Financial Analysis: Permian Resources (NYSE:PR) versus Atlas Energy Group (OTCMKTS:ATLS)

Permian Resources (NYSE:PR) and Atlas Energy Group (OTCMKTS:ATLS) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, risk, earnings, profitability, analyst recommendations, dividends and valuation.

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

Risk and Volatility

Permian Resources has a beta of 4.34, indicating that its share price is 334% more volatile than the S&P 500. Comparatively, Atlas Energy Group has a beta of 0.38, indicating that its share price is 62% less volatile than the S&P 500.

Insider and Institutional Ownership

91.8% of Permian Resources shares are held by institutional investors. 12.8% of Permian Resources shares are held by company insiders. Comparatively, 12.4% of Atlas Energy Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings for Permian Resources and Atlas Energy Group, as provided by MarketBeat.com.

	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 presently has a consensus target price of $18.93, suggesting 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.

Earnings and Valuation

This table compares Permian Resources and Atlas Energy Group”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Permian Resources	$3.12 billion	4.11	$476.31 million	$1.65	9.68
Atlas Energy Group	N/A	N/A	N/A	N/A	N/A

Permian Resources has higher revenue and earnings 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.