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Alternative stocks to Parex Resources (TSX:PXT)


These are the alternatives to Parex Resources that fall within the same industry, Oil & Gas Production, or region, Canada.

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Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

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Parex Resources stock research in summary

parexresources.com


Parex Resources shares are less expensive than other comparable stocks. They are safely financed and are good value, but show below average growth. We recommend evaluating whether the future of the company Parex Resources is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


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Country Canada
Industry Oil & Gas Production
Index
Size class Large

Large companies - similar industry as Parex Resources

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Chesapeake (XL, US)  Oil & Gas Production
1. Chesapeake (XL, US)   Oil & Gas Production 52 83 97 96
2. Diamondback Energy (XL, US)  Oil & Gas Production
2. Diamondback Energy (XL, US)   Oil & Gas Production 23 100 81 92
3. Coterra Energy (XL, US)  Oil & Gas Production
3. Coterra Energy (XL, US)   Oil & Gas Production 34 71 95 89
4. MEG Energy (XL, CA)  Oil & Gas Production
4. MEG Energy (XL, CA)   Oil & Gas Production 37 87 65 81
5. Tourmaline Oil (XL, CA)  Oil & Gas Production
5. Tourmaline Oil (XL, CA)   Oil & Gas Production 19 77 93 81
6. Apache (XL, US)  Oil & Gas Production
6. Apache (XL, US)   Oil & Gas Production 78 43 47 63
7. Southwestern Energy (XL, US)  Oil & Gas Production
7. Southwestern Energy (XL, US)   Oil & Gas Production 57 87 14 59
8. EOG Resources (XXL, US)  Oil & Gas Production
8. EOG Resources (XXL, US)   Oil & Gas Production 23 31 100 52
9. Pioneer Natural Resources (XXL, US)  Oil & Gas Production
9. Pioneer Natural Resources (XXL, US)   Oil & Gas Production 12 57 87 45
10. ARC Resource (XL, CA)  Oil & Gas Production
10. ARC Resource (XL, CA)   Oil & Gas Production 39 39 73 45

May 16, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Parex Resources

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Linamar (XL, CA)  Auto Parts & Equipment
1. Linamar (XL, CA)   Auto Parts & Equipment 84 49 98 100
2. Suncor (XXL, CA)  Oil & Gas Integrated
2. Suncor (XXL, CA)   Oil & Gas Integrated 75 87 78 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 80 85 73 98
4. Celestica (XL, CA)  Electr. Manufacturing Services
4. Celestica (XL, CA)   Electr. Manufacturing Services 83 79 82 98
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 59 75 65 96
6. ATCO (XL, CA)  Multi-Utilities
6. ATCO (XL, CA)   Multi-Utilities 99 17 87 91
7. Manulife Financial (XXL, CA)  Life & Health Insurance
7. Manulife Financial (XXL, CA)   Life & Health Insurance 70 47 100 91
8. Russel Metals (XL, CA)  Trading & Distribution
8. Russel Metals (XL, CA)   Trading & Distribution 96 15 93 90
9. Keyera (XL, CA)  Oil & Gas Transportation
9. Keyera (XL, CA)   Oil & Gas Transportation 66 52 94 89
10. Cenovus (XXL, CA)  Oil & Gas Integrated
10. Cenovus (XXL, CA)   Oil & Gas Integrated 79 45 89 88

May 16, 2024


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Mid sized companies - similar industry as Parex Resources

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Paramount (L, CA)  Oil & Gas Production
1. Paramount (L, CA)   Oil & Gas Production 56 95 91 100
2. Peyto (M, CA)  Oil & Gas Production
2. Peyto (M, CA)   Oil & Gas Production 92 91 55 98
3. Birchcliff (M, CA)  Oil & Gas Production
3. Birchcliff (M, CA)   Oil & Gas Production 70 93 63 94
4. Whitecap Resources (L, CA)  Oil & Gas Production
4. Whitecap Resources (L, CA)   Oil & Gas Production 89 51 55 83
5. Crescent Point (L, CA)  Oil & Gas Production
5. Crescent Point (L, CA)   Oil & Gas Production 87 49 51 76
6. NuVista (M, CA)  Oil & Gas Production
6. NuVista (M, CA)   Oil & Gas Production 61 49 75 74
7. Vermilion Energy (L, CA)  Oil & Gas Production
7. Vermilion Energy (L, CA)   Oil & Gas Production 96 25 61 72
8. Advantage (M, CA)  Oil & Gas Production
8. Advantage (M, CA)   Oil & Gas Production 15 97 51 56
9. Enerplus (L, CA)  Oil & Gas Production
9. Enerplus (L, CA)   Oil & Gas Production 37 35 83 52
10. Tamarack Valley Energy (M, CA)  Oil & Gas Production
10. Tamarack Valley Energy (M, CA)   Oil & Gas Production 98 5 21 32

May 16, 2024


Mid sized companies - similar region as Parex Resources

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Magellan Aerospace (M, CA)  Aerospace & Defense
1. Magellan Aerospace (M, CA)   Aerospace & Defense 100 52 100 100
2. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
2. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 98 50 93 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 94 73 81 100
4. Paramount (L, CA)  Oil & Gas Production
4. Paramount (L, CA)   Oil & Gas Production 56 95 91 100
5. Onex (L, CA)  Asset Management & Custody
5. Onex (L, CA)   Asset Management & Custody 56 100 82 100
6. Centerra (L, CA)  Gold Production
6. Centerra (L, CA)   Gold Production 92 43 92 98
7. Leon's Furniture (L, CA)  Homefurnishing Retail
7. Leon's Furniture (L, CA)   Homefurnishing Retail 84 50 83 98
8. Peyto (M, CA)  Oil & Gas Production
8. Peyto (M, CA)   Oil & Gas Production 92 91 55 98
9. Jamieson Wellness (M, CA)  Personal Products
9. Jamieson Wellness (M, CA)   Personal Products 91 65 56 95
10. Enghouse Systems (M, CA)  Application Software
10. Enghouse Systems (M, CA)   Application Software 91 26 100 94

May 16, 2024



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