PXT vs. MEG, CPG, SCR, PSK, WCP, ERF, POU, BTE, PEY, and ATH
Should you be buying Parex Resources stock or one of its competitors? The main competitors of Parex Resources include MEG Energy (MEG), Crescent Point Energy (CPG), Strathcona Resources (SCR), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), and Athabasca Oil (ATH). 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 compare the two businesses based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, valuation, risk, media sentiment and community ranking.
Parex Resources has a beta of 1.56, meaning that its stock price is 56% more volatile than the S&P 500. Comparatively, MEG Energy has a beta of 3.12, meaning that its stock price is 212% more volatile than the S&P 500.
In the previous week, Parex Resources had 2 more articles in the media than MEG Energy. MarketBeat recorded 2 mentions for Parex Resources and 0 mentions for MEG Energy. Parex Resources' average media sentiment score of 1.00 beat MEG Energy's score of 0.00 indicating that Parex Resources is being referred to more favorably in the media.
Parex Resources currently has a consensus target price of C$30.20, suggesting a potential upside of 36.28%. MEG Energy has a consensus target price of C$32.67, suggesting a potential upside of 14.30%. Given Parex Resources' stronger consensus rating and higher possible upside, research analysts plainly believe Parex Resources is more favorable than MEG Energy.
Parex Resources received 6 more outperform votes than MEG Energy when rated by MarketBeat users. Likewise, 66.77% of users gave Parex Resources an outperform vote while only 56.87% of users gave MEG Energy an outperform vote.
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.
52.3% of Parex Resources shares are held by institutional investors. Comparatively, 41.4% of MEG Energy shares are held by institutional investors. 1.5% of Parex Resources shares are held by company insiders. Comparatively, 0.3% of MEG Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
Parex Resources beats MEG Energy on 13 of the 18 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.
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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