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Parex Resources (PXT) Competitors

Parex Resources logo
C$18.68 +0.22 (+1.19%)
As of 04:00 PM Eastern

PXT vs. MEG, PSK, ERF, PEY, ATH, POU, NVA, IPCO, BTE, and FRU

Should you be buying Parex Resources stock or one of its competitors? The main competitors of Parex Resources include MEG Energy (MEG), PrairieSky Royalty (PSK), Enerplus (ERF), Peyto Exploration & Development (PEY), Athabasca Oil (ATH), Paramount Resources (POU), NuVista Energy (NVA), International Petroleum (IPCO), Baytex Energy (BTE), and Freehold Royalties (FRU). These companies are all part of the "oil & gas e&p" industry.

Parex Resources vs. Its Competitors

Parex Resources (TSE:PXT) and MEG Energy (TSE:MEG) are both energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability, media sentiment and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Parex ResourcesC$1.09B1.68C$183.23MC$1.3114.26
MEG EnergyC$4.81B1.49C$487.47MC$2.0913.51

Parex Resources presently has a consensus target price of C$19.33, indicating a potential upside of 3.50%. MEG Energy has a consensus target price of C$30.33, indicating a potential upside of 7.41%. Given MEG Energy's stronger consensus rating and higher probable upside, analysts clearly believe MEG Energy is more favorable than Parex Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Parex Resources
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
MEG Energy
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

Parex Resources has a net margin of 19.08% compared to MEG Energy's net margin of 9.04%. Parex Resources' return on equity of 13.52% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Parex Resources19.08% 13.52% 15.28%
MEG Energy 9.04%11.06%8.96%

47.9% of Parex Resources shares are owned by institutional investors. Comparatively, 55.0% of MEG Energy shares are owned by institutional investors. 1.6% of Parex Resources shares are owned by company insiders. Comparatively, 0.3% of MEG Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Parex Resources had 1 more articles in the media than MEG Energy. MarketBeat recorded 3 mentions for Parex Resources and 2 mentions for MEG Energy. Parex Resources' average media sentiment score of 1.05 beat MEG Energy's score of 0.73 indicating that Parex Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Parex Resources
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
MEG Energy
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Parex Resources has a beta of 0.49571, meaning that its share price is 50% less volatile than the S&P 500. Comparatively, MEG Energy has a beta of 0.715226, meaning that its share price is 28% less volatile than the S&P 500.

Parex Resources pays an annual dividend of C$1.10 per share and has a dividend yield of 5.9%. MEG Energy pays an annual dividend of C$0.40 per share and has a dividend yield of 1.4%. Parex Resources pays out 84.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. MEG Energy pays out 19.1% of its earnings in the form of a dividend.

Summary

Parex Resources and MEG Energy tied by winning 9 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PXT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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PXT vs. The Competition

MetricParex ResourcesOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$1.84BC$1.50BC$7.98BC$9.68B
Dividend Yield8.50%7.99%10.73%6.47%
P/E Ratio14.26285.4772.6226.85
Price / Sales1.685,046.271,533.1410.77
Price / Cash5.5786.0436.5483.29
Price / Book0.971.834.635.77
Net IncomeC$183.23MC$82.71MC$4.28BC$301.20M
7 Day Performance2.69%6.79%3.07%2.46%
1 Month Performance7.91%10.07%6.80%7.79%
1 Year Performance38.68%30.05%19.09%55.73%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PXT
Parex Resources
3.0021 of 5 stars
C$18.68
+1.2%
C$19.33
+3.5%
+41.0%C$1.84BC$1.09B14.26449News Coverage
Positive News
Analyst Forecast
MEG
MEG Energy
2.6751 of 5 stars
C$28.07
-0.6%
C$30.86
+9.9%
+2.4%C$7.14BC$4.81B13.43449
PSK
PrairieSky Royalty
2.9548 of 5 stars
C$25.50
-0.9%
C$29.33
+15.0%
-7.6%C$6.00BC$504.60M27.4265
ERF
Enerplus
N/AN/AN/AN/AC$5.47BC$1.48B10.98404
PEY
Peyto Exploration & Development
1.4625 of 5 stars
C$18.23
-2.3%
C$20.92
+14.7%
+20.6%C$3.66BC$1.01B11.0553
ATH
Athabasca Oil
1.3395 of 5 stars
C$6.68
-1.3%
C$6.00
-10.2%
+34.7%C$3.32BC$1.46B7.77170News Coverage
Analyst Forecast
POU
Paramount Resources
3.355 of 5 stars
C$22.36
-1.7%
C$25.21
+12.8%
-16.8%C$3.20BC$1.59B2.22579Dividend Announcement
NVA
NuVista Energy
3.7234 of 5 stars
C$16.00
-4.1%
C$17.51
+9.4%
N/AC$3.15BC$1.22B9.3688Positive News
IPCO
International Petroleum
N/AC$23.01
-2.0%
C$22.75
-1.1%
+38.8%C$2.58BC$809.28M52.30N/AGap Down
BTE
Baytex Energy
3.5841 of 5 stars
C$3.28
-3.2%
C$4.68
+42.7%
N/AC$2.52BC$3.98B6.98220Positive News
FRU
Freehold Royalties
1.3346 of 5 stars
C$13.68
-1.1%
C$15.40
+12.6%
N/AC$2.24BC$320.07M18.00N/A

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This page (TSE:PXT) was last updated on 10/7/2025 by MarketBeat.com Staff
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