Petroteq Energy (OTCMKTS:PQEFF) and Diamond Offshore Drilling (NYSE:DO) are both small-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership.
Volatility & Risk
Petroteq Energy has a beta of 0.87, indicating that its share price is 13% less volatile than the S&P 500. Comparatively, Diamond Offshore Drilling has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500.
This is a breakdown of recent ratings and recommmendations for Petroteq Energy and Diamond Offshore Drilling, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Diamond Offshore Drilling||8||5||6||0||1.89|
Diamond Offshore Drilling has a consensus target price of $15.80, indicating a potential upside of 53.55%. Given Diamond Offshore Drilling’s higher probable upside, analysts clearly believe Diamond Offshore Drilling is more favorable than Petroteq Energy.
This table compares Petroteq Energy and Diamond Offshore Drilling’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Diamond Offshore Drilling||-16.64%||-4.32%||-2.61%|
Valuation & Earnings
This table compares Petroteq Energy and Diamond Offshore Drilling’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Petroteq Energy||N/A||N/A||-$15.11 million||($0.24)||-1.55|
|Diamond Offshore Drilling||$1.08 billion||1.31||-$180.27 million||($1.17)||-8.79|
Petroteq Energy has higher earnings, but lower revenue than Diamond Offshore Drilling. Diamond Offshore Drilling is trading at a lower price-to-earnings ratio than Petroteq Energy, indicating that it is currently the more affordable of the two stocks.
Petroteq Energy beats Diamond Offshore Drilling on 5 of the 9 factors compared between the two stocks.
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.
Diamond Offshore Drilling Company Profile
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. It provides services in floater market, including ultra-deepwater, deepwater, and mid-water. The company operates a fleet of 17 offshore drilling rigs, which comprises 4 drillships, 7 ultra-deepwater, 4 deepwater, and 2 mid-water semisubmersibles. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation.
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