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Parex Resources (PXT) Competitors

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C$28.91 +0.09 (+0.31%)
As of 04:00 PM Eastern

PXT vs. SCR, PSK, MEG, CPG, and TVE

Should you buy Parex Resources stock or one of its competitors? Parex Resources's main competitors and comparable companies include Strathcona Resources (SCR), PrairieSky Royalty (PSK), MEG Energy (MEG), Crescent Point Energy (CPG), and Tamarack Valley Energy (TVE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil & gas exploration & production" industry.

How does Parex Resources compare to Strathcona Resources?

Strathcona Resources (TSE:SCR) and Parex Resources (TSE:PXT) are both mid-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, media sentiment, dividends, risk, profitability, valuation and earnings.

7.6% of Strathcona Resources shares are held by institutional investors. Comparatively, 51.9% of Parex Resources shares are held by institutional investors. 91.3% of Strathcona Resources shares are held by insiders. Comparatively, 1.6% of Parex Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Parex Resources had 1 more articles in the media than Strathcona Resources. MarketBeat recorded 2 mentions for Parex Resources and 1 mentions for Strathcona Resources. Strathcona Resources' average media sentiment score of 1.00 beat Parex Resources' score of 0.80 indicating that Strathcona Resources is being referred to more favorably in the media.

Company Overall Sentiment
Strathcona Resources Positive
Parex Resources Positive

Strathcona Resources pays an annual dividend of C$1.20 per share and has a dividend yield of 2.8%. Parex Resources pays an annual dividend of C$1.11 per share and has a dividend yield of 3.8%. Strathcona Resources pays out 30.5% of its earnings in the form of a dividend. Parex Resources pays out 18.6% 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. Parex Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

Parex Resources has a net margin of 53.09% compared to Strathcona Resources' net margin of 19.41%. Parex Resources' return on equity of 27.68% beat Strathcona Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Strathcona Resources19.41% 17.02% 6.81%
Parex Resources 53.09%27.68%15.28%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Strathcona ResourcesC$4.72B1.95C$370.36MC$3.9410.91
Parex ResourcesC$1.25B2.23C$183.23MC$5.954.86

Strathcona Resources has a beta of 2.614012, meaning that its share price is 161% more volatile than the broader market. Comparatively, Parex Resources has a beta of 0.182532, meaning that its share price is 82% less volatile than the broader market.

Strathcona Resources presently has a consensus price target of C$43.00, indicating a potential upside of 0.05%. Parex Resources has a consensus price target of C$25.30, indicating a potential downside of 12.49%. Given Strathcona Resources' stronger consensus rating and higher probable upside, equities analysts clearly believe Strathcona Resources is more favorable than Parex Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Strathcona Resources
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.00
Parex Resources
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Strathcona Resources beats Parex Resources on 10 of the 19 factors compared between the two stocks.

How does Parex Resources compare to PrairieSky Royalty?

PrairieSky Royalty (TSE:PSK) and Parex Resources (TSE:PXT) are both mid-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, earnings, dividends, media sentiment, valuation, profitability and analyst recommendations.

In the previous week, Parex Resources had 1 more articles in the media than PrairieSky Royalty. MarketBeat recorded 2 mentions for Parex Resources and 1 mentions for PrairieSky Royalty. Parex Resources' average media sentiment score of 0.80 beat PrairieSky Royalty's score of 0.24 indicating that Parex Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
PrairieSky Royalty
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Parex Resources
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

PrairieSky Royalty pays an annual dividend of C$1.05 per share and has a dividend yield of 2.9%. Parex Resources pays an annual dividend of C$1.11 per share and has a dividend yield of 3.8%. PrairieSky Royalty pays out 101.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Parex Resources pays out 18.6% of its earnings in the form of a dividend. Parex Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

Parex Resources has a net margin of 53.09% compared to PrairieSky Royalty's net margin of 44.86%. Parex Resources' return on equity of 27.68% beat PrairieSky Royalty's return on equity.

Company Net Margins Return on Equity Return on Assets
PrairieSky Royalty44.86% 9.48% 5.99%
Parex Resources 53.09%27.68%15.28%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PrairieSky RoyaltyC$538.30M15.67C$214.83MC$1.0434.89
Parex ResourcesC$1.25B2.23C$183.23MC$5.954.86

PrairieSky Royalty presently has a consensus target price of C$34.42, indicating a potential downside of 5.16%. Parex Resources has a consensus target price of C$25.30, indicating a potential downside of 12.49%. Given PrairieSky Royalty's stronger consensus rating and higher probable upside, equities analysts clearly believe PrairieSky Royalty is more favorable than Parex Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PrairieSky Royalty
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86
Parex Resources
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

73.2% of PrairieSky Royalty shares are held by institutional investors. Comparatively, 51.9% of Parex Resources shares are held by institutional investors. 0.5% of PrairieSky Royalty shares are held by insiders. Comparatively, 1.6% of Parex Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

PrairieSky Royalty has a beta of 0.734948, meaning that its share price is 27% less volatile than the broader market. Comparatively, Parex Resources has a beta of 0.182532, meaning that its share price is 82% less volatile than the broader market.

Summary

Parex Resources beats PrairieSky Royalty on 10 of the 19 factors compared between the two stocks.

How does Parex Resources compare to MEG Energy?

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

MEG Energy pays an annual dividend of C$0.41 per share and has a dividend yield of 1.3%. Parex Resources pays an annual dividend of C$1.11 per share and has a dividend yield of 3.8%. MEG Energy pays out 19.4% of its earnings in the form of a dividend. Parex Resources pays out 18.6% 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. Parex Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MEG EnergyC$4.63B1.70C$487.47MC$2.1114.64
Parex ResourcesC$1.25B2.23C$183.23MC$5.954.86

Parex Resources has a net margin of 53.09% compared to MEG Energy's net margin of 13.76%. Parex Resources' return on equity of 27.68% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
MEG Energy13.76% 9.39% 8.96%
Parex Resources 53.09%27.68%15.28%

MEG Energy currently has a consensus price target of C$28.00, suggesting a potential downside of 9.36%. Parex Resources has a consensus price target of C$25.30, suggesting a potential downside of 12.49%. Given MEG Energy's higher possible upside, equities research analysts clearly believe MEG Energy is more favorable than Parex Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MEG Energy
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Parex Resources
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

MEG Energy has a beta of 0.446509, meaning that its stock price is 55% less volatile than the broader market. Comparatively, Parex Resources has a beta of 0.182532, meaning that its stock price is 82% less volatile than the broader market.

46.2% of MEG Energy shares are owned by institutional investors. Comparatively, 51.9% of Parex Resources shares are owned by institutional investors. 0.3% of MEG Energy shares are owned by company insiders. Comparatively, 1.6% of Parex Resources 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 2 mentions for Parex Resources and 1 mentions for MEG Energy. MEG Energy's average media sentiment score of 1.08 beat Parex Resources' score of 0.80 indicating that MEG Energy is being referred to more favorably in the media.

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

Summary

Parex Resources beats MEG Energy on 12 of the 18 factors compared between the two stocks.

How does Parex Resources compare to Crescent Point Energy?

Crescent Point Energy (TSE:CPG) and Parex Resources (TSE:PXT) are both mid-cap energy companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation, media sentiment and earnings.

Crescent Point Energy has a beta of 2.84, suggesting that its share price is 184% more volatile than the broader market. Comparatively, Parex Resources has a beta of 0.182532, suggesting that its share price is 82% less volatile than the broader market.

Crescent Point Energy pays an annual dividend of C$0.46 per share. Parex Resources pays an annual dividend of C$1.11 per share and has a dividend yield of 3.8%. Crescent Point Energy pays out 93.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Parex Resources pays out 18.6% of its earnings in the form of a dividend. Parex Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

Parex Resources has a net margin of 53.09% compared to Crescent Point Energy's net margin of -1.65%. Parex Resources' return on equity of 27.68% beat Crescent Point Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Crescent Point Energy-1.65% 3.31% 2.86%
Parex Resources 53.09%27.68%15.28%

Crescent Point Energy has higher revenue and earnings than Parex Resources. Crescent Point 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
Crescent Point EnergyC$3.51B0.00C$215.70MC$0.49N/A
Parex ResourcesC$1.25B2.23C$183.23MC$5.954.86

47.5% of Crescent Point Energy shares are owned by institutional investors. Comparatively, 51.9% of Parex Resources shares are owned by institutional investors. 0.5% of Crescent Point Energy shares are owned by company insiders. Comparatively, 1.6% of Parex Resources 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.

Parex Resources has a consensus price target of C$25.30, suggesting a potential downside of 12.49%. Given Crescent Point Energy's higher probable upside, analysts plainly believe Crescent Point Energy is more favorable than Parex Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Crescent Point Energy
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Parex Resources
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, Parex Resources had 2 more articles in the media than Crescent Point Energy. MarketBeat recorded 2 mentions for Parex Resources and 0 mentions for Crescent Point Energy. Parex Resources' average media sentiment score of 0.80 beat Crescent Point Energy's score of 0.00 indicating that Parex Resources is being referred to more favorably in the news media.

Company Overall Sentiment
Crescent Point Energy Neutral
Parex Resources Positive

Summary

Parex Resources beats Crescent Point Energy on 12 of the 17 factors compared between the two stocks.

How does Parex Resources compare to Tamarack Valley Energy?

Parex Resources (TSE:PXT) and Tamarack Valley Energy (TSE:TVE) are both mid-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings.

Parex Resources pays an annual dividend of C$1.11 per share and has a dividend yield of 3.8%. Tamarack Valley Energy pays an annual dividend of C$0.16 per share and has a dividend yield of 1.2%. Parex Resources pays out 18.6% of its earnings in the form of a dividend. Tamarack Valley Energy pays out 225.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Parex Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

Parex Resources has a beta of 0.182532, indicating that its share price is 82% less volatile than the broader market. Comparatively, Tamarack Valley Energy has a beta of 0.315643, indicating that its share price is 68% less volatile than the broader market.

51.9% of Parex Resources shares are owned by institutional investors. Comparatively, 35.6% of Tamarack Valley Energy shares are owned by institutional investors. 1.6% of Parex Resources shares are owned by insiders. Comparatively, 1.3% of Tamarack Valley Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Parex Resources has a net margin of 53.09% compared to Tamarack Valley Energy's net margin of 1.50%. Parex Resources' return on equity of 27.68% beat Tamarack Valley Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Parex Resources53.09% 27.68% 15.28%
Tamarack Valley Energy 1.50%1.34%6.55%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Parex ResourcesC$1.25B2.23C$183.23MC$5.954.86
Tamarack Valley EnergyC$1.85B3.48C$208.06MC$0.07193.29

Parex Resources currently has a consensus price target of C$25.30, indicating a potential downside of 12.49%. Tamarack Valley Energy has a consensus price target of C$13.70, indicating a potential upside of 1.29%. Given Tamarack Valley Energy's stronger consensus rating and higher possible upside, analysts plainly believe Tamarack Valley 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)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50
Tamarack Valley Energy
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Tamarack Valley Energy had 2 more articles in the media than Parex Resources. MarketBeat recorded 4 mentions for Tamarack Valley Energy and 2 mentions for Parex Resources. Tamarack Valley Energy's average media sentiment score of 1.25 beat Parex Resources' score of 0.80 indicating that Tamarack Valley Energy is being referred to more favorably in the news media.

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

Summary

Tamarack Valley Energy beats Parex Resources on 10 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 & Consumable Fuels IndustryEnergy SectorTSE Exchange
Market CapC$2.78BC$11.51BC$10.07BC$12.52B
Dividend Yield5.52%11.21%11.47%6.24%
P/E Ratio4.8618.8222.0439.47
Price / Sales2.23594.75486.959.82
Price / Cash5.5739.8936.2382.29
Price / Book1.183.333.124.71
Net IncomeC$183.23MC$5.27BC$4.33BC$299.09M
7 Day Performance3.47%1.47%1.37%-1.21%
1 Month Performance19.07%7.06%6.55%4.89%
1 Year Performance65.11%37.10%38.64%28.63%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PXT
Parex Resources
3.4214 of 5 stars
C$28.91
+0.3%
C$25.30
-12.5%
+61.8%C$2.78BC$1.25B4.86449
SCR
Strathcona Resources
1.5298 of 5 stars
C$44.13
+3.2%
C$43.00
-2.6%
+12.8%C$9.45BC$4.72B11.20193
PSK
PrairieSky Royalty
2.1457 of 5 stars
C$37.18
+1.5%
C$34.42
-7.4%
+49.5%C$8.64BC$538.30M35.7565
MEG
MEG Energy
1.5455 of 5 stars
C$30.89
+0.7%
C$28.00
-9.4%
+7.3%C$7.86BC$4.63B14.64449
CPG
Crescent Point Energy
N/AN/AN/AN/AC$7.24BC$3.51B23.92777

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This page (TSE:PXT) was last updated on 9/3/2026 by MarketBeat.com Staff.
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