the two stocks.
About American Energy Partners
American Energy Partners, Inc., through its subsidiaries, sources, treats, and distributes reclaimed water in the United States. The company engages in the design, construction, and operation of regional water treatment facilities that serve industrial, energy, and government sectors. It also focuses on drilling, operating, and partnership opportunities in the upstream oil and gas space. It also provides geotechnical services. The company is based in Allentown, Pennsylvania.
About Artesian Resources
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2023, it served approximately 95,900 customers in Delaware; 2,600 customers in Maryland; and 40 customers in Pennsylvania through 1,470 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.