Contrasting Dril-Quip (NYSE:DRQ) & Pgs Asa (OTC:PGEJF)

Pgs Asa (OTC:PGEJF) and Dril-Quip (NYSE:DRQ) are both energy companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, risk and institutional ownership.

Valuation & Earnings

This table compares Pgs Asa and Dril-Quip’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Pgs Asa	N/A	N/A	N/A	C$0.34	2.67
Dril-Quip	$474.23 million	1.13	$600,000.00	($0.64)	-24.25

Dril-Quip has higher revenue and earnings than Pgs Asa. Dril-Quip is trading at a lower price-to-earnings ratio than Pgs Asa, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

38.9% of Pgs Asa shares are owned by institutional investors. 1.7% of Dril-Quip 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.

Profitability

This table compares Pgs Asa and Dril-Quip’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Pgs Asa	N/A	N/A	N/A
Dril-Quip	-5.69%	-2.48%	-2.12%

Analyst Ratings

This is a breakdown of current ratings and target prices for Pgs Asa and Dril-Quip, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Pgs Asa	0	0	0	0	N/A
Dril-Quip	1	0	1	0	2.00

Dril-Quip has a consensus price target of $30.50, suggesting a potential upside of 96.52%. Given Dril-Quip’s higher possible upside, analysts plainly believe Dril-Quip is more favorable than Pgs Asa.

Summary

Pgs Asa beats Dril-Quip on 6 of the 10 factors compared between the two stocks.

About Pgs Asa

PGS ASA, together with its subsidiaries, operates as a marine geophysical company primarily in Norway. The company provides a range of seismic and reservoir services, including data acquisition, imaging, interpretation, and field evaluation to oil and gas companies, as well as carbon storage and offshore wind markets. It also operates in the Asia Pacific, Canada, Egypt, the Americas, Angola, the United Kingdom, Greece, Cyprus, Ukraine, Brazil, South Africa, other African countries, the Middle East, and internationally. The company was formerly known as Petroleum Geo-Services ASA and changed its name to PGS ASA in May 2019. PGS ASA was founded in 1991 and is headquartered in Oslo, Norway.

About Dril-Quip

Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for offshore and onshore applications worldwide. The company’s principal products include subsea and surface wellheads, specialty connectors and associated pipes, subsea production trees and systems, mudline hanger systems, production riser systems, dry tree systems, subsea manifolds, line hangers and expandable liner systems, multi-frac well connections, conventional wellheads, thermal wellheads, completion packers, and safety and kelly valves; and rig equipment comprises drilling riser systems, wellhead connectors, diverters, and cement manifolds. It also provides technical advisory assistance, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products; equipment installation and monitoring, storage, maintenance, and repair services; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. The company’s products are used in the exploration and production of oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, Spars, and moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling and other oilfield contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.