ARX vs. OVV, MEG, SCR, CPG, TOU, WCP, PSK, ERF, POU, and BTE
Should you be buying ARC Resources stock or one of its competitors? The main competitors of ARC Resources include Ovintiv (OVV), MEG Energy (MEG), Strathcona Resources (SCR), Crescent Point Energy (CPG), Tourmaline Oil (TOU), Whitecap Resources (WCP), PrairieSky Royalty (PSK), Enerplus (ERF), Paramount Resources (POU), and Baytex Energy (BTE). These companies are all part of the "oil & gas e&p" industry.
ARC Resources (TSE:ARX) and Ovintiv (TSE:OVV) are both large-cap energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, media sentiment, profitability, analyst recommendations, community ranking and risk.
ARC Resources has a net margin of 22.74% compared to Ovintiv's net margin of 18.52%. Ovintiv's return on equity of 21.33% beat ARC Resources' return on equity.
36.6% of ARC Resources shares are held by institutional investors. Comparatively, 81.5% of Ovintiv shares are held by institutional investors. 0.4% of ARC Resources shares are held by insiders. Comparatively, 0.5% of Ovintiv shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
ARC Resources received 585 more outperform votes than Ovintiv when rated by MarketBeat users. Likewise, 65.85% of users gave ARC Resources an outperform vote while only 58.06% of users gave Ovintiv an outperform vote.
ARC Resources pays an annual dividend of C$0.68 per share and has a dividend yield of 2.7%. Ovintiv pays an annual dividend of C$1.64 per share and has a dividend yield of 2.4%. ARC Resources pays out 34.2% of its earnings in the form of a dividend. Ovintiv pays out 16.7% 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 has higher revenue and earnings than ARC Resources. Ovintiv is trading at a lower price-to-earnings ratio than ARC Resources, indicating that it is currently the more affordable of the two stocks.
ARC Resources has a beta of 1.32, meaning that its stock price is 32% more volatile than the S&P 500. Comparatively, Ovintiv has a beta of 2.67, meaning that its stock price is 167% more volatile than the S&P 500.
In the previous week, Ovintiv had 7 more articles in the media than ARC Resources. MarketBeat recorded 12 mentions for Ovintiv and 5 mentions for ARC Resources. ARC Resources' average media sentiment score of 0.46 beat Ovintiv's score of 0.32 indicating that ARC Resources is being referred to more favorably in the media.
ARC Resources presently has a consensus price target of C$29.85, indicating a potential upside of 16.54%. Ovintiv has a consensus price target of C$58.50, indicating a potential downside of 14.56%. Given ARC Resources' stronger consensus rating and higher probable upside, analysts clearly believe ARC Resources is more favorable than Ovintiv.
Summary
ARC Resources and Ovintiv tied by winning 10 of the 20 factors compared between the two stocks.
Get ARC Resources News Delivered to You Automatically
Sign up to receive the latest news and ratings for ARX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ARX 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.
ARC Resources Competitors List
Related Companies and Tools
