PXT vs. MEG, SCR, CPG, 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), Strathcona Resources (SCR), Crescent Point Energy (CPG), 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.
MEG Energy (TSE:MEG) and Parex Resources (TSE:PXT) are both mid-cap energy companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, dividends, risk, analyst recommendations, profitability, community ranking, valuation and earnings.
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.
41.4% of MEG Energy shares are held by institutional investors. Comparatively, 52.3% of Parex Resources shares are held by institutional investors. 0.3% of MEG Energy shares are held by company insiders. Comparatively, 1.5% of Parex Resources 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.
Parex Resources has a net margin of 35.11% compared to Parex Resources' net margin of 10.58%. MEG Energy's return on equity of 22.25% beat Parex Resources' return on equity.
MEG Energy currently has a consensus price target of C$32.67, suggesting a potential upside of 10.40%. Parex Resources has a consensus price target of C$30.20, suggesting a potential upside of 35.00%. Given MEG Energy's stronger consensus rating and higher probable upside, analysts plainly believe Parex Resources is more favorable than MEG Energy.
MEG Energy has a beta of 3.12, meaning that its share price is 212% more volatile than the S&P 500. Comparatively, Parex Resources has a beta of 1.56, meaning that its share price is 56% more volatile than the S&P 500.
In the previous week, MEG Energy had 3 more articles in the media than Parex Resources. MarketBeat recorded 4 mentions for MEG Energy and 1 mentions for Parex Resources. Parex Resources' average media sentiment score of 0.67 beat MEG Energy's score of 0.00 indicating that MEG Energy is being referred to more favorably in the media.
Summary
Parex Resources beats MEG Energy on 11 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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