Permian Resources (NYSE:PR – Get Free Report) and Atlas Energy Group (OTCMKTS:ATLS – Get Free Report) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, risk, analyst recommendations, dividends, institutional ownership and profitability.
Insider and Institutional Ownership
91.8% of Permian Resources shares are held by institutional investors. 12.8% of Permian Resources shares are held by insiders. Comparatively, 12.4% of Atlas Energy Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Risk and Volatility
Permian Resources has a beta of 4.34, meaning that its stock price is 334% more volatile than the S&P 500. Comparatively, Atlas Energy Group has a beta of 0.38, meaning that its stock price is 62% less volatile than the S&P 500.
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Permian Resources | $3.12 billion | 4.04 | $476.31 million | $1.65 | 9.50 |
Atlas Energy Group | N/A | N/A | N/A | N/A | N/A |
Permian Resources has higher revenue and earnings than Atlas Energy Group.
Profitability
This table compares Permian Resources and Atlas Energy Group’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Permian Resources | 21.20% | 11.15% | 6.93% |
Atlas Energy Group | N/A | N/A | N/A |
Analyst Ratings
This is a breakdown of recent ratings for Permian Resources and Atlas Energy Group, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Permian Resources | 0 | 2 | 13 | 1 | 2.94 |
Atlas Energy Group | 0 | 0 | 0 | 0 | 0.00 |
Permian Resources currently has a consensus target price of $18.93, indicating a potential upside of 20.75%. Given Permian Resources’ stronger consensus rating and higher probable upside, analysts plainly believe Permian Resources is more favorable than Atlas Energy Group.
Summary
Permian Resources beats Atlas Energy Group on 11 of the 11 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 Atlas Energy Group
Atlas Energy Group, LLC, through its subsidiaries, develops and produces natural gas, crude oil, and natural gas liquids in the United States. The company has interests in the Eagle Ford Shale in southern Texas; the Marble Falls play in the Fort Worth Basin in northern Texas; and the Mississippi Lime play in northwestern Oklahoma. It also focuses on investing in master limited partnership qualifying energy-related businesses and assets. The company was founded in 2011 and is based in Fort Worth, Texas.
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