Paringa Resources (OTCMKTS:PNGZF) vs. Foresight Energy (OTCMKTS:FELP) Financial Review

Paringa Resources (OTCMKTS:PNGZF) and Foresight Energy (NYSE:FELP) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations and valuation.

Analyst Ratings

This is a summary of recent recommendations and price targets for Paringa Resources and Foresight Energy, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paringa Resources 0 0 0 0 N/A
Foresight Energy 0 1 0 0 2.00

Foresight Energy has a consensus target price of $5.00, suggesting a potential upside of 594.44%. Given Foresight Energy’s higher possible upside, analysts plainly believe Foresight Energy is more favorable than Paringa Resources.

Valuation & Earnings

This table compares Paringa Resources and Foresight Energy’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Paringa Resources N/A N/A -$7.11 million N/A N/A
Foresight Energy $1.10 billion 0.10 -$61.61 million ($0.32) -2.25

Paringa Resources has higher earnings, but lower revenue than Foresight Energy.

Profitability

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

Net Margins Return on Equity Return on Assets
Paringa Resources N/A N/A N/A
Foresight Energy -4.65% -8.88% -2.18%

Volatility and Risk

Paringa Resources has a beta of 0.35, suggesting that its share price is 65% less volatile than the S&P 500. Comparatively, Foresight Energy has a beta of 0.64, suggesting that its share price is 36% less volatile than the S&P 500.

Dividends

Foresight Energy pays an annual dividend of $0.24 per share and has a dividend yield of 33.3%. Paringa Resources does not pay a dividend. Foresight Energy pays out -75.0% of its earnings in the form of a dividend.

Insider and Institutional Ownership

0.9% of Foresight Energy shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Foresight Energy beats Paringa Resources on 6 of the 10 factors compared between the two stocks.

Paringa Resources Company Profile

Paringa Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in the United States. The company holds an interest in the Buck Creek Mine Complex located in the Illinois coal basin. As of June 30, 2018, it owned 40,751 gross acres of coal leases in Kentucky, the United States. Paringa Resources Limited was incorporated in 2012 and is headquartered in Rumsey, Kentucky.

Foresight Energy Company Profile

Foresight Energy LP engages in the development, mining, production, marketing, transportation, and sale of thermal coal primarily in the eastern United States and internationally. As of February 27, 2019, the company operated two longwall mining complexes with three longwall mining systems in Williamson and Sugar Camp; one continuous mining operation in Macoupin; and the Sitran river terminal on the Ohio River. It controls approximately 2 billion tons of coal reserves in the Illinois Basin. The company sells its coal to electric utility and industrial companies. Foresight Energy GP LLC acts as a general partner for Foresight Energy LP. The company was formerly known as Foresight Energy Partners LP and changed its name to Foresight Energy LP in April 2014. Foresight Energy LP was founded in 2006 and is headquartered in St. Louis, Missouri.

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