NOG vs. CRC, CPE, CEIX, HESM, WES, EGY, PHX, MTR, CHKEZ, and CHKEW
Should you be buying Northern Oil and Gas stock or one of its competitors? The main competitors of Northern Oil and Gas include California Resources (CRC), Callon Petroleum (CPE), CONSOL Energy (CEIX), Hess Midstream (HESM), Western Midstream Partners (WES), VAALCO Energy (EGY), PHX Minerals (PHX), Mesa Royalty Trust (MTR), Chesapeake Energy (CHKEZ), and Chesapeake Energy (CHKEW).
California Resources (NYSE:CRC) and Northern Oil and Gas (NYSE:NOG) are both mid-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, media sentiment, valuation, community ranking, earnings, institutional ownership, analyst recommendations, risk and profitability.
California Resources received 337 more outperform votes than Northern Oil and Gas when rated by MarketBeat users. Likewise, 60.97% of users gave California Resources an outperform vote while only 34.18% of users gave Northern Oil and Gas an outperform vote.
97.8% of California Resources shares are owned by institutional investors. Comparatively, 98.8% of Northern Oil and Gas shares are owned by institutional investors. 0.0% of California Resources shares are owned by company insiders. Comparatively, 2.8% of Northern Oil and Gas shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Northern Oil and Gas has lower revenue, but higher earnings than California Resources. Northern Oil and Gas is trading at a lower price-to-earnings ratio than California Resources, indicating that it is currently the more affordable of the two stocks.
Northern Oil and Gas has a net margin of 42.61% compared to Northern Oil and Gas' net margin of 20.14%. California Resources' return on equity of 40.86% beat Northern Oil and Gas' return on equity.
California Resources has a beta of 1.02, suggesting that its share price is 2% more volatile than the S&P 500. Comparatively, Northern Oil and Gas has a beta of 1.86, suggesting that its share price is 86% more volatile than the S&P 500.
California Resources currently has a consensus price target of $63.57, suggesting a potential upside of 15.79%. Northern Oil and Gas has a consensus price target of $47.30, suggesting a potential upside of 9.36%. Given Northern Oil and Gas' higher possible upside, analysts clearly believe California Resources is more favorable than Northern Oil and Gas.
In the previous week, Northern Oil and Gas had 4 more articles in the media than California Resources. MarketBeat recorded 12 mentions for Northern Oil and Gas and 8 mentions for California Resources. Northern Oil and Gas' average media sentiment score of 0.69 beat California Resources' score of 0.56 indicating that California Resources is being referred to more favorably in the media.
California Resources pays an annual dividend of $1.24 per share and has a dividend yield of 2.3%. Northern Oil and Gas pays an annual dividend of $1.60 per share and has a dividend yield of 3.7%. California Resources pays out 16.1% of its earnings in the form of a dividend. Northern Oil and Gas pays out 15.9% 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 has raised its dividend for 3 consecutive years and Northern Oil and Gas has raised its dividend for 2 consecutive years. Northern Oil and Gas is clearly the better dividend stock, given its higher yield and lower payout ratio.
Summary
Northern Oil and Gas beats California Resources on 15 of the 22 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NOG 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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