POU vs. OVV, ARX, MEG, SCR, CPG, WCP, PSK, ERF, BTE, and PEY
Should you be buying Paramount Resources stock or one of its competitors? The main competitors of Paramount Resources include Ovintiv (OVV), ARC Resources (ARX), MEG Energy (MEG), Strathcona Resources (SCR), Crescent Point Energy (CPG), Whitecap Resources (WCP), PrairieSky Royalty (PSK), Enerplus (ERF), Baytex Energy (BTE), and Peyto Exploration & Development (PEY). These companies are all part of the "oil & gas e&p" industry.
Ovintiv (TSE:OVV) and Paramount Resources (TSE:POU) are both energy companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, community ranking, earnings, analyst recommendations, risk, valuation, dividends, media sentiment and institutional ownership.
Paramount Resources has a net margin of 19.97% compared to Paramount Resources' net margin of 18.52%. Paramount Resources' return on equity of 21.33% beat Ovintiv's return on equity.
Ovintiv pays an annual dividend of C$1.64 per share and has a dividend yield of 2.4%. Paramount Resources pays an annual dividend of C$1.80 per share and has a dividend yield of 5.5%. Ovintiv pays out 16.7% of its earnings in the form of a dividend. Paramount Resources pays out 78.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Ovintiv currently has a consensus target price of C$58.50, indicating a potential downside of 12.88%. Paramount Resources has a consensus target price of C$35.80, indicating a potential upside of 9.75%. Given Ovintiv's stronger consensus rating and higher probable upside, analysts clearly believe Paramount Resources is more favorable than Ovintiv.
81.5% of Ovintiv shares are owned by institutional investors. Comparatively, 9.3% of Paramount Resources shares are owned by institutional investors. 0.5% of Ovintiv shares are owned by company insiders. Comparatively, 45.6% of Paramount Resources shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
In the previous week, Ovintiv had 6 more articles in the media than Paramount Resources. MarketBeat recorded 9 mentions for Ovintiv and 3 mentions for Paramount Resources. Paramount Resources' average media sentiment score of 0.25 beat Ovintiv's score of -0.10 indicating that Ovintiv is being referred to more favorably in the media.
Ovintiv has higher revenue and earnings than Paramount Resources. Ovintiv is trading at a lower price-to-earnings ratio than Paramount Resources, indicating that it is currently the more affordable of the two stocks.
Ovintiv has a beta of 2.67, meaning that its share price is 167% more volatile than the S&P 500. Comparatively, Paramount Resources has a beta of 3.19, meaning that its share price is 219% more volatile than the S&P 500.
Paramount Resources received 365 more outperform votes than Ovintiv when rated by MarketBeat users. However, 58.06% of users gave Ovintiv an outperform vote while only 52.49% of users gave Paramount Resources an outperform vote.
Summary
Ovintiv and Paramount Resources tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding POU 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 TSE 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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