PXT vs. MEG, SCR, CPG, PSK, WCP, ERF, POU, BTE, ATH, and PEY
Should you be buying Parex Resources stock or one of its competitors? The main competitors of Parex Resources include MEG Energy (MEG), Strathcona Resources (SCR), Crescent Point Energy (CPG), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), Baytex Energy (BTE), Athabasca Oil (ATH), and Peyto Exploration & Development (PEY). These companies are all part of the "oil & gas e&p" industry.
Parex Resources (TSE:PXT) and MEG Energy (TSE:MEG) are both mid-cap energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, profitability, dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation and risk.
Parex Resources presently has a consensus price target of C$30.20, suggesting a potential upside of 45.82%. MEG Energy has a consensus price target of C$33.08, suggesting a potential upside of 18.54%. Given Parex Resources' stronger consensus rating and higher possible upside, equities analysts clearly believe Parex Resources is more favorable than MEG Energy.
52.3% of Parex Resources shares are owned by institutional investors. Comparatively, 41.4% of MEG Energy shares are owned by institutional investors. 1.5% 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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
In the previous week, MEG Energy had 4 more articles in the media than Parex Resources. MarketBeat recorded 7 mentions for MEG Energy and 3 mentions for Parex Resources. MEG Energy's average media sentiment score of 0.90 beat Parex Resources' score of -0.25 indicating that MEG Energy is being referred to more favorably in the news media.
Parex Resources received 5 more outperform votes than MEG Energy when rated by MarketBeat users. Likewise, 66.77% of users gave Parex Resources an outperform vote while only 56.77% of users gave MEG Energy an outperform vote.
Parex Resources has a beta of 1.56, meaning that its share price is 56% more volatile than the S&P 500. Comparatively, MEG Energy has a beta of 3.12, meaning that its share price is 212% more volatile than the S&P 500.
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.
Parex Resources has a net margin of 35.11% compared to MEG Energy's net margin of 10.58%. Parex Resources' return on equity of 22.25% beat MEG Energy's return on equity.
Summary
Parex Resources beats MEG Energy on 11 of the 19 factors compared between the two stocks.
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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.
Skip ChartThis 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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