PED vs. WTI, GTE, AMPY, PNRG, PROP, PHX, EPSN, MVO, BATL, and PRT
Should you be buying PEDEVCO stock or one of its competitors? The main competitors of PEDEVCO include W&T Offshore (WTI), Gran Tierra Energy (GTE), Amplify Energy (AMPY), PrimeEnergy Resources (PNRG), Prairie Operating (PROP), PHX Minerals (PHX), Epsilon Energy (EPSN), MV Oil Trust (MVO), Battalion Oil (BATL), and PermRock Royalty Trust (PRT). These companies are all part of the "crude petroleum & natural gas" industry.
W&T Offshore (NYSE:WTI) and PEDEVCO (NYSE:PED) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, community ranking, profitability, risk, analyst recommendations, dividends and media sentiment.
W&T Offshore has higher revenue and earnings than PEDEVCO. W&T Offshore is trading at a lower price-to-earnings ratio than PEDEVCO, indicating that it is currently the more affordable of the two stocks.
W&T Offshore received 275 more outperform votes than PEDEVCO when rated by MarketBeat users. Likewise, 53.92% of users gave W&T Offshore an outperform vote while only 0.00% of users gave PEDEVCO an outperform vote.
PEDEVCO has a net margin of 3.99% compared to PEDEVCO's net margin of -4.04%. W&T Offshore's return on equity of 1.31% beat PEDEVCO's return on equity.
W&T Offshore currently has a consensus price target of $7.80, indicating a potential upside of 269.67%. Given PEDEVCO's higher probable upside, research analysts clearly believe W&T Offshore is more favorable than PEDEVCO.
W&T Offshore has a beta of 1.44, indicating that its share price is 44% more volatile than the S&P 500. Comparatively, PEDEVCO has a beta of 0.54, indicating that its share price is 46% less volatile than the S&P 500.
In the previous week, PEDEVCO had 3 more articles in the media than W&T Offshore. MarketBeat recorded 3 mentions for PEDEVCO and 0 mentions for W&T Offshore. W&T Offshore's average media sentiment score of 0.56 beat PEDEVCO's score of 0.00 indicating that PEDEVCO is being referred to more favorably in the news media.
42.9% of W&T Offshore shares are held by institutional investors. Comparatively, 3.3% of PEDEVCO shares are held by institutional investors. 33.5% of W&T Offshore shares are held by insiders. Comparatively, 71.1% of PEDEVCO shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
PEDEVCO beats W&T Offshore on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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