Pilgrim Petroleum (OTCMKTS:PGPM – Get Free Report) and Permian Resources (NYSE:PR – Get Free Report) are both energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, earnings, profitability, analyst recommendations, institutional ownership and valuation.
Insider and Institutional Ownership
91.8% of Permian Resources shares are held by institutional investors. 6.4% of Permian Resources shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Profitability
This table compares Pilgrim Petroleum and Permian Resources’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Pilgrim Petroleum | N/A | N/A | N/A |
Permian Resources | 22.41% | 10.91% | 6.83% |
Earnings and Valuation
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Pilgrim Petroleum | N/A | N/A | N/A | N/A | N/A |
Permian Resources | $5.00 billion | 2.05 | $984.70 million | $1.54 | 8.30 |
Permian Resources has higher revenue and earnings than Pilgrim Petroleum.
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Pilgrim Petroleum and Permian Resources, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Pilgrim Petroleum | 0 | 0 | 0 | 0 | 0.00 |
Permian Resources | 1 | 0 | 15 | 2 | 3.00 |
Permian Resources has a consensus target price of $18.69, indicating a potential upside of 46.17%. Given Permian Resources’ stronger consensus rating and higher probable upside, analysts plainly believe Permian Resources is more favorable than Pilgrim Petroleum.
Summary
Permian Resources beats Pilgrim Petroleum on 10 of the 10 factors compared between the two stocks.
About Pilgrim Petroleum
Pilgrim Petroleum Corporation, an oil and gas exploration and development company, engages in the acquisition, development, and operation of crude oil and natural gas properties with proven reserves in the United States. The company holds interests in various projects located in Northwest Texas; the Electra Rework prospect located in Wichita and Willbarger Counties, Texas; and the City National Bank Discovery Well prospect located in Archer County, Texas. It also provides services to small and medium exploration and development companies. The company was formerly known as BNP Petroleum Corp. and changed its name to Pilgrim Petroleum Corporation in July 2005. Pilgrim Petroleum Corporation was founded in 1997 and is headquartered in Addison, Texas.
About Permian Resources
Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. The company’s assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in West Texas, Eddy County, Lea County, and New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.
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