TOU vs. OVV, ARX, CPG, PSK, MEG, SCR, WCP, ERF, POU, and BTE
Should you be buying Tourmaline Oil stock or one of its competitors? The main competitors of Tourmaline Oil include Ovintiv (OVV), ARC Resources (ARX), Crescent Point Energy (CPG), PrairieSky Royalty (PSK), MEG Energy (MEG), Strathcona Resources (SCR), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), and Baytex Energy (BTE). These companies are all part of the "oil & gas e&p" industry.
Tourmaline Oil vs.
Ovintiv (TSE:OVV) and Tourmaline Oil (TSE:TOU) are both large-cap energy companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, earnings, risk, community ranking, dividends, media sentiment, institutional ownership, analyst recommendations and profitability.
In the previous week, Ovintiv had 12 more articles in the media than Tourmaline Oil. MarketBeat recorded 15 mentions for Ovintiv and 3 mentions for Tourmaline Oil. Tourmaline Oil's average media sentiment score of 0.91 beat Ovintiv's score of 0.47 indicating that Tourmaline Oil is being referred to more favorably in the news media.
Tourmaline Oil has a net margin of 30.75% compared to Ovintiv's net margin of 18.84%. Ovintiv's return on equity of 19.75% beat Tourmaline Oil's return on equity.
Ovintiv pays an annual dividend of C$1.62 per share and has a dividend yield of 2.5%. Tourmaline Oil pays an annual dividend of C$1.40 per share and has a dividend yield of 2.1%. Ovintiv pays out 16.6% of its earnings in the form of a dividend. Tourmaline Oil pays out 33.2% 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. Ovintiv is clearly the better dividend stock, given its higher yield and lower payout ratio.
83.2% of Ovintiv shares are owned by institutional investors. Comparatively, 47.4% of Tourmaline Oil shares are owned by institutional investors. 0.5% of Ovintiv shares are owned by insiders. Comparatively, 5.1% of Tourmaline Oil shares are owned 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.
Tourmaline Oil received 789 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 71.59% of users gave Tourmaline Oil an outperform vote while only 60.61% of users gave Ovintiv an outperform vote.
Ovintiv has a beta of 2.63, suggesting that its stock price is 163% more volatile than the S&P 500. Comparatively, Tourmaline Oil has a beta of 1.3, suggesting that its stock price is 30% more volatile than the S&P 500.
Ovintiv currently has a consensus target price of C$58.50, indicating a potential downside of 8.47%. Tourmaline Oil has a consensus target price of C$78.41, indicating a potential upside of 19.75%. Given Tourmaline Oil's higher probable upside, analysts clearly believe Tourmaline Oil is more favorable than Ovintiv.
Ovintiv has higher revenue and earnings than Tourmaline Oil. Ovintiv is trading at a lower price-to-earnings ratio than Tourmaline Oil, indicating that it is currently the more affordable of the two stocks.
Summary
Ovintiv beats Tourmaline Oil on 12 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 {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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This page (TSE:TOU) was last updated on 11/21/2024 by MarketBeat.com Staff
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