CNX Resources (CNX) Competitors

$23.52
-0.63 (-2.61%)
(As of 04/30/2024 ET)

CNX vs. CRC, BSM, VIST, ERF, NOG, SSL, KOS, CRK, 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), Vista Energy (VIST), Enerplus (ERF), Northern Oil and Gas (NOG), Sasol (SSL), Kosmos Energy (KOS), Comstock Resources (CRK), 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 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.

CNX Resources has a net margin of 40.44% compared to California Resources' net margin of 20.14%. California Resources' return on equity of 17.57% beat CNX Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
CNX Resources40.44% 7.68% 3.72%
California Resources 20.14%17.57%9.39%

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$3.47B1.04$1.72B$5.524.26
California Resources$2.80B1.30$564M$7.726.85

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 insiders. Comparatively, 0.6% of California Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

CNX Resources received 452 more outperform votes than California Resources when rated by MarketBeat users. Likewise, 70.65% of users gave CNX Resources an outperform vote while only 60.97% of users gave California Resources an outperform vote.

CompanyUnderperformOutperform
CNX ResourcesOutperform Votes
816
70.65%
Underperform Votes
339
29.35%
California ResourcesOutperform Votes
364
60.97%
Underperform Votes
233
39.03%

CNX Resources has a beta of 1.33, indicating that its share price is 33% more volatile than the S&P 500. Comparatively, California Resources has a beta of 1.02, indicating that its share price is 2% more volatile than the S&P 500.

CNX Resources currently has a consensus target price of $24.43, suggesting a potential upside of 3.86%. California Resources has a consensus target price of $63.57, suggesting a potential upside of 20.26%. 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

In the previous week, CNX Resources had 16 more articles in the media than California Resources. MarketBeat recorded 23 mentions for CNX Resources and 7 mentions for California Resources. California Resources' average media sentiment score of 0.53 beat CNX Resources' score of 0.05 indicating that California Resources is being referred to more favorably in the news media.

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

Summary

California Resources beats CNX Resources on 10 of the 18 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$3.60B$9.00B$7.96B$17.28B
Dividend YieldN/A17.16%11.39%3.54%
P/E Ratio4.269.4018.3024.97
Price / Sales1.044.8990.0610.27
Price / Cash4.766.9010.9615.39
Price / Book0.861.903.464.96
Net Income$1.72B$1.25B$991.47M$963.13M
7 Day Performance-2.29%-1.58%-1.14%-1.01%
1 Month Performance-0.84%1.79%-0.04%-4.85%
1 Year Performance51.45%12.10%4.86%93.40%

CNX Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRC
California Resources
3.4665 of 5 stars
$55.76
+1.5%
$63.57
+14.0%
+37.1%$3.83B$2.80B7.22970Upcoming Earnings
Short Interest ↓
News Coverage
BSM
Black Stone Minerals
2.1762 of 5 stars
$15.75
+0.8%
$19.33
+22.8%
-1.9%$3.31B$592.22M8.422,020Upcoming Earnings
VIST
Vista Energy
3.0947 of 5 stars
$44.16
+1.4%
$50.00
+13.2%
+108.2%$4.10B$1.17B11.12299Short Interest ↓
ERF
Enerplus
2.8344 of 5 stars
$20.28
+0.6%
$21.69
+7.0%
+36.2%$4.14B$1.69B9.66404Upcoming Earnings
Analyst Downgrade
Short Interest ↑
News Coverage
NOG
Northern Oil and Gas
4.0981 of 5 stars
$43.11
+1.1%
$47.00
+9.0%
+31.3%$4.36B$2.17B4.2938
SSL
Sasol
3.974 of 5 stars
$7.17
-9.6%
N/A-45.1%$4.55B$16.30B0.0029,073Gap Down
High Trading Volume
KOS
Kosmos Energy
4.4263 of 5 stars
$5.83
-0.7%
$9.63
+65.2%
-7.7%$2.77B$1.70B13.25243Upcoming Earnings
News Coverage
CRK
Comstock Resources
2.2329 of 5 stars
$9.77
+0.4%
$9.67
-1.1%
-9.6%$2.72B$1.57B12.86251Upcoming Earnings
Analyst Upgrade
Short Interest ↑
News Coverage
TALO
Talos Energy
4.7867 of 5 stars
$13.75
+1.3%
$21.19
+54.1%
+2.9%$2.53B$1.46B8.48600Upcoming Earnings
AESI
Atlas Energy Solutions
4.2028 of 5 stars
$22.60
+1.4%
$25.17
+11.4%
+29.2%$2.26B$613.96M14.39490Upcoming Earnings
Positive News

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This page (NYSE:CNX) was last updated on 4/30/2024 by MarketBeat.com Staff

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