Head to Head Review: Chord Energy (NASDAQ:CHRD) & PrimeEnergy (NASDAQ:PNRG)

PrimeEnergy (NASDAQ:PNRGGet Free Report) and Chord Energy (NASDAQ:CHRDGet Free Report) are both energy companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, dividends, institutional ownership, risk and profitability.

Profitability

This table compares PrimeEnergy and Chord Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PrimeEnergy 12.69% 12.19% 7.53%
Chord Energy 3.31% 8.27% 5.36%

Earnings & Valuation

This table compares PrimeEnergy and Chord Energy”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
PrimeEnergy $237.80 million 1.18 $55.40 million $10.45 16.44
Chord Energy $5.25 billion 1.00 $848.63 million $2.60 35.35

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

Insider & Institutional Ownership

97.8% of Chord Energy shares are owned by institutional investors. 62.8% of PrimeEnergy shares are owned by insiders. Comparatively, 0.7% of Chord Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

PrimeEnergy has a beta of 0.01, indicating that its stock price is 99% less volatile than the S&P 500. Comparatively, Chord Energy has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for PrimeEnergy and Chord Energy, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PrimeEnergy 0 1 0 0 2.00
Chord Energy 0 5 8 0 2.62

Chord Energy has a consensus target price of $126.17, indicating a potential upside of 37.26%. Given Chord Energy’s stronger consensus rating and higher possible upside, analysts clearly believe Chord Energy is more favorable than PrimeEnergy.

Summary

Chord Energy beats PrimeEnergy on 8 of the 14 factors compared between the two stocks.

About PrimeEnergy

(Get Free Report)

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support, site-preparation, and construction services for oil and gas drilling and reworking operations. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. PrimeEnergy Resources Corporation was incorporated in 1973 and is headquartered in Houston, Texas.

About Chord Energy

(Get Free Report)

Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.

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