Parex Resources (PXT) Competitors

C$24.20
+0.50 (+2.11%)
(As of 04/23/2024 ET)

PXT vs. NVA, IPCO, FRU, VET, PEY, ATH, HWX, AAV, BIR, and KEL

Should you be buying Parex Resources stock or one of its competitors? The main competitors of Parex Resources include NuVista Energy (NVA), International Petroleum (IPCO), Freehold Royalties (FRU), Vermilion Energy (VET), Peyto Exploration & Development (PEY), Athabasca Oil (ATH), Headwater Exploration (HWX), Advantage Energy (AAV), Birchcliff Energy (BIR), and Kelt Exploration (KEL). These companies are all part of the "oil & gas e&p" industry.

Parex Resources vs.

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

NuVista Energy received 344 more outperform votes than Parex Resources when rated by MarketBeat users. Likewise, 71.94% of users gave NuVista Energy an outperform vote while only 66.77% of users gave Parex Resources an outperform vote.

CompanyUnderperformOutperform
Parex ResourcesOutperform Votes
420
66.77%
Underperform Votes
209
33.23%
NuVista EnergyOutperform Votes
764
71.94%
Underperform Votes
298
28.06%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Parex ResourcesC$1.17B2.11C$459.31MC$5.874.08
NuVista EnergyC$1.26B2.06C$367.68MC$1.657.59

Parex Resources currently has a consensus target price of C$30.20, indicating a potential upside of 27.43%. NuVista Energy has a consensus target price of C$15.03, indicating a potential upside of 20.32%. Given Parex Resources' higher probable upside, equities research analysts clearly believe Parex Resources is more favorable than NuVista Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Parex Resources
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
NuVista Energy
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78

In the previous week, NuVista Energy had 6 more articles in the media than Parex Resources. MarketBeat recorded 7 mentions for NuVista Energy and 1 mentions for Parex Resources. NuVista Energy's average media sentiment score of 0.97 beat Parex Resources' score of 0.59 indicating that NuVista 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
NuVista Energy
2 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Parex Resources has a beta of 1.62, meaning that its share price is 62% more volatile than the S&P 500. Comparatively, NuVista Energy has a beta of 2.85, meaning that its share price is 185% more volatile than the S&P 500.

Parex Resources has a net margin of 39.26% compared to NuVista Energy's net margin of 29.12%. Parex Resources' return on equity of 25.03% beat NuVista Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Parex Resources39.26% 25.03% 13.55%
NuVista Energy 29.12%18.16%10.71%

56.8% of Parex Resources shares are held by institutional investors. Comparatively, 24.7% of NuVista Energy shares are held by institutional investors. 1.6% of Parex Resources shares are held by company insiders. Comparatively, 22.9% of NuVista Energy shares are held 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.

Summary

NuVista Energy beats Parex Resources on 10 of the 18 factors compared between the two stocks.

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$2.47BC$1.58BC$3.94BC$4.76B
Dividend Yield6.97%8.42%7.51%6.82%
P/E Ratio4.08105.35101.2025.56
Price / Sales2.1133,574.4823,870.851,393.71
Price / Cash5.5783.0066.4272.39
Price / Book1.271.301.423.02
Net IncomeC$459.31MC$136.21MC$491.44MC$283.90M
7 Day Performance1.83%0.30%-0.02%-0.20%
1 Month Performance12.98%4.74%3.63%13.62%
1 Year Performance-13.45%12.35%19.46%18.90%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVA
NuVista Energy
4.1418 of 5 stars
C$12.12
+1.6%
C$14.81
+22.2%
+8.8%C$2.52BC$1.26B7.3588Analyst Report
News Coverage
IPCO
International Petroleum
0.3823 of 5 stars
C$17.81
+1.3%
C$17.63
-1.0%
+25.7%C$2.23BC$853.91M10.24N/AUpcoming Earnings
Analyst Report
FRU
Freehold Royalties
1.1095 of 5 stars
C$14.30
-0.2%
C$17.81
+24.5%
-6.0%C$2.15BC$314.58M16.25N/ADividend Announcement
VET
Vermilion Energy
3.5582 of 5 stars
C$16.66
+0.8%
C$21.85
+31.1%
-7.4%C$2.70BC$1.83B-11.49740Analyst Report
Analyst Revision
Positive News
PEY
Peyto Exploration & Development
1.5136 of 5 stars
C$14.68
-2.7%
C$16.11
+9.8%
+21.2%C$2.84BC$945.51M9.0653Analyst Report
News Coverage
ATH
Athabasca Oil
1.1844 of 5 stars
C$5.17
+1.0%
C$6.00
+16.1%
+47.5%C$2.93BC$1.20B-57.44170Analyst Downgrade
HWX
Headwater Exploration
2.889 of 5 stars
C$7.93
flat
C$9.13
+15.1%
+21.4%C$1.88BC$425.55M12.0235
AAV
Advantage Energy
3.3784 of 5 stars
C$10.24
+1.2%
C$12.34
+20.5%
+38.3%C$1.64BC$509.42M17.3661Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
BIR
Birchcliff Energy
2.0602 of 5 stars
C$5.32
-1.1%
C$6.33
+19.0%
-30.8%C$1.43BC$699.93M133.00218
KEL
Kelt Exploration
3.6328 of 5 stars
C$6.10
+1.0%
C$8.36
+37.0%
+28.9%C$1.19BC$436.41M13.8677Analyst Report
News Coverage

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This page (TSE:PXT) was last updated on 4/23/2024 by MarketBeat.com Staff

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