PXT vs. NVA, VET, IPCO, FRU, ATH, PEY, HWX, AAV, BIR, and KEL
Should you be buying Parex Resources stock or one of its competitors? The main competitors of Parex Resources include NuVista Energy (NVA), Vermilion Energy (VET), International Petroleum (IPCO), Freehold Royalties (FRU), Athabasca Oil (ATH), Peyto Exploration & Development (PEY), Headwater Exploration (HWX), Advantage Energy (AAV), Birchcliff Energy (BIR), and Kelt Exploration (KEL). These companies are all part of the "oil & gas e&p" industry.
Parex Resources (TSE:PXT) and NuVista Energy (TSE:NVA) are both mid-cap energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, risk, institutional ownership, profitability, earnings, media sentiment, dividends and valuation.
Parex Resources has a net margin of 39.26% compared to NuVista Energy's net margin of 29.12%. Parex Resources' return on equity of 25.03% beat NuVista Energy's return on equity.
Parex Resources has a beta of 1.62, suggesting that its stock price is 62% more volatile than the S&P 500. Comparatively, NuVista Energy has a beta of 2.85, suggesting that its stock price is 185% more volatile than the S&P 500.
56.8% of Parex Resources shares are owned by institutional investors. Comparatively, 24.7% of NuVista Energy shares are owned by institutional investors. 1.6% of Parex Resources shares are owned by company insiders. Comparatively, 22.9% of NuVista Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Parex Resources presently has a consensus target price of C$30.20, suggesting a potential upside of 25.83%. NuVista Energy has a consensus target price of C$15.03, suggesting a potential upside of 20.80%. Given Parex Resources' higher probable upside, analysts plainly believe Parex Resources is more favorable than NuVista Energy.
Parex Resources has higher earnings, but lower revenue than NuVista Energy. Parex Resources is trading at a lower price-to-earnings ratio than NuVista Energy, indicating that it is currently the more affordable of the two stocks.
NuVista Energy received 344 more outperform votes than Parex Resources when rated by MarketBeat users. Likewise, 71.94% of users gave NuVista Energy an outperform vote while only 66.77% of users gave Parex Resources an outperform vote.
In the previous week, Parex Resources and Parex Resources both had 1 articles in the media. Parex Resources' average media sentiment score of 1.05 beat NuVista Energy's score of 0.72 indicating that Parex Resources is being referred to more favorably in the media.
Summary
Parex Resources beats NuVista Energy on 9 of the 17 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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