California Resources (OTCMKTS:CRCQQ – Get Rating) and Pengrowth Energy (OTCMKTS:PGHEF – Get Rating) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, risk, institutional ownership, valuation, analyst recommendations and dividends.
Profitability
This table compares California Resources and Pengrowth Energy’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
California Resources | -95.33% | -4.31% | -3.78% |
Pengrowth Energy | -147.21% | -193.94% | -25.06% |
Institutional and Insider Ownership
35.7% of California Resources shares are held by institutional investors. Comparatively, 0.5% of Pengrowth Energy shares are held by institutional investors. 4.1% of California Resources shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
California Resources | $2.63 billion | 0.00 | -$28.00 million | N/A | N/A |
Pengrowth Energy | $408.45 million | 0.06 | -$431.50 million | N/A | N/A |
California Resources has higher revenue and earnings than Pengrowth Energy.
Analyst Ratings
This is a breakdown of recent recommendations and price targets for California Resources and Pengrowth Energy, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
California Resources | 0 | 0 | 0 | 0 | N/A |
Pengrowth Energy | 0 | 0 | 0 | 0 | N/A |
Summary
California Resources beats Pengrowth Energy on 7 of the 8 factors compared between the two stocks.
About California Resources
California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.2 million net acres of mineral acreage. As of December 31, 2019, the company had net proved reserves of 644 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the grid and utility customers. The company was founded in 2014 and is based in Los Angeles, California. On July 15, 2020, California Resources Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
About Pengrowth Energy
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.
Receive News & Ratings for California Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for California Resources and related companies with MarketBeat.com's FREE daily email newsletter.