CRC vs. PR, CHK, APA, AR, RRC, SWN, HESM, MTDR, CHRD, and VNOM
Should you be buying California Resources stock or one of its competitors? The main competitors of California Resources include Permian Resources (PR), Chesapeake Energy (CHK), APA (APA), Antero Resources (AR), Range Resources (RRC), Southwestern Energy (SWN), Hess Midstream (HESM), Matador Resources (MTDR), Chord Energy (CHRD), and Viper Energy (VNOM). These companies are all part of the "crude petroleum & natural gas" industry.
California Resources (NYSE:CRC) and Permian Resources (NASDAQ:PR) are both oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, earnings, analyst recommendations, dividends, institutional ownership, valuation, risk and community ranking.
California Resources has higher earnings, but lower revenue than Permian Resources. California Resources is trading at a lower price-to-earnings ratio than Permian Resources, indicating that it is currently the more affordable of the two stocks.
California Resources currently has a consensus target price of $63.71, suggesting a potential upside of 34.14%. Permian Resources has a consensus target price of $19.38, suggesting a potential upside of 26.37%. Given California Resources' higher probable upside, equities research analysts plainly believe California Resources is more favorable than Permian Resources.
Permian Resources has a net margin of 13.90% compared to California Resources' net margin of 11.34%. Permian Resources' return on equity of 11.43% beat California Resources' return on equity.
97.8% of California Resources shares are owned by institutional investors. Comparatively, 91.8% of Permian Resources shares are owned by institutional investors. 0.0% of California Resources shares are owned by insiders. Comparatively, 12.8% of Permian Resources shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
California Resources has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.26, indicating that its share price is 326% more volatile than the S&P 500.
California Resources pays an annual dividend of $1.24 per share and has a dividend yield of 2.6%. Permian Resources pays an annual dividend of $0.24 per share and has a dividend yield of 1.6%. California Resources pays out 35.5% of its earnings in the form of a dividend. Permian Resources pays out 21.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
In the previous week, California Resources had 3 more articles in the media than Permian Resources. MarketBeat recorded 5 mentions for California Resources and 2 mentions for Permian Resources. Permian Resources' average media sentiment score of 1.75 beat California Resources' score of 0.58 indicating that Permian Resources is being referred to more favorably in the news media.
California Resources received 327 more outperform votes than Permian Resources when rated by MarketBeat users. Likewise, 61.04% of users gave California Resources an outperform vote while only 53.52% of users gave Permian Resources an outperform vote.
Summary
Permian Resources beats California Resources on 13 of the 21 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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