Comparing Pioneer Natural Resources (PXD) & Petroquest Energy (PQ)

Pioneer Natural Resources (NYSE: PXD) and Petroquest Energy (NYSE:PQ) are both energy companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, risk, valuation, profitability, institutional ownership and earnings.

Analyst Recommendations

This is a breakdown of current ratings for Pioneer Natural Resources and Petroquest Energy, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Pioneer Natural Resources 0 4 23 0 2.85
Petroquest Energy 0 3 1 0 2.25

Pioneer Natural Resources presently has a consensus target price of $211.03, indicating a potential upside of 17.76%. Petroquest Energy has a consensus target price of $2.97, indicating a potential upside of 104.60%. Given Petroquest Energy’s higher probable upside, analysts plainly believe Petroquest Energy is more favorable than Pioneer Natural Resources.

Profitability

This table compares Pioneer Natural Resources and Petroquest Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Pioneer Natural Resources 13.69% 3.45% 2.25%
Petroquest Energy -17.75% N/A -10.55%

Valuation and Earnings

This table compares Pioneer Natural Resources and Petroquest Energy’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Pioneer Natural Resources $5.46 billion 5.59 $833.00 million $4.90 36.57
Petroquest Energy $66.67 million 0.46 -$90.89 million ($1.00) -1.45

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

Volatility and Risk

Pioneer Natural Resources has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500. Comparatively, Petroquest Energy has a beta of 1.8, indicating that its stock price is 80% more volatile than the S&P 500.

Dividends

Pioneer Natural Resources pays an annual dividend of $0.08 per share and has a dividend yield of 0.0%. Petroquest Energy does not pay a dividend. Pioneer Natural Resources pays out 1.6% of its earnings in the form of a dividend.

Insider & Institutional Ownership

89.9% of Pioneer Natural Resources shares are held by institutional investors. Comparatively, 32.6% of Petroquest Energy shares are held by institutional investors. 0.9% of Pioneer Natural Resources shares are held by company insiders. Comparatively, 10.4% of Petroquest Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Pioneer Natural Resources beats Petroquest Energy on 11 of the 15 factors compared between the two stocks.

Pioneer Natural Resources Company Profile

Pioneer Natural Resources Company is an oil and gas exploration and production company. The Company explores for, develops and produces oil, natural gas liquids (NGLs) and gas within the United States, with operations primarily in the Permian Basin in West Texas, the Eagle Ford Shale play in South Texas, the Raton field in southeast Colorado and the West Panhandle field in the Texas Panhandle. As of December 31, 2016, the Company owned interests in eight gas processing plants and nine treating facilities. As of December 31, 2016, its Spraberry/Wolfcamp field covered approximately 800,000 gross acres (690,000 net acres). The Company completed 12 Eagle Ford Shale wells during the fiscal year ended December 31, 2016. As of December 31, 2016, the Company owned approximately 185,000 gross acres (165,000 net acres) in the center of the Raton Basin. As of December 31, 2016, the Company’s gas had an average energy content of 1,400 British thermal unit (Btu).

Petroquest Energy Company Profile

PetroQuest Energy, Inc. is an oil and gas company. The Company is engaged in exploratory, development and acquisition activities. The Company has approximately 30 gross exploratory wells and over 30 gross development wells. The Company has reserves in various areas, including East Texas, Gulf Coast Basin and Oklahoma Woodford. Its annual production from East Texas area is approximately 114.1 billions of cubic feet equivalent (Bcfe); Gulf Coast Basin is over 43.9 Bcfe, and Oklahoma Woodford is approximately 20.0 Bcfe. The net production from its East Texas assets averages over 30.4 millions of cubic feet equivalent (MMcfe) per day. Production from Gulf Coast Basin area totals approximately 37.8 MMcfe per day. The average daily production from its Oklahoma-Woodford properties totals over 25 MMcfe per day. The Company sells its oil and natural gas production under fixed or floating market contracts.

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