MEG vs. TOU, OVV, ARX, SCR, CPG, PSK, WCP, ERF, POU, and BTE
Should you be buying MEG Energy stock or one of its competitors? The main competitors of MEG Energy include Tourmaline Oil (TOU), Ovintiv (OVV), ARC Resources (ARX), Strathcona Resources (SCR), Crescent Point Energy (CPG), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), and Baytex Energy (BTE). These companies are all part of the "oil & gas e&p" industry.
Tourmaline Oil (TSE:TOU) and MEG Energy (TSE:MEG) are both energy companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, profitability, earnings, community ranking, media sentiment, risk, analyst recommendations, institutional ownership and dividends.
53.4% of Tourmaline Oil shares are owned by institutional investors. Comparatively, 41.4% of MEG Energy shares are owned by institutional investors. 5.4% of Tourmaline Oil shares are owned by insiders. Comparatively, 0.3% of MEG Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Tourmaline Oil currently has a consensus target price of C$78.38, indicating a potential upside of 15.92%. MEG Energy has a consensus target price of C$32.67, indicating a potential upside of 10.40%. Given MEG Energy's stronger consensus rating and higher possible upside, equities research analysts clearly believe Tourmaline Oil is more favorable than MEG Energy.
Tourmaline Oil received 407 more outperform votes than MEG Energy when rated by MarketBeat users. Likewise, 71.64% of users gave Tourmaline Oil an outperform vote while only 56.87% of users gave MEG Energy an outperform vote.
In the previous week, Tourmaline Oil had 2 more articles in the media than MEG Energy. MarketBeat recorded 6 mentions for Tourmaline Oil and 4 mentions for MEG Energy. MEG Energy's average media sentiment score of 1.24 beat Tourmaline Oil's score of 0.66 indicating that Tourmaline Oil is being referred to more favorably in the media.
Tourmaline Oil has a net margin of 35.78% compared to Tourmaline Oil's net margin of 10.58%. Tourmaline Oil's return on equity of 13.20% beat MEG Energy's return on equity.
Tourmaline Oil has a beta of 1.39, indicating that its stock price is 39% more volatile than the S&P 500. Comparatively, MEG Energy has a beta of 3.12, indicating that its stock price is 212% more volatile than the S&P 500.
Tourmaline Oil has higher earnings, but lower revenue than MEG Energy. Tourmaline Oil is trading at a lower price-to-earnings ratio than MEG Energy, indicating that it is currently the more affordable of the two stocks.
Summary
Tourmaline Oil beats MEG Energy on 14 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MEG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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