Head to Head Analysis: Crescent Energy (NYSE:CRGY) & PrimeEnergy Resources (NASDAQ:PNRG)

PrimeEnergy Resources (NASDAQ:PNRGGet Free Report) and Crescent Energy (NYSE:CRGYGet Free Report) are both energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, valuation and risk.

Profitability

This table compares PrimeEnergy Resources and Crescent Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PrimeEnergy Resources 27.73% 32.76% 18.13%
Crescent Energy 2.17% 12.53% 3.61%

Analyst Recommendations

This is a summary of recent recommendations for PrimeEnergy Resources and Crescent Energy, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PrimeEnergy Resources 0 0 0 0 0.00
Crescent Energy 1 2 8 2 2.85

Crescent Energy has a consensus price target of $17.09, suggesting a potential upside of 54.74%. Given Crescent Energy’s stronger consensus rating and higher probable upside, analysts clearly believe Crescent Energy is more favorable than PrimeEnergy Resources.

Earnings & Valuation

This table compares PrimeEnergy Resources and Crescent Energy”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
PrimeEnergy Resources $209.65 million 1.82 $28.10 million $23.26 9.58
Crescent Energy $2.93 billion 0.97 $67.61 million ($0.69) -16.01

Crescent Energy has higher revenue and earnings than PrimeEnergy Resources. Crescent Energy is trading at a lower price-to-earnings ratio than PrimeEnergy Resources, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

PrimeEnergy Resources has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500. Comparatively, Crescent Energy has a beta of 2.18, indicating that its stock price is 118% more volatile than the S&P 500.

Insider & Institutional Ownership

52.1% of Crescent Energy shares are held by institutional investors. 61.1% of PrimeEnergy Resources shares are held by company insiders. Comparatively, 13.2% of Crescent Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Crescent Energy beats PrimeEnergy Resources on 9 of the 15 factors compared between the two stocks.

About PrimeEnergy Resources

(Get Free Report)

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support, site-preparation, and construction services for oil and gas drilling and reworking operations. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. PrimeEnergy Resources Corporation was incorporated in 1973 and is headquartered in Houston, Texas.

About Crescent Energy

(Get Free Report)

Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers. The company is based in Houston, Texas.

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