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Parex Resources (PXT) Competitors

Parex Resources logo
C$14.94 +0.40 (+2.75%)
(As of 11/15/2024 ET)

PXT vs. ERF, POU, BTE, PEY, ATH, NVA, VET, FRU, IPCO, and HWX

Should you be buying Parex Resources stock or one of its competitors? The main competitors of Parex Resources include Enerplus (ERF), Paramount Resources (POU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Athabasca Oil (ATH), NuVista Energy (NVA), Vermilion Energy (VET), Freehold Royalties (FRU), International Petroleum (IPCO), and Headwater Exploration (HWX). These companies are all part of the "oil & gas e&p" industry.

Parex Resources vs.

Parex Resources (TSE:PXT) and Enerplus (TSE:ERF) are both energy companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, profitability, media sentiment, dividends, risk, valuation, earnings, community ranking and institutional ownership.

Parex Resources presently has a consensus target price of C$21.86, indicating a potential upside of 46.29%. Enerplus has a consensus target price of C$24.57, indicating a potential upside of 0.00%. Given Parex Resources' higher probable upside, equities analysts plainly believe Parex Resources is more favorable than Enerplus.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Parex Resources
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Enerplus
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Parex Resources has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500. Comparatively, Enerplus has a beta of 2.64, suggesting that its share price is 164% more volatile than the S&P 500.

Enerplus received 407 more outperform votes than Parex Resources when rated by MarketBeat users. Likewise, 72.53% of users gave Enerplus an outperform vote while only 65.73% of users gave Parex Resources an outperform vote.

CompanyUnderperformOutperform
Parex ResourcesOutperform Votes
422
65.73%
Underperform Votes
220
34.27%
EnerplusOutperform Votes
829
72.53%
Underperform Votes
314
27.47%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Parex ResourcesC$1.21B1.25C$317.46MC$4.193.57
EnerplusC$1.48B0.00C$384.73MC$2.44N/A

Parex Resources has a net margin of 26.15% compared to Enerplus' net margin of 26.04%. Enerplus' return on equity of 32.27% beat Parex Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Parex Resources26.15% 17.02% 15.28%
Enerplus 26.04%32.27%15.25%

56.9% of Parex Resources shares are held by institutional investors. Comparatively, 67.9% of Enerplus shares are held by institutional investors. 1.6% of Parex Resources shares are held by insiders. Comparatively, 1.3% of Enerplus shares are held 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.

In the previous week, Parex Resources had 2 more articles in the media than Enerplus. MarketBeat recorded 2 mentions for Parex Resources and 0 mentions for Enerplus. Parex Resources' average media sentiment score of 1.03 beat Enerplus' score of 0.00 indicating that Parex Resources is being referred to more favorably in the media.

Company Overall Sentiment
Parex Resources Positive
Enerplus Neutral

Parex Resources pays an annual dividend of C$1.54 per share and has a dividend yield of 10.3%. Enerplus pays an annual dividend of C$0.36 per share. Parex Resources pays out 36.8% of its earnings in the form of a dividend. Enerplus pays out 14.8% 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.

Summary

Enerplus beats Parex Resources on 10 of the 18 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 {thisCompany.Symbol} 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$1.51BC$1.48BC$4.04BC$6.08B
Dividend Yield11.53%6.86%6.52%5.33%
P/E Ratio3.57129.18105.9826.33
Price / Sales1.2522,584.0716,344.991,427.12
Price / Cash5.5790.5071.3982.02
Price / Book0.791.391.523.06
Net IncomeC$317.46MC$108.91MC$422.36MC$291.48M
7 Day Performance6.33%-0.32%-0.61%-0.14%
1 Month Performance14.31%-0.11%-1.31%-1.45%
1 Year Performance-45.73%-3.94%2.94%42.59%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PXT
Parex Resources
4.7622 of 5 stars
C$14.94
+2.8%
C$21.86
+46.3%
-44.5%C$1.51BC$1.21B3.57449News Coverage
Positive News
ERF
Enerplus
N/AC$26.78
-3.4%
N/AN/AC$5.47BC$1.48B10.98404
POU
Paramount Resources
3.4168 of 5 stars
C$27.30
+1.3%
N/A+14.6%C$4.00BC$1.79B11.57579Dividend Announcement
Analyst Forecast
News Coverage
High Trading Volume
BTE
Baytex Energy
3.7382 of 5 stars
C$4.07
-1.9%
N/A-20.5%C$3.28BC$3.43B-5.90220
PEY
Peyto Exploration & Development
2.4386 of 5 stars
C$15.55
+2.3%
N/A+18.9%C$3.04BC$901.99M10.0353Analyst Revision
News Coverage
ATH
Athabasca Oil
2.0391 of 5 stars
C$5.08
-2.1%
N/A+30.1%C$2.76BC$1.31B33.87170
NVA
NuVista Energy
3.7589 of 5 stars
C$12.47
-0.8%
N/A+6.2%C$2.57BC$1.23B7.7588Insider Selling
News Coverage
Positive News
High Trading Volume
VET
Vermilion Energy
2.5685 of 5 stars
C$13.51
-1.5%
N/A-20.4%C$2.11BC$1.81B-2.64720
FRU
Freehold Royalties
1.4504 of 5 stars
C$13.73
-0.1%
N/A-3.9%C$2.07BC$323.04M13.73N/ANews Coverage
Positive News
IPCO
International Petroleum
2.3399 of 5 stars
C$14.88
-0.4%
N/A+6.1%C$1.79BC$881.28M7.83N/APositive News
HWX
Headwater Exploration
3.8823 of 5 stars
C$6.71
-2.0%
N/A-3.6%C$1.59BC$484.24M8.6035News Coverage
Positive News

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This page (TSE:PXT) was last updated on 11/17/2024 by MarketBeat.com Staff
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