Parex Resources (PXT) Competitors

C$23.22
+0.07 (+0.30%)
(As of 05/17/2024 ET)

PXT vs. VET, NVA, ATH, IPCO, FRU, PEY, AAV, HWX, BIR, and KEL

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

Parex Resources vs.

Vermilion Energy (TSE:VET) and Parex Resources (TSE:PXT) are both mid-cap energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, community ranking, risk, profitability, media sentiment, valuation and dividends.

Parex Resources has a net margin of 35.11% compared to Parex Resources' net margin of -34.11%. Vermilion Energy's return on equity of 22.25% beat Parex Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Vermilion Energy-34.11% -18.21% -3.81%
Parex Resources 35.11%22.25%13.38%

In the previous week, Vermilion Energy had 10 more articles in the media than Parex Resources. MarketBeat recorded 10 mentions for Vermilion Energy and 0 mentions for Parex Resources. Parex Resources' average media sentiment score of 0.94 beat Vermilion Energy's score of 0.00 indicating that Vermilion Energy is being referred to more favorably in the media.

Company Overall Sentiment
Vermilion Energy Positive
Parex Resources Neutral

Vermilion Energy presently has a consensus price target of C$21.71, suggesting a potential upside of 29.52%. Parex Resources has a consensus price target of C$30.20, suggesting a potential upside of 30.06%. Given Vermilion Energy's higher probable upside, analysts plainly believe Parex Resources is more favorable than Vermilion Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vermilion Energy
0 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.75
Parex Resources
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Vermilion Energy received 196 more outperform votes than Parex Resources when rated by MarketBeat users. However, 66.77% of users gave Parex Resources an outperform vote while only 57.25% of users gave Vermilion Energy an outperform vote.

CompanyUnderperformOutperform
Vermilion EnergyOutperform Votes
616
57.25%
Underperform Votes
460
42.75%
Parex ResourcesOutperform Votes
420
66.77%
Underperform Votes
209
33.23%

Vermilion Energy pays an annual dividend of C$0.48 per share and has a dividend yield of 2.9%. Parex Resources pays an annual dividend of C$1.54 per share and has a dividend yield of 6.6%. Vermilion Energy pays out -12.7% of its earnings in the form of a dividend. Parex Resources pays out 28.5% 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.

37.7% of Vermilion Energy shares are owned by institutional investors. Comparatively, 52.9% of Parex Resources shares are owned by institutional investors. 0.2% of Vermilion Energy shares are owned by company insiders. Comparatively, 1.6% of Parex Resources shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vermilion EnergyC$1.80B1.49-C$615.61M-C$3.78-4.43
Parex ResourcesC$1.18B2.01C$415.03MC$5.414.29

Vermilion Energy has a beta of 2.73, indicating that its stock price is 173% more volatile than the S&P 500. Comparatively, Parex Resources has a beta of 1.56, indicating that its stock price is 56% more volatile than the S&P 500.

Summary

Parex Resources beats Vermilion Energy on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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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$2.37BC$1.66BC$4.11BC$5.48B
Dividend Yield6.39%7.84%7.12%5.53%
P/E Ratio4.29280.18206.0123.40
Price / Sales2.0128,157.7820,307.072,193.02
Price / Cash5.5785.5768.2279.97
Price / Book1.211.711.733.22
Net IncomeC$415.03MC$130.15MC$442.32MC$291.35M
7 Day Performance-3.65%0.21%0.42%1.54%
1 Month Performance-2.19%0.83%1.31%3.93%
1 Year Performance-17.25%11.18%20.90%26.53%

Parex Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VET
Vermilion Energy
3.3456 of 5 stars
C$16.45
+0.6%
C$21.54
+31.0%
+4.8%C$2.65BC$1.83B-11.34740Analyst Forecast
Insider Selling
News Coverage
NVA
NuVista Energy
3.9049 of 5 stars
C$12.94
+0.1%
C$15.03
+16.1%
+12.5%C$2.69BC$1.26B7.8488Insider Selling
News Coverage
ATH
Athabasca Oil
3.3284 of 5 stars
C$4.81
flat
C$6.07
+26.2%
+68.2%C$2.73BC$1.20B-53.44170
IPCO
International Petroleum
0 of 5 stars
C$17.28
-0.5%
C$18.25
+5.6%
+53.2%C$2.17BC$853.91M9.93N/A
FRU
Freehold Royalties
3.2842 of 5 stars
C$14.05
-0.6%
C$17.75
+26.3%
-4.8%C$2.12BC$314.58M15.97N/AInsider Buying
News Coverage
PEY
Peyto Exploration & Development
1.6172 of 5 stars
C$15.31
+0.5%
C$16.27
+6.3%
+37.4%C$2.97BC$945.51M9.4553Upcoming Earnings
Analyst Forecast
News Coverage
AAV
Advantage Energy
3.5601 of 5 stars
C$11.09
+1.3%
C$12.73
+14.8%
+41.1%C$1.77BC$509.42M18.8061Positive News
HWX
Headwater Exploration
3.928 of 5 stars
C$7.37
flat
C$9.32
+26.5%
+22.2%C$1.74BC$425.55M11.1735Positive News
BIR
Birchcliff Energy
0.9574 of 5 stars
C$5.84
+0.2%
C$6.36
+8.9%
-24.4%C$1.57BC$699.93M146.00218Dividend Announcement
Analyst Forecast
News Coverage
KEL
Kelt Exploration
3.5398 of 5 stars
C$6.12
flat
C$8.64
+41.2%
+7.2%C$1.19BC$436.41M13.9177

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This page (TSE:PXT) was last updated on 5/19/2024 by MarketBeat.com Staff

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