Critical Survey: Pengrowth Energy (OTCMKTS:PGHEF) & Carbon Energy (OTCMKTS:CRBOD)

Earnings & Valuation

This table compares Pengrowth Energy and Carbon Energy”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Pengrowth Energy $408.45 million 0.06 -$431.50 million N/A N/A
Carbon Energy $116.63 million 0.00 $1.10 million ($1.84) 0.00

Carbon Energy has lower revenue, but higher earnings than Pengrowth Energy.

Risk and Volatility

Pengrowth Energy has a beta of 1.99, suggesting that its share price is 99% more volatile than the S&P 500. Comparatively, Carbon Energy has a beta of 0.15, suggesting that its share price is 85% less volatile than the S&P 500.

Insider & Institutional Ownership

0.5% of Pengrowth Energy shares are owned by institutional investors. Comparatively, 10.5% of Carbon Energy shares are owned by institutional investors. 7.1% of Carbon Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Pengrowth Energy and Carbon Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Pengrowth Energy -147.21% -193.94% -25.06%
Carbon Energy -38.38% -8.44% -2.43%

Summary

Carbon Energy beats Pengrowth Energy on 6 of the 9 factors compared between the two stocks.

About Pengrowth Energy

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Pengrowth Energy Corporation, a resource company, explores for, develops, and produces oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids. Its principal producing properties are the Lindbergh thermal property covering an area of 20,800 net acres located in Alberta; and Groundbirch property totaling an area of 12,536 net acres located to the south west of Fort St. John, British Columbia. As of December 31, 2018, the company had 269 net producing oil and natural gas wells; and 586 net non-producing wells, as well as total proved plus probable reserves of 446.6 millions of barrels of oil equivalent. Pengrowth Energy Corporation was founded in 1988 and is headquartered in Calgary, Canada.

About Carbon Energy

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Carbon Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids properties in the United States. It focuses on conventional and unconventional reservoirs, including shale, tight sand, and coalbed methane located in the Appalachian, Illinois, and Ventura Basins. As of December 31, 2018, it owned working interests in 7,100 net wells and royalty interests in approximately 900 wells located in California, Illinois, Indiana, Kentucky, Ohio, Tennessee, Virginia, and West Virginia, as well as had leasehold positions in approximately 340,700 net developed acres and approximately 1,319,200 net undeveloped acres. The company was formerly known as Carbon Natural Gas Company and changed its name to Carbon Energy Corporation in June 2018. Carbon Energy Corporation was founded in 2007 and is based in Denver, Colorado.

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