Atwood Oceanics (NYSE: ATW) and Pioneer Energy Services Corp. (NYSE:PES) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, earnings, institutional ownership and profitability.
This table compares Atwood Oceanics and Pioneer Energy Services Corp.’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Pioneer Energy Services Corp.||-33.86%||-28.63%||-10.36%|
This is a summary of recent ratings for Atwood Oceanics and Pioneer Energy Services Corp., as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Pioneer Energy Services Corp.||0||4||6||0||2.60|
Atwood Oceanics presently has a consensus price target of $11.64, indicating a potential upside of 32.59%. Pioneer Energy Services Corp. has a consensus price target of $5.53, indicating a potential upside of 121.25%. Given Pioneer Energy Services Corp.’s stronger consensus rating and higher possible upside, analysts clearly believe Pioneer Energy Services Corp. is more favorable than Atwood Oceanics.
Valuation and Earnings
This table compares Atwood Oceanics and Pioneer Energy Services Corp.’s gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Atwood Oceanics||$605.28 million||1.17||$296.89 million||($0.20)||-43.89|
|Pioneer Energy Services Corp.||$342.72 million||0.56||$20.01 million||($1.65)||-1.52|
Atwood Oceanics has higher revenue and earnings than Pioneer Energy Services Corp.. Atwood Oceanics is trading at a lower price-to-earnings ratio than Pioneer Energy Services Corp., indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Atwood Oceanics has a beta of 2.37, indicating that its share price is 137% more volatile than the S&P 500. Comparatively, Pioneer Energy Services Corp. has a beta of 2.92, indicating that its share price is 192% more volatile than the S&P 500.
Insider and Institutional Ownership
92.0% of Atwood Oceanics shares are owned by institutional investors. Comparatively, 74.0% of Pioneer Energy Services Corp. shares are owned by institutional investors. 1.2% of Atwood Oceanics shares are owned by company insiders. Comparatively, 6.1% of Pioneer Energy Services Corp. shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Atwood Oceanics beats Pioneer Energy Services Corp. on 8 of the 13 factors compared between the two stocks.
Atwood Oceanics Company Profile
Atwood Oceanics, Inc. is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey. Its Jackup Rigs included Atwood Mako, Atwood Manta, Atwood Aurora, Atwood Beacon and Atwood Orca. The Atwood Mako and Atwood Manta, both approximately 400-foot water depth Pacific Class jackup rigs, are operating offshore Vietnam and offshore Thailand. The Atwood Aurora, an approximately 350-foot water depth jackup, is operating offshore West Africa. The Atwood Beacon, an approximately 400-foot water depth jackup, is operating in the Mediterranean Sea.
Pioneer Energy Services Corp. Company Profile
Pioneer Energy Services Corp. provides land-based drilling services and production services to a group of independent oil and gas exploration and production companies in the United States and internationally in Colombia. The Company operates through two segments, which include drilling services segment and production services segment. It also provides two of its services (coiled tubing and wireline services) offshore in the Gulf of Mexico. Its drilling services segment provides contract land drilling services to a group of exploration and production companies through the Company’s four drilling divisions in the United States, and internationally in Colombia. Its production services segment provides a range of services to a group of exploration and production companies, with its operations concentrated in the various United States onshore oil and gas producing regions in the Mid-Continent and Rocky Mountain states and in the Gulf Coast.
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