PrimeEnergy (NASDAQ:PNRG) versus Chord Energy (NASDAQ:CHRD) Financial Review

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

Analyst Ratings

This is a breakdown of current ratings and price targets for Chord Energy and PrimeEnergy, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Chord Energy 1 5 8 0 2.50
PrimeEnergy 0 1 0 0 2.00

Chord Energy presently has a consensus target price of $126.17, indicating a potential upside of 33.02%. Given Chord Energy’s stronger consensus rating and higher probable upside, analysts clearly believe Chord Energy is more favorable than PrimeEnergy.

Risk and Volatility

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

Profitability

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

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

Earnings and Valuation

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

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Chord Energy $5.25 billion 1.03 $848.63 million $2.60 36.48
PrimeEnergy $237.80 million 1.16 $55.40 million $10.45 16.13

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.

Institutional and Insider Ownership

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

Summary

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

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.

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.

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