PR vs. OVV, CHK, APA, MRO, AR, RRC, SWN, HESM, EQT, and MTDR
Should you be buying Permian Resources stock or one of its competitors? The main competitors of Permian Resources include Ovintiv (OVV), Chesapeake Energy (CHK), APA (APA), Marathon Oil (MRO), Antero Resources (AR), Range Resources (RRC), Southwestern Energy (SWN), Hess Midstream (HESM), EQT (EQT), and Matador Resources (MTDR). These companies are all part of the "crude petroleum & natural gas" industry.
Ovintiv (NYSE:OVV) and Permian Resources (NASDAQ:PR) are both large-cap oils/energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, institutional ownership, valuation, community ranking, earnings, analyst recommendations and dividends.
Ovintiv has a net margin of 18.12% compared to Ovintiv's net margin of 13.90%. Permian Resources' return on equity of 17.74% beat Ovintiv's return on equity.
83.8% of Ovintiv shares are held by institutional investors. Comparatively, 91.8% of Permian Resources shares are held by institutional investors. 1.7% of Ovintiv shares are held by insiders. Comparatively, 12.8% of Permian Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Ovintiv pays an annual dividend of $1.20 per share and has a dividend yield of 2.5%. Permian Resources pays an annual dividend of $0.24 per share and has a dividend yield of 1.5%. Ovintiv pays out 16.8% of its earnings in the form of a dividend. Permian Resources pays out 21.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Ovintiv has increased its dividend for 3 consecutive years. Ovintiv is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Ovintiv has higher revenue and earnings than Permian Resources. Ovintiv is trading at a lower price-to-earnings ratio than Permian Resources, indicating that it is currently the more affordable of the two stocks.
Ovintiv currently has a consensus price target of $57.56, suggesting a potential upside of 18.14%. Permian Resources has a consensus price target of $19.38, suggesting a potential upside of 23.55%. Given Ovintiv's stronger consensus rating and higher probable upside, analysts plainly believe Permian Resources is more favorable than Ovintiv.
Ovintiv received 103 more outperform votes than Permian Resources when rated by MarketBeat users. However, 53.52% of users gave Permian Resources an outperform vote while only 49.82% of users gave Ovintiv an outperform vote.
In the previous week, Ovintiv had 6 more articles in the media than Permian Resources. MarketBeat recorded 18 mentions for Ovintiv and 12 mentions for Permian Resources. Ovintiv's average media sentiment score of 0.96 beat Permian Resources' score of 0.61 indicating that Permian Resources is being referred to more favorably in the news media.
Ovintiv has a beta of 2.64, meaning that its share price is 164% more volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.32, meaning that its share price is 332% more volatile than the S&P 500.
Summary
Ovintiv and Permian Resources tied by winning 11 of the 22 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ 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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