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Paramount Resources (POU) Competitors

C$32.79
+0.65 (+2.02%)
(As of 05/31/2024 ET)

POU vs. OVV, ARX, MEG, SCR, CPG, WCP, PSK, ERF, BTE, and PEY

Should you be buying Paramount Resources stock or one of its competitors? The main competitors of Paramount Resources include Ovintiv (OVV), ARC Resources (ARX), MEG Energy (MEG), Strathcona Resources (SCR), Crescent Point Energy (CPG), Whitecap Resources (WCP), PrairieSky Royalty (PSK), Enerplus (ERF), Baytex Energy (BTE), and Peyto Exploration & Development (PEY). These companies are all part of the "oil & gas e&p" industry.

Paramount Resources vs.

Paramount Resources (TSE:POU) and Ovintiv (TSE:OVV) are both energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, earnings, valuation, media sentiment, analyst recommendations, community ranking, institutional ownership and profitability.

In the previous week, Ovintiv had 6 more articles in the media than Paramount Resources. MarketBeat recorded 13 mentions for Ovintiv and 7 mentions for Paramount Resources. Ovintiv's average media sentiment score of 0.74 beat Paramount Resources' score of 0.20 indicating that Ovintiv is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paramount Resources
3 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Ovintiv
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paramount Resources presently has a consensus target price of C$35.80, suggesting a potential upside of 9.18%. Ovintiv has a consensus target price of C$58.50, suggesting a potential downside of 16.90%. Given Paramount Resources' stronger consensus rating and higher possible upside, research analysts plainly believe Paramount Resources is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paramount Resources
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.70
Ovintiv
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

9.3% of Paramount Resources shares are held by institutional investors. Comparatively, 81.5% of Ovintiv shares are held by institutional investors. 45.6% of Paramount Resources shares are held by insiders. Comparatively, 0.5% of Ovintiv shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Paramount Resources pays an annual dividend of C$1.80 per share and has a dividend yield of 5.5%. Ovintiv pays an annual dividend of C$1.64 per share and has a dividend yield of 2.3%. Paramount Resources pays out 78.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Ovintiv pays out 16.7% of its earnings in the form of a dividend.

Ovintiv has higher revenue and earnings than Paramount Resources. Ovintiv is trading at a lower price-to-earnings ratio than Paramount Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paramount ResourcesC$1.71B2.80C$341.30MC$2.3014.26
OvintivC$10.46B1.80C$1.94BC$9.827.17

Paramount Resources received 365 more outperform votes than Ovintiv when rated by MarketBeat users. However, 58.06% of users gave Ovintiv an outperform vote while only 52.49% of users gave Paramount Resources an outperform vote.

CompanyUnderperformOutperform
Paramount ResourcesOutperform Votes
401
52.49%
Underperform Votes
363
47.51%
OvintivOutperform Votes
36
58.06%
Underperform Votes
26
41.94%

Paramount Resources has a net margin of 19.97% compared to Ovintiv's net margin of 18.52%. Ovintiv's return on equity of 21.33% beat Paramount Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Paramount Resources19.97% 9.92% 6.02%
Ovintiv 18.52%21.33%9.89%

Paramount Resources has a beta of 3.19, suggesting that its stock price is 219% more volatile than the S&P 500. Comparatively, Ovintiv has a beta of 2.67, suggesting that its stock price is 167% more volatile than the S&P 500.

Summary

Paramount Resources and Ovintiv tied by winning 10 of the 20 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 POU 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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POU vs. The Competition

MetricParamount ResourcesOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$4.79BC$1.72BC$4.26BC$5.46B
Dividend Yield5.64%6.74%6.56%5.58%
P/E Ratio14.26297.59211.7220.83
Price / Sales2.8040,273.2628,359.572,548.93
Price / Cash512.5087.6269.9179.75
Price / Book1.341.561.643.54
Net IncomeC$341.30MC$125.99MC$448.92MC$287.78M
7 Day Performance2.73%1.12%1.15%-0.16%
1 Month Performance2.53%2.47%3.81%2.59%
1 Year Performance9.56%12.76%22.28%29.08%

Paramount Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OVV
Ovintiv
1.598 of 5 stars
C$67.15
+1.7%
C$58.50
-12.9%
+53.5%C$17.93BC$10.46B6.841,743Analyst Revision
ARX
ARC Resources
3.4764 of 5 stars
C$25.52
+1.4%
C$29.85
+17.0%
+58.4%C$15.25BC$5.31B12.82438Insider Selling
News Coverage
MEG
MEG Energy
3.3061 of 5 stars
C$30.35
+2.7%
C$33.09
+9.0%
+39.0%C$8.27BC$5.54B14.73449Analyst Forecast
SCR
Strathcona Resources
0.1798 of 5 stars
C$34.70
+1.1%
C$34.57
-0.4%
N/AC$7.43BC$4.24B-15.82193News Coverage
CPG
Crescent Point Energy
3.1053 of 5 stars
C$11.51
+0.1%
C$14.80
+28.6%
+36.2%C$7.11BC$3.51B23.49777Positive News
WCP
Whitecap Resources
4.0966 of 5 stars
C$10.68
+2.8%
C$13.56
+27.0%
+14.2%C$6.40BC$3.23B9.45542
PSK
PrairieSky Royalty
2.4068 of 5 stars
C$26.49
+1.5%
C$27.30
+3.1%
+19.0%C$6.33BC$475.60M29.1165News Coverage
ERF
Enerplus
0.7739 of 5 stars
C$28.02
+1.8%
C$24.36
-13.1%
+47.2%C$5.72BC$1.48B11.48404
BTE
Baytex Energy
2.0647 of 5 stars
C$5.04
+5.2%
C$6.48
+28.5%
+13.1%C$4.14BC$3.03B-11.45231
PEY
Peyto Exploration & Development
1.7389 of 5 stars
C$15.73
+1.1%
C$16.59
+5.5%
+41.1%C$3.06BC$876.26M9.7153Upcoming Earnings
Insider Selling
High Trading Volume

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This page (TSE:POU) was last updated on 6/2/2024 by MarketBeat.com Staff

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