Atlas Energy Group (OTCMKTS:ATLS – Get Free Report) and Permian Resources (NYSE:PR – Get Free Report) are both oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, earnings, dividends, institutional ownership, risk, profitability and valuation.
Risk & Volatility
Atlas Energy Group has a beta of 0.38, indicating that its stock price is 62% less volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.34, indicating that its stock price is 334% more volatile than the S&P 500.
Insider & Institutional Ownership
91.8% of Permian Resources shares are owned by institutional investors. 12.4% of Atlas Energy Group shares are owned by company insiders. Comparatively, 12.8% of Permian Resources shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Atlas Energy Group | N/A | N/A | N/A |
Permian Resources | 21.20% | 11.15% | 6.93% |
Earnings & Valuation
This table compares Atlas Energy Group and Permian Resources”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Atlas Energy Group | N/A | N/A | N/A | N/A | N/A |
Permian Resources | $3.12 billion | 4.11 | $476.31 million | $1.65 | 9.68 |
Permian Resources has higher revenue and earnings than Atlas Energy Group.
Analyst Ratings
This is a breakdown of recent ratings and price targets for Atlas Energy Group and Permian Resources, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Atlas Energy Group | 0 | 0 | 0 | 0 | 0.00 |
Permian Resources | 0 | 2 | 13 | 1 | 2.94 |
Permian Resources has a consensus target price of $18.93, indicating a potential upside of 18.53%. 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 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.
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.
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