TOU vs. OVV, ARX, MEG, CPG, SCR, PSK, WCP, PPL, CCO, and ALA
Should you be buying Tourmaline Oil stock or one of its competitors? The main competitors of Tourmaline Oil include Ovintiv (OVV), ARC Resources (ARX), MEG Energy (MEG), Crescent Point Energy (CPG), Strathcona Resources (SCR), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Pembina Pipeline (PPL), Cameco (CCO), and AltaGas (ALA). These companies are all part of the "energy" sector.
Ovintiv (TSE:OVV) and Tourmaline Oil (TSE:TOU) are both large-cap energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, earnings, community ranking, analyst recommendations, institutional ownership, risk, media sentiment, profitability and valuation.
Ovintiv pays an annual dividend of C$1.62 per share and has a dividend yield of 2.2%. Tourmaline Oil pays an annual dividend of C$1.20 per share and has a dividend yield of 1.8%. Ovintiv pays out 15.1% of its earnings in the form of a dividend. Tourmaline Oil pays out 23.9% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.
Ovintiv has a beta of 2.67, suggesting that its stock price is 167% more volatile than the S&P 500. Comparatively, Tourmaline Oil has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500.
Ovintiv currently has a consensus price target of C$58.50, suggesting a potential downside of 19.62%. Tourmaline Oil has a consensus price target of C$78.08, suggesting a potential upside of 15.24%. Given Ovintiv's stronger consensus rating and higher possible upside, analysts plainly believe Tourmaline Oil is more favorable than Ovintiv.
Ovintiv has higher revenue and earnings than Tourmaline Oil. Ovintiv is trading at a lower price-to-earnings ratio than Tourmaline Oil, indicating that it is currently the more affordable of the two stocks.
81.9% of Ovintiv shares are owned by institutional investors. Comparatively, 55.2% of Tourmaline Oil shares are owned by institutional investors. 0.5% of Ovintiv shares are owned by company insiders. Comparatively, 5.2% of Tourmaline Oil shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Tourmaline Oil received 783 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 71.59% of users gave Tourmaline Oil an outperform vote while only 58.06% of users gave Ovintiv an outperform vote.
In the previous week, Tourmaline Oil had 3 more articles in the media than Ovintiv. MarketBeat recorded 9 mentions for Tourmaline Oil and 6 mentions for Ovintiv. Tourmaline Oil's average media sentiment score of 0.82 beat Ovintiv's score of 0.30 indicating that Ovintiv is being referred to more favorably in the media.
Tourmaline Oil has a net margin of 35.87% compared to Tourmaline Oil's net margin of 19.56%. Tourmaline Oil's return on equity of 23.09% beat Ovintiv's return on equity.
Summary
Tourmaline Oil beats Ovintiv on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TOU 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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