CRC vs. CNX, BSM, ERF, NOG, CRK, VIST, KOS, SSL, TALO, and AESI
Should you be buying California Resources stock or one of its competitors? The main competitors of California Resources include CNX Resources (CNX), Black Stone Minerals (BSM), Enerplus (ERF), Northern Oil and Gas (NOG), Comstock Resources (CRK), Vista Energy (VIST), Kosmos Energy (KOS), Sasol (SSL), Talos Energy (TALO), and Atlas Energy Solutions (AESI). These companies are all part of the "crude petroleum & natural gas" industry.
CNX Resources (NYSE:CNX) and California Resources (NYSE:CRC) are both mid-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, dividends, analyst recommendations, media sentiment, profitability, risk, institutional ownership, community ranking and valuation.
95.2% of CNX Resources shares are owned by institutional investors. Comparatively, 97.8% of California Resources shares are owned by institutional investors. 4.7% of CNX Resources shares are owned by company insiders. Comparatively, 0.6% of California Resources shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
CNX Resources received 451 more outperform votes than California Resources when rated by MarketBeat users. Likewise, 70.59% of users gave CNX Resources an outperform vote while only 61.04% of users gave California Resources an outperform vote.
CNX Resources has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500. Comparatively, California Resources has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500.
CNX Resources has higher revenue and earnings than California Resources. CNX Resources is trading at a lower price-to-earnings ratio than California Resources, indicating that it is currently the more affordable of the two stocks.
In the previous week, California Resources had 17 more articles in the media than CNX Resources. MarketBeat recorded 27 mentions for California Resources and 10 mentions for CNX Resources. California Resources' average media sentiment score of 1.04 beat CNX Resources' score of 0.48 indicating that CNX Resources is being referred to more favorably in the media.
CNX Resources has a net margin of 40.44% compared to CNX Resources' net margin of 11.34%. CNX Resources' return on equity of 11.00% beat California Resources' return on equity.
CNX Resources currently has a consensus target price of $25.00, suggesting a potential upside of 3.35%. California Resources has a consensus target price of $63.71, suggesting a potential upside of 33.10%. Given CNX Resources' stronger consensus rating and higher probable upside, analysts clearly believe California Resources is more favorable than CNX Resources.
Summary
CNX Resources and California Resources tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CRC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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