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Parex Resources (PXT) Competitors

Parex Resources logo
C$13.52 -0.05 (-0.37%)
(As of 12/17/2024 ET)

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

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

Parex Resources vs.

Paramount Resources (TSE:POU) 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 valuation, dividends, community ranking, institutional ownership, profitability, earnings, media sentiment, analyst recommendations and risk.

Paramount Resources pays an annual dividend of C$1.80 per share and has a dividend yield of 6.0%. Parex Resources pays an annual dividend of C$1.54 per share and has a dividend yield of 11.4%. Paramount Resources pays out 76.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Parex Resources pays out 36.8% of its earnings in the form of a dividend. Parex Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paramount ResourcesC$1.79B2.45C$351.80MC$2.3612.65
Parex ResourcesC$1.21B1.13C$317.46MC$4.193.23

In the previous week, Paramount Resources had 2 more articles in the media than Parex Resources. MarketBeat recorded 6 mentions for Paramount Resources and 4 mentions for Parex Resources. Parex Resources' average media sentiment score of 0.96 beat Paramount Resources' score of 0.51 indicating that Parex Resources is being referred to more favorably in the news media.

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

Parex Resources received 19 more outperform votes than Paramount Resources when rated by MarketBeat users. Likewise, 65.73% of users gave Parex Resources an outperform vote while only 52.00% of users gave Paramount Resources an outperform vote.

CompanyUnderperformOutperform
Paramount ResourcesOutperform Votes
403
52.00%
Underperform Votes
372
48.00%
Parex ResourcesOutperform Votes
422
65.73%
Underperform Votes
220
34.27%

Parex Resources has a net margin of 26.15% compared to Paramount Resources' net margin of 19.66%. Parex Resources' return on equity of 17.02% beat Paramount Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Paramount Resources19.66% 10.03% 5.97%
Parex Resources 26.15%17.02%15.28%

Paramount Resources has a beta of 3.04, indicating that its share price is 204% 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.

Paramount Resources currently has a consensus target price of C$38.40, suggesting a potential upside of 28.60%. Parex Resources has a consensus target price of C$21.86, suggesting a potential upside of 61.65%. Given Parex Resources' higher possible upside, analysts clearly believe Parex Resources is more favorable than Paramount Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paramount Resources
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.90
Parex Resources
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

9.1% of Paramount Resources shares are owned by institutional investors. Comparatively, 56.9% of Parex Resources shares are owned by institutional investors. 45.4% of Paramount 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, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Parex Resources beats Paramount Resources on 11 of the 21 factors compared between the two stocks.

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$1.37BC$1.24BC$3.63BC$5.48B
Dividend Yield11.53%7.90%7.32%5.72%
P/E Ratio3.2392.2682.4427.77
Price / Sales1.1320,650.1615,261.721,229.62
Price / Cash5.5787.0568.4476.84
Price / Book0.711.391.473.79
Net IncomeC$317.46MC$94.15MC$400.37MC$291.93M
7 Day Performance2.04%-1.17%-1.81%-2.11%
1 Month Performance-10.52%-1.68%-1.68%1.92%
1 Year Performance-43.62%23.81%17.19%35.92%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PXT
Parex Resources
4.51 of 5 stars
C$13.52
-0.4%
C$21.86
+61.7%
-43.8%C$1.37BC$1.21B3.23449
POU
Paramount Resources
4.2148 of 5 stars
C$29.77
-1.9%
C$37.60
+26.3%
+15.2%C$4.37BC$1.79B12.65579Dividend Announcement
Analyst Forecast
PEY
Peyto Exploration & Development
2.6379 of 5 stars
C$15.86
-2.0%
C$17.70
+11.6%
+31.0%C$3.10BC$901.99M10.4553
NVA
NuVista Energy
3.738 of 5 stars
C$13.49
+0.4%
C$16.08
+19.2%
+24.6%C$2.78BC$1.23B8.3588Analyst Forecast
Positive News
BTE
Baytex Energy
3.5895 of 5 stars
C$3.41
-4.5%
C$5.97
+75.0%
-23.4%C$2.74BC$3.43B-5.03220Dividend Announcement
Positive News
ATH
Athabasca Oil
2.4983 of 5 stars
C$4.95
-0.4%
C$6.25
+26.3%
+27.7%C$2.69BC$1.31B33.13170
VET
Vermilion Energy
1.4469 of 5 stars
C$12.94
-3.6%
C$19.36
+49.6%
-20.4%C$2.02BC$1.81B-2.63720
FRU
Freehold Royalties
2.6801 of 5 stars
C$12.95
-0.8%
C$17.28
+33.4%
-5.1%C$1.95BC$323.04M12.95N/AAnalyst Forecast
News Coverage
IPCO
International Petroleum
N/AC$15.93
-0.7%
C$21.00
+31.8%
+7.0%C$1.92BC$881.28M8.45N/A
HWX
Headwater Exploration
3.8886 of 5 stars
C$6.58
-1.8%
C$9.46
+43.7%
+1.1%C$1.56BC$484.24M8.5935
AAV
Advantage Energy
3.7245 of 5 stars
C$8.65
-1.9%
C$13.21
+52.7%
+5.9%C$1.44BC$501.15M18.7783

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This page (TSE:PXT) was last updated on 12/18/2024 by MarketBeat.com Staff
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