CNX Resources (CNX) Competitors

$24.30
+0.02 (+0.08%)
(As of 05/17/2024 ET)

CNX vs. CRC, BSM, ERF, NOG, CRK, VIST, KOS, SSL, TALO, and AESI

Should you be buying CNX Resources stock or one of its competitors? The main competitors of CNX Resources include California Resources (CRC), 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 vs.

CNX Resources (NYSE:CNX) and California Resources (NYSE:CRC) are both mid-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, community ranking, institutional ownership, risk, earnings, valuation, media sentiment and analyst recommendations.

CNX Resources has a net margin of 40.44% compared to California Resources' net margin of 11.34%. California Resources' return on equity of 11.00% beat CNX Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
CNX Resources40.44% 7.68% 3.72%
California Resources 11.34%11.00%5.91%

95.2% of CNX Resources shares are held by institutional investors. Comparatively, 97.8% of California Resources shares are held by institutional investors. 3.1% of CNX Resources shares are held by company insiders. Comparatively, 0.0% of California Resources shares are held 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.

In the previous week, CNX Resources and CNX Resources both had 12 articles in the media. CNX Resources' average media sentiment score of 0.62 beat California Resources' score of 0.23 indicating that CNX Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CNX Resources
4 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
California Resources
2 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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.

CompanyUnderperformOutperform
CNX ResourcesOutperform Votes
816
70.59%
Underperform Votes
340
29.41%
California ResourcesOutperform Votes
365
61.04%
Underperform Votes
233
38.96%

CNX Resources currently has a consensus target price of $25.00, suggesting a potential upside of 2.84%. California Resources has a consensus target price of $63.71, suggesting a potential upside of 29.03%. Given California Resources' stronger consensus rating and higher probable upside, analysts plainly believe California Resources is more favorable than CNX Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CNX Resources
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
California Resources
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CNX Resources$3.47B1.07$1.72B$5.524.40
California Resources$2.80B1.21$564M$3.4914.15

CNX Resources has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500. Comparatively, California Resources has a beta of 1.03, suggesting that its share price is 3% more volatile than the S&P 500.

Summary

CNX Resources beats California Resources on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CNX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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CNX vs. The Competition

MetricCNX ResourcesCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$3.73B$9.03B$8.37B$18.06B
Dividend YieldN/A17.39%11.71%3.43%
P/E Ratio4.4016.3916.1826.20
Price / Sales1.074.3750.1110.25
Price / Cash4.846.9011.2120.15
Price / Book0.862.002.846.01
Net Income$1.72B$1.27B$998.61M$966.25M
7 Day Performance4.51%2.85%1.82%1.87%
1 Month Performance2.53%1.07%4.29%7.16%
1 Year Performance51.75%10.91%6.75%21.68%

CNX Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRC
California Resources
3.8835 of 5 stars
$52.94
+0.5%
$63.57
+20.1%
+25.3%$3.64B$2.80B6.86970
BSM
Black Stone Minerals
2.1303 of 5 stars
$16.59
-0.7%
$19.33
+16.5%
+0.6%$3.49B$592.22M8.872,020Gap Down
High Trading Volume
ERF
Enerplus
2.5832 of 5 stars
$19.86
+0.4%
$21.69
+9.2%
+39.3%$4.06B$1.69B9.46404Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage
NOG
Northern Oil and Gas
4.1044 of 5 stars
$40.72
+0.3%
$47.90
+17.6%
+32.1%$4.12B$2.17B6.6038Analyst Forecast
CRK
Comstock Resources
2.1076 of 5 stars
$10.34
+0.2%
$9.75
-5.7%
+11.2%$3.02B$1.57B47.00251Analyst Downgrade
Analyst Revision
News Coverage
VIST
Vista Energy
1.8895 of 5 stars
$46.55
+1.9%
$51.00
+9.6%
+131.9%$4.32B$1.17B13.49299
KOS
Kosmos Energy
4.4511 of 5 stars
$6.00
+2.0%
$9.63
+60.7%
-5.2%$2.83B$1.70B13.63243Positive News
SSL
Sasol
2.6591 of 5 stars
$7.22
+0.3%
N/A-38.6%$4.58B$16.30B0.0029,073
TALO
Talos Energy
4.7675 of 5 stars
$12.77
-4.3%
$21.19
+65.9%
+4.0%$2.35B$1.46B7.88600Positive News
AESI
Atlas Energy Solutions
2.6597 of 5 stars
$22.50
-1.8%
$25.17
+11.9%
+34.2%$2.25B$613.96M14.33490Insider Selling

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This page (NYSE:CNX) was last updated on 5/18/2024 by MarketBeat.com Staff

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