ARX vs. OVV, MEG, TOU, CPG, SCR, PSK, WCP, ERF, POU, and BTE
Should you be buying ARC Resources stock or one of its competitors? The main competitors of ARC Resources include Ovintiv (OVV), MEG Energy (MEG), Tourmaline Oil (TOU), Crescent Point Energy (CPG), Strathcona Resources (SCR), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), and Baytex Energy (BTE). These companies are all part of the "oil & gas e&p" industry.
Ovintiv (TSE:OVV) and ARC Resources (TSE:ARX) are both large-cap energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk, community ranking and earnings.
Ovintiv has higher revenue and earnings than ARC Resources. Ovintiv is trading at a lower price-to-earnings ratio than ARC Resources, indicating that it is currently the more affordable of the two stocks.
ARC Resources has a net margin of 28.23% compared to ARC Resources' net margin of 19.56%. ARC Resources' return on equity of 23.09% beat Ovintiv's return on equity.
ARC Resources received 584 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 66.10% of users gave ARC Resources an outperform vote while only 58.06% of users gave Ovintiv an outperform vote.
In the previous week, ARC Resources had 4 more articles in the media than Ovintiv. MarketBeat recorded 13 mentions for ARC Resources and 9 mentions for Ovintiv. ARC Resources' average media sentiment score of 0.74 beat Ovintiv's score of 0.39 indicating that Ovintiv is being referred to more favorably in the media.
Ovintiv currently has a consensus target price of C$58.50, indicating a potential downside of 18.84%. ARC Resources has a consensus target price of C$28.75, indicating a potential upside of 13.68%. Given Ovintiv's stronger consensus rating and higher possible upside, analysts clearly believe ARC Resources is more favorable than Ovintiv.
81.9% of Ovintiv shares are owned by institutional investors. Comparatively, 38.8% of ARC Resources shares are owned by institutional investors. 0.5% of Ovintiv shares are owned by company insiders. Comparatively, 0.1% of ARC Resources shares are owned by company 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.
Ovintiv has a beta of 2.67, indicating that its stock price is 167% more volatile than the S&P 500. Comparatively, ARC Resources has a beta of 1.33, indicating that its stock price is 33% more volatile than the S&P 500.
Ovintiv pays an annual dividend of C$1.62 per share and has a dividend yield of 2.2%. ARC Resources pays an annual dividend of C$0.68 per share and has a dividend yield of 2.7%. Ovintiv pays out 15.1% of its earnings in the form of a dividend. ARC Resources pays out 26.1% 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.
Summary
ARC Resources beats Ovintiv on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ARX 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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