Petroteq Energy (OTCMKTS: PQEFF) is one of 25 public companies in the “Drilling oil & gas wells” industry, but how does it compare to its peers? We will compare Petroteq Energy to similar companies based on the strength of its analyst recommendations, valuation, institutional ownership, risk, earnings, profitability and dividends.
Volatility & Risk
Petroteq Energy has a beta of 0.87, suggesting that its share price is 13% less volatile than the S&P 500. Comparatively, Petroteq Energy’s peers have a beta of 2.03, suggesting that their average share price is 103% more volatile than the S&P 500.
Valuation and Earnings
This table compares Petroteq Energy and its peers revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Petroteq Energy||N/A||-$15.11 million||-1.40|
|Petroteq Energy Competitors||$1.14 billion||-$293.46 million||15.75|
Petroteq Energy’s peers have higher revenue, but lower earnings than Petroteq Energy. Petroteq Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Insider and Institutional Ownership
76.4% of shares of all “Drilling oil & gas wells” companies are held by institutional investors. 4.7% of shares of all “Drilling oil & gas wells” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
This table compares Petroteq Energy and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Petroteq Energy Competitors||-34.56%||-28.88%||-3.61%|
This is a summary of current ratings and price targets for Petroteq Energy and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Petroteq Energy Competitors||677||1985||1737||60||2.26|
As a group, “Drilling oil & gas wells” companies have a potential upside of 43.82%. Given Petroteq Energy’s peers higher probable upside, analysts plainly believe Petroteq Energy has less favorable growth aspects than its peers.
Petroteq Energy peers beat Petroteq Energy on 6 of the 10 factors compared.
Petroteq Energy Company Profile
Petroteq Energy Inc. engages in the oil extraction and processing operations. The company is involved in the tar sands mining and oil processing activities using a closed-loop solvent based extraction system that recovers bitumen from surface mining. It holds a 100% working interest in 2,541.73 acre oil sands leases covering oil sands in the Asphalt Ridge area in Utah. Petroteq Energy Inc. also designs and develops a blockchain-power supply chain management platform for the oil and gas industry. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. is based in Sherman Oaks, California.
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