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Permian Resources (PR) Competitors

$13.51
+0.45 (+3.45%)
(As of 09/27/2024 ET)

PR vs. CVE, PBA, EC, CTRA, CHK, OVV, AR, BP, SUN, and HESM

Should you be buying Permian Resources stock or one of its competitors? The main competitors of Permian Resources include Cenovus Energy (CVE), Pembina Pipeline (PBA), Ecopetrol (EC), Coterra Energy (CTRA), Chesapeake Energy (CHK), Ovintiv (OVV), Antero Resources (AR), BP (BP), Sunoco (SUN), and Hess Midstream (HESM). These companies are all part of the "petroleum and natural gas" industry.

Permian Resources vs.

Permian Resources (NYSE:PR) and Cenovus Energy (NYSE:CVE) are both large-cap energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, risk, valuation, profitability, community ranking, analyst recommendations, dividends, earnings and institutional ownership.

Permian Resources currently has a consensus target price of $19.50, indicating a potential upside of 44.34%. Cenovus Energy has a consensus target price of $30.67, indicating a potential upside of 84.29%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Permian Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Permian Resources
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.93
Cenovus Energy
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

91.8% of Permian Resources shares are held by institutional investors. Comparatively, 51.2% of Cenovus Energy shares are held by institutional investors. 12.8% of Permian Resources shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Permian Resources has a beta of 4.33, suggesting that its stock price is 333% more volatile than the S&P 500. Comparatively, Cenovus Energy has a beta of 2.05, suggesting that its stock price is 105% more volatile than the S&P 500.

Cenovus Energy received 589 more outperform votes than Permian Resources when rated by MarketBeat users. Likewise, 60.51% of users gave Cenovus Energy an outperform vote while only 59.55% of users gave Permian Resources an outperform vote.

CompanyUnderperformOutperform
Permian ResourcesOutperform Votes
53
59.55%
Underperform Votes
36
40.45%
Cenovus EnergyOutperform Votes
642
60.51%
Underperform Votes
419
39.49%

Permian Resources has a net margin of 15.62% compared to Cenovus Energy's net margin of 8.56%. Cenovus Energy's return on equity of 16.61% beat Permian Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Permian Resources15.62% 11.91% 7.45%
Cenovus Energy 8.56%16.61%8.73%

Permian Resources pays an annual dividend of $0.24 per share and has a dividend yield of 1.8%. Cenovus Energy pays an annual dividend of $0.53 per share and has a dividend yield of 3.2%. Permian Resources pays out 21.8% of its earnings in the form of a dividend. Cenovus Energy pays out 29.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Permian Resources had 5 more articles in the media than Cenovus Energy. MarketBeat recorded 16 mentions for Permian Resources and 11 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 1.22 beat Permian Resources' score of 0.64 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Permian Resources
9 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
9 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Permian Resources$3.12B3.47$476.31M$1.1012.28
Cenovus Energy$59.64B0.52$3.04B$1.809.24

Summary

Cenovus Energy beats Permian Resources on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PR 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 NYSE 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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PR vs. The Competition

MetricPermian ResourcesOil & Gas E&P IndustryEnergy SectorNYSE Exchange
Market Cap$10.84B$1.35B$3.75B$19.34B
Dividend Yield1.70%8.03%7.07%3.48%
P/E Ratio12.28129.35107.4427.00
Price / Sales3.4729,349.2820,968.2214.80
Price / Cash6.2179.2564.6120.67
Price / Book1.131.261.455.19
Net Income$476.31M$103.33M$414.98M$984.44M
7 Day Performance-2.81%-0.58%0.53%1.90%
1 Month Performance-4.93%-5.70%-3.29%4.43%
1 Year Performance-3.98%-10.17%-0.69%24.17%

Permian Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PR
Permian Resources
4.998 of 5 stars
$13.51
+3.4%
$19.50
+44.3%
-3.6%$10.84B$3.12B12.28461News Coverage
CVE
Cenovus Energy
4.7014 of 5 stars
$16.44
+0.9%
$30.67
+86.5%
-20.7%$30.51B$38.67B9.136,925Short Interest ↑
News Coverage
Positive News
PBA
Pembina Pipeline
3.6265 of 5 stars
$41.17
+0.1%
$56.50
+37.3%
+37.1%$23.87B$9.48B17.902,837Short Interest ↑
EC
Ecopetrol
1.8929 of 5 stars
$8.93
+1.9%
$8.83
-1.1%
-21.8%$18.36B$133.96T3.8819,657Analyst Forecast
CTRA
Coterra Energy
4.9032 of 5 stars
$23.39
+1.4%
$32.59
+39.3%
-12.5%$17.29B$5.91B13.52980Short Interest ↑
CHK
Chesapeake Energy
4.0915 of 5 stars
$82.33
+2.5%
$102.18
+24.1%
-3.5%$10.81B$8.72B11.101,200Analyst Forecast
Short Interest ↑
News Coverage
OVV
Ovintiv
4.8471 of 5 stars
$38.08
+2.9%
$59.83
+57.1%
-21.5%$10.04B$10.88B5.321,743Short Interest ↓
News Coverage
AR
Antero Resources
4.2941 of 5 stars
$28.42
+2.6%
$33.13
+16.6%
+15.3%$8.83B$4.15B142.10590Options Volume
Analyst Revision
BP
BP
4.7128 of 5 stars
$31.00
+0.7%
$44.23
+42.7%
-20.4%$8.53B$213.03B9.7287,800Analyst Downgrade
Short Interest ↑
Analyst Revision
SUN
Sunoco
2.6396 of 5 stars
$52.84
-0.5%
$62.14
+17.6%
+12.3%$8.05B$23.07B11.772,389
HESM
Hess Midstream
2.6957 of 5 stars
$34.98
+0.0%
$37.20
+6.3%
+18.7%$7.82B$1.44B15.83200Short Interest ↑
News Coverage

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This page (NYSE:PR) was last updated on 9/28/2024 by MarketBeat.com Staff
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