Free Trial

Permian Resources (PR) Competitors

$15.41
-0.09 (-0.58%)
(As of 06/21/2024 ET)

PR vs. CVE, FANG, DVN, CTRA, EQT, MRO, OVV, CHK, APA, and AR

Should you be buying Permian Resources stock or one of its competitors? The main competitors of Permian Resources include Cenovus Energy (CVE), Diamondback Energy (FANG), Devon Energy (DVN), Coterra Energy (CTRA), EQT (EQT), Marathon Oil (MRO), Ovintiv (OVV), Chesapeake Energy (CHK), APA (APA), and Antero Resources (AR). These companies are all part of the "crude petroleum & natural gas" industry.

Permian Resources vs.

Cenovus Energy (NYSE:CVE) and Permian Resources (NASDAQ:PR) are both large-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, profitability, earnings, community ranking, institutional ownership, valuation, media sentiment and dividends.

Cenovus Energy has a beta of 2.06, indicating that its share price is 106% more volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.26, indicating that its share price is 326% more volatile than the S&P 500.

Cenovus Energy presently has a consensus target price of $29.00, suggesting a potential upside of 55.50%. Permian Resources has a consensus target price of $20.31, suggesting a potential upside of 31.78%. Given Permian Resources' higher possible upside, research analysts clearly believe Cenovus Energy is more favorable than Permian Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cenovus Energy
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Permian Resources
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
3.00

Cenovus Energy pays an annual dividend of $0.52 per share and has a dividend yield of 2.8%. Permian Resources pays an annual dividend of $0.24 per share and has a dividend yield of 1.6%. Cenovus Energy pays out 28.9% 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.

51.2% of Cenovus Energy shares are held by institutional investors. Comparatively, 91.8% of Permian Resources shares are held by institutional investors. 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 company is poised for long-term growth.

Cenovus Energy has higher revenue and earnings than Permian Resources. Cenovus Energy is trading at a lower price-to-earnings ratio than Permian Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cenovus Energy$38.67B0.90$3.04B$1.8010.36
Permian Resources$3.12B3.80$476.31M$1.1014.01

Cenovus Energy received 597 more outperform votes than Permian Resources when rated by MarketBeat users. Likewise, 60.32% of users gave Cenovus Energy an outperform vote while only 54.79% of users gave Permian Resources an outperform vote.

CompanyUnderperformOutperform
Cenovus EnergyOutperform Votes
637
60.32%
Underperform Votes
419
39.68%
Permian ResourcesOutperform Votes
40
54.79%
Underperform Votes
33
45.21%

Permian Resources has a net margin of 13.90% compared to Permian Resources' net margin of 8.73%. Permian Resources' return on equity of 16.53% beat Cenovus Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Cenovus Energy8.73% 16.53% 8.56%
Permian Resources 13.90%11.43%7.23%

In the previous week, Cenovus Energy and Cenovus Energy both had 6 articles in the media. Cenovus Energy's average media sentiment score of 1.35 beat Permian Resources' score of 1.19 indicating that Permian Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cenovus Energy
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Permian Resources
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Permian Resources beats Cenovus Energy on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

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 Chart

Media Sentiment Over Time

This 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.
Skip Chart

PR vs. The Competition

MetricPermian ResourcesCrude petroleum & natural gas IndustryEnergy SectorNASDAQ Exchange
Market Cap$11.93B$8.33B$8.18B$8.42B
Dividend Yield1.55%17.54%11.78%4.09%
P/E Ratio14.0114.1013.6614.95
Price / Sales3.804.0751.9165.77
Price / Cash6.806.659.1330.94
Price / Book1.291.813.424.19
Net Income$476.31M$1.23B$966.87M$216.53M
7 Day Performance2.46%0.37%-0.48%-1.22%
1 Month Performance-1.60%-1.96%-2.95%-2.31%
1 Year Performance49.76%6.47%2.57%0.05%

Permian Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
4.0742 of 5 stars
$18.22
-0.1%
$29.00
+59.2%
+14.3%$33.84B$38.67B10.126,925Positive News
FANG
Diamondback Energy
3.8853 of 5 stars
$187.33
+0.7%
$209.35
+11.8%
+51.7%$33.41B$8.41B10.561,023Analyst Downgrade
Positive News
DVN
Devon Energy
4.9184 of 5 stars
$45.76
+0.4%
$59.24
+29.4%
-3.9%$28.92B$15.26B8.731,900Analyst Upgrade
Positive News
CTRA
Coterra Energy
4.5904 of 5 stars
$26.76
+0.1%
$33.93
+26.8%
+11.3%$19.92B$5.91B15.47894Positive News
EQT
EQT
4.0902 of 5 stars
$38.65
-1.8%
$45.24
+17.0%
-6.3%$17.07B$6.91B28.01881Short Interest ↑
Positive News
MRO
Marathon Oil
4.8531 of 5 stars
$27.38
+0.3%
$32.86
+20.0%
+24.8%$15.44B$6.70B11.311,681Positive News
OVV
Ovintiv
4.7275 of 5 stars
$45.57
-0.5%
$58.65
+28.7%
+30.0%$12.17B$10.88B6.361,743
CHK
Chesapeake Energy
4.2384 of 5 stars
$84.74
-0.5%
$106.67
+25.9%
+1.7%$11.11B$8.72B11.421,000Positive News
APA
APA
4.7938 of 5 stars
$27.91
+0.3%
$40.52
+45.2%
-15.4%$10.36B$8.19B3.122,271Analyst Revision
AR
Antero Resources
3.6008 of 5 stars
$32.58
-1.7%
$33.00
+1.3%
+48.8%$10.13B$4.68B162.90604Analyst Revision

Related Companies and Tools

This page (NASDAQ:PR) was last updated on 6/23/2024 by MarketBeat.com Staff

From Our Partners