Parex Resources (PXT) Competitors

C$24.24
-0.09 (-0.37%)
(As of 04/26/2024 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.

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

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

Company Net Margins Return on Equity Return on Assets
NuVista Energy29.12% 18.16% 10.71%
Parex Resources 39.26%25.03%13.55%

NuVista Energy currently has a consensus price target of C$15.03, indicating a potential upside of 17.22%. Parex Resources has a consensus price target of C$30.20, indicating a potential upside of 24.59%. Given NuVista Energy's higher possible upside, analysts plainly believe Parex Resources is more favorable than NuVista Energy.

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

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

In the previous week, NuVista Energy had 4 more articles in the media than Parex Resources. MarketBeat recorded 4 mentions for NuVista Energy and 0 mentions for Parex Resources. Parex Resources' average media sentiment score of 1.02 beat NuVista Energy's score of 0.59 indicating that NuVista Energy is being referred to more favorably in the media.

Company Overall Sentiment
NuVista Energy Positive
Parex Resources Positive

Parex Resources has lower revenue, but higher earnings 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
NuVista EnergyC$1.26B2.11C$367.68MC$1.657.77
Parex ResourcesC$1.17B2.14C$459.31MC$5.874.13

24.7% of NuVista Energy shares are owned by institutional investors. Comparatively, 56.8% of Parex Resources shares are owned by institutional investors. 22.9% of NuVista 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.

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

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$2.50BC$1.65BC$4.08BC$5.33B
Dividend Yield6.97%6.90%6.62%5.51%
P/E Ratio4.1399.8284.6324.01
Price / Sales2.1428,909.7120,871.791,540.52
Price / Cash5.5784.4367.6279.04
Price / Book1.291.361.453.15
Net IncomeC$459.31MC$139.53MC$501.00MC$297.81M
7 Day Performance2.11%1.35%1.13%1.05%
1 Month Performance13.11%4.60%3.72%15.07%
1 Year Performance-10.29%18.78%23.68%22.49%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVA
NuVista Energy
4.1924 of 5 stars
C$12.12
+1.6%
C$14.81
+22.2%
+13.5%C$2.52BC$1.26B7.3588
IPCO
International Petroleum
0.4996 of 5 stars
C$17.81
+1.3%
C$17.63
-1.0%
+36.6%C$2.23BC$853.91M10.24N/AUpcoming Earnings
FRU
Freehold Royalties
1.3549 of 5 stars
C$14.30
-0.2%
C$17.81
+24.5%
-1.4%C$2.15BC$314.58M16.25N/ANews Coverage
VET
Vermilion Energy
3.1977 of 5 stars
C$16.66
+0.8%
C$21.85
+31.1%
+0.0%C$2.70BC$1.83B-11.49740Upcoming Earnings
Analyst Report
Analyst Revision
PEY
Peyto Exploration & Development
1.283 of 5 stars
C$14.68
-2.7%
C$16.11
+9.8%
+26.5%C$2.84BC$945.51M9.0653Analyst Report
ATH
Athabasca Oil
1.0262 of 5 stars
C$5.17
+1.0%
C$6.00
+16.1%
+55.4%C$2.93BC$1.20B-57.44170Analyst Downgrade
HWX
Headwater Exploration
3.0781 of 5 stars
C$7.93
flat
C$9.13
+15.1%
+29.3%C$1.88BC$425.55M12.0235
AAV
Advantage Energy
3.3781 of 5 stars
C$10.24
+1.2%
C$12.34
+20.5%
+47.9%C$1.64BC$509.42M17.3661Earnings Report
Analyst Report
Analyst Revision
News Coverage
BIR
Birchcliff Energy
1.8172 of 5 stars
C$5.32
-1.1%
C$6.33
+19.0%
-28.8%C$1.43BC$699.93M133.00218
KEL
Kelt Exploration
3.7647 of 5 stars
C$6.10
+1.0%
C$8.36
+37.0%
+32.3%C$1.19BC$436.41M13.8677Upcoming Earnings

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This page (TSE:PXT) was last updated on 4/27/2024 by MarketBeat.com Staff

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