Critical Survey: Extraction Oil & Gas (OTCMKTS:XOGAQ) & Pengrowth Energy (OTCMKTS:PGHEF)

Earnings & Valuation

This table compares Pengrowth Energy and Extraction Oil & Gas”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Pengrowth Energy	$408.45 million	0.06	-$431.50 million	N/A	N/A
Extraction Oil & Gas	$906.64 million	0.01	-$1.39 billion	($0.46)	-0.13

Pengrowth Energy has higher earnings, but lower revenue than Extraction Oil & Gas.

Profitability

This table compares Pengrowth Energy and Extraction Oil & Gas’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Pengrowth Energy	-147.21%	-193.94%	-25.06%
Extraction Oil & Gas	-223.86%	-56.20%	-11.52%

Volatility & Risk

Pengrowth Energy has a beta of 1.99, meaning that its stock price is 99% more volatile than the S&P 500. Comparatively, Extraction Oil & Gas has a beta of 2.1, meaning that its stock price is 110% more volatile than the S&P 500.

Institutional & Insider Ownership

0.5% of Pengrowth Energy shares are held by institutional investors. Comparatively, 38.6% of Extraction Oil & Gas shares are held by institutional investors. 6.0% of Extraction Oil & Gas shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Extraction Oil & Gas beats Pengrowth Energy on 6 of the 9 factors compared between the two stocks.

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.

About Extraction Oil & Gas

Extraction Oil & Gas, Inc., an independent oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg (DJ) Basin of Colorado. The company also engages in the construction and support of midstream assets to gather, process, and produce crude oil and gas. As of December 31, 2019, it had approximately 169,900 net acres of contiguous acreage blocks in the productive areas of the DJ Basin; held approximately 125,500 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 254.1 MMBoe; and had 1,509 gross producing wells. The company was founded in 2012 and is headquartered in Denver, Colorado. On June 14, 2020, Extraction Oil & Gas, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.