Head-To-Head Comparison: Permian Resources (NYSE:PR) and Pilgrim Petroleum (OTCMKTS:PGPM)

Permian Resources (NYSE:PR) and Pilgrim Petroleum (OTCMKTS:PGPM) are both energy companies, but which is the better investment? We will compare the two companies based on the strength of their valuation, institutional ownership, profitability, earnings, dividends, risk and analyst recommendations.

Valuation and Earnings

This table compares Permian Resources and Pilgrim Petroleum”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Permian Resources	$5.00 billion	2.01	$984.70 million	$1.54	8.17
Pilgrim Petroleum	N/A	N/A	N/A	N/A	N/A

Permian Resources has higher revenue and earnings than Pilgrim Petroleum.

Profitability

This table compares Permian Resources and Pilgrim Petroleum’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Permian Resources	22.41%	10.91%	6.83%
Pilgrim Petroleum	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Permian Resources and Pilgrim Petroleum, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Permian Resources	1	0	15	2	3.00
Pilgrim Petroleum	0	0	0	0	0.00

Permian Resources currently has a consensus target price of $18.63, indicating a potential upside of 47.99%. Given Permian Resources’ stronger consensus rating and higher probable upside, analysts clearly believe Permian Resources is more favorable than Pilgrim Petroleum.

Institutional & Insider Ownership

91.8% of Permian Resources shares are held by institutional investors. 12.8% of Permian Resources shares are held 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.

Summary

Permian Resources beats Pilgrim Petroleum on 10 of the 10 factors compared between the two stocks.

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.

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.