Free Trial

Parex Resources (PXT) Competitors

Parex Resources logo
C$14.62 -0.18 (-1.22%)
As of 04:00 PM Eastern

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

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

Parex Resources vs.

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

Whitecap Resources pays an annual dividend of C$0.73 per share and has a dividend yield of 7.3%. Parex Resources pays an annual dividend of C$1.54 per share and has a dividend yield of 10.5%. Whitecap Resources pays out 58.4% of its earnings in the form of a dividend. Parex Resources pays out 36.8% 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. Parex Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

Whitecap Resources has a beta of 2.67, indicating that its share price is 167% more volatile than the S&P 500. Comparatively, Parex Resources has a beta of 1.43, indicating that its share price is 43% more volatile than the S&P 500.

Whitecap Resources currently has a consensus price target of C$13.61, indicating a potential upside of 36.55%. Parex Resources has a consensus price target of C$21.44, indicating a potential upside of 46.63%. Given Parex Resources' higher possible upside, analysts clearly believe Parex Resources is more favorable than Whitecap Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Whitecap Resources
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88
Parex Resources
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

23.8% of Whitecap Resources shares are owned by institutional investors. Comparatively, 56.9% of Parex Resources shares are owned by institutional investors. 0.8% of Whitecap Resources shares are owned by insiders. Comparatively, 1.6% of Parex Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, Whitecap Resources had 1 more articles in the media than Parex Resources. MarketBeat recorded 4 mentions for Whitecap Resources and 3 mentions for Parex Resources. Parex Resources' average media sentiment score of 1.14 beat Whitecap Resources' score of 0.54 indicating that Parex Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Whitecap Resources
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Parex Resources
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Parex Resources has a net margin of 26.15% compared to Whitecap Resources' net margin of 22.43%. Parex Resources' return on equity of 17.02% beat Whitecap Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Whitecap Resources22.43% 13.89% 6.86%
Parex Resources 26.15%17.02%15.28%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Whitecap ResourcesC$3.37B1.77C$755.30MC$1.257.98
Parex ResourcesC$1.21B1.22C$317.46MC$4.193.49

Whitecap Resources received 595 more outperform votes than Parex Resources when rated by MarketBeat users. Likewise, 78.59% of users gave Whitecap Resources an outperform vote while only 65.63% of users gave Parex Resources an outperform vote.

CompanyUnderperformOutperform
Whitecap ResourcesOutperform Votes
1017
78.59%
Underperform Votes
277
21.41%
Parex ResourcesOutperform Votes
422
65.63%
Underperform Votes
221
34.37%

Summary

Whitecap Resources and Parex Resources tied by winning 10 of the 20 factors compared between the two stocks.

Get Parex Resources News Delivered to You Automatically

Sign up to receive the latest news and ratings for PXT and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

PXT vs. The Competition

MetricParex ResourcesOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$1.48BC$1.39BC$4.14BC$6.16B
Dividend Yield11.53%8.12%7.23%5.38%
P/E Ratio3.49128.28100.3325.91
Price / Sales1.2221,879.9815,715.291,272.47
Price / Cash5.5792.2272.5882.72
Price / Book0.771.461.553.19
Net IncomeC$317.46MC$100.23MC$425.27MC$295.15M
7 Day Performance-4.63%-0.15%0.50%0.74%
1 Month Performance8.14%10.13%6.23%1.17%
1 Year Performance-34.14%44.99%26.72%38.61%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PXT
Parex Resources
4.3855 of 5 stars
C$14.62
-1.2%
C$21.44
+46.6%
-31.8%C$1.48BC$1.21B3.49449Analyst Forecast
Positive News
WCP
Whitecap Resources
3.711 of 5 stars
C$10.21
-3.3%
C$13.61
+33.3%
+14.8%C$6.12BC$3.37B8.17542Dividend Announcement
ERF
Enerplus
3.3855 of 5 stars
N/AC$24.09
+∞
N/AC$5.47BC$1.48B10.98404
POU
Paramount Resources
4.3813 of 5 stars
C$31.19
-1.3%
C$38.20
+22.5%
+17.2%C$4.58BC$1.79B13.22579Dividend Announcement
Analyst Forecast
PEY
Peyto Exploration & Development
1.7071 of 5 stars
C$16.92
-1.5%
C$17.70
+4.6%
+24.9%C$3.31BC$901.99M10.9253Analyst Forecast
Insider Trade
News Coverage
BTE
Baytex Energy
3.2908 of 5 stars
C$3.90
-0.5%
C$5.97
+53.0%
-8.0%C$3.14BC$3.43B-5.65220Analyst Forecast
News Coverage
ATH
Athabasca Oil
1.8657 of 5 stars
C$5.37
-4.1%
C$6.25
+16.4%
+17.1%C$2.92BC$1.31B35.80170Analyst Forecast
NVA
NuVista Energy
4.2445 of 5 stars
C$13.87
-1.1%
C$16.64
+20.0%
+19.0%C$2.86BC$1.23B8.6188Analyst Forecast
VET
Vermilion Energy
3.1787 of 5 stars
C$14.66
-0.3%
C$18.77
+28.1%
-1.3%C$2.29BC$1.81B-2.87720Positive News
IPCO
International Petroleum
1.2303 of 5 stars
C$18.38
-2.2%
C$21.00
+14.3%
+28.1%C$2.21BC$881.28M9.67N/AAnalyst Forecast
News Coverage
FRU
Freehold Royalties
2.5207 of 5 stars
C$13.24
-1.2%
C$17.06
+28.9%
-5.5%C$2.00BC$323.04M13.24N/ADividend Announcement

Related Companies and Tools


This page (TSE:PXT) was last updated on 1/17/2025 by MarketBeat.com Staff
From Our Partners