CRC vs. CNX, VIST, ERF, BSM, NOG, SSL, KOS, CRK, TALO, and MGY
Should you be buying California Resources stock or one of its competitors? The main competitors of California Resources include CNX Resources (CNX), Vista Energy (VIST), Enerplus (ERF), Black Stone Minerals (BSM), Northern Oil and Gas (NOG), Sasol (SSL), Kosmos Energy (KOS), Comstock Resources (CRK), Talos Energy (TALO), and Magnolia Oil & Gas (MGY). These companies are all part of the "crude petroleum & natural gas" industry.
California Resources (NYSE:CRC) and CNX Resources (NYSE:CNX) are both mid-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, community ranking, earnings, dividends, media sentiment, risk and analyst recommendations.
California Resources has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, CNX Resources has a beta of 1.36, indicating that its share price is 36% more volatile than the S&P 500.
CNX Resources has lower revenue, but higher 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.
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.
97.8% of California Resources shares are held by institutional investors. Comparatively, 95.2% of CNX Resources shares are held by institutional investors. 0.0% of California Resources shares are held by insiders. Comparatively, 3.1% of CNX Resources shares are held 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.
California Resources pays an annual dividend of $1.24 per share and has a dividend yield of 2.4%. CNX Resources pays an annual dividend of $0.1250 per share and has a dividend yield of 0.5%. California Resources pays out 16.1% of its earnings in the form of a dividend. CNX Resources pays out 2.3% 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.
California Resources presently has a consensus price target of $63.57, suggesting a potential upside of 23.44%. CNX Resources has a consensus price target of $24.43, suggesting a potential upside of 5.34%. Given California Resources' stronger consensus rating and higher possible upside, equities research analysts clearly believe California Resources is more favorable than CNX Resources.
In the previous week, CNX Resources had 7 more articles in the media than California Resources. MarketBeat recorded 12 mentions for CNX Resources and 5 mentions for California Resources. California Resources' average media sentiment score of 0.51 beat CNX Resources' score of 0.37 indicating that California Resources is being referred to more favorably in the media.
Summary
California Resources beats CNX Resources on 11 of the 20 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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