Which Is a Better Investment, CNX Resources Corp or Crescent Energy Co Stock?

Sifting through countless of stocks in the Oil & Gas – Exploration and Production industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Crescent Energy Co or CNX Resources Corp because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Crescent Energy Co and CNX Resources Corp compare based on key financial metrics to determine which better meets your investment needs.

About Crescent Energy Co and CNX Resources Corp

Crescent Energy Company is an independent energy company. The Company is engaged in the acquiring and developing a portfolio of energy assets. Its asset bases include oil and natural gas assets in onshore United States basins, such as the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. The Company has a portfolio of assets in various regions across the United States in approximately 48 states, primarily focused on Texas and the Rockies. Its portfolio includes oil and natural gas assets, and operations are located onshore in the United States basins, such as the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. The Company seeks to invest in energy assets and deliver operations.

CNX Resources Corporation is an independent natural gas and midstream company. The Company is primarily engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. Its principal activity is to produce pipeline natural gas for sale primarily to gas wholesalers. Additionally, the Company operates and develops coal bed methane (CBM) properties in Virginia. The Company?s segment includes Shale and Coalbed Methane (CBM). Its Shale properties extract natural gas from Shale formations in Pennsylvania, West Virginia, and Ohio from approximately 526,000 net Marcellus Shale acres and approximately 610,000 net Utica Shale acres. It extracts CBM in Virginia from approximately 278,000 net CBM acres in Central Appalachia. It also extracts natural gas from other shale and shallow oil and gas positions primarily in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia from approximately 1,003,000 net acres.

Latest Oil & Gas – Exploration and Production and Crescent Energy Co, CNX Resources Corp Stock News

As of April 18, 2023, Crescent Energy Co had a $2.0 billion market capitalization, compared to the Oil & Gas – Exploration and Production median of $628.7 million. Crescent Energy Co’s stock is NA in 2023, NA in the previous five trading days and down 38.68% in the past year.

Currently, Crescent Energy Co’s price-earnings ratio is 20.2. Crescent Energy Co’s trailing 12-month revenue is $3.1 billion with a 3.2% net profit margin. Year-over-year quarterly sales growth most recently was 47.8%. Analysts expect adjusted earnings to reach $1.563 per share for the current fiscal year. Crescent Energy Co currently has a 5.8% dividend yield.

Currently, CNX Resources Corp does not have a price-earnings ratio. CNX Resources Corp’s trailing 12-month revenue is $3.8 billion with a -3.7% net profit margin. Year-over-year quarterly sales growth most recently was -4.8%. Analysts expect adjusted earnings to reach $1.745 per share for the current fiscal year. CNX Resources Corp does not currently pay a dividend.

How We Compare Crescent Energy Co and CNX Resources Corp Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Crescent Energy Co and CNX Resources Corp’s stock grades to see how they measure up against one another.

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Crescent Energy Co and CNX Resources Corp Growth Grades

Company Ticker Growth
Crescent Energy Co CRGY D
CNX Resources Corp CNX C

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Crescent Energy Co has a Growth Score of 39, which is Weak.
CNX Resources Corp has a Growth Score of 58, which is Average.

The Growth Stock Winner: No Clear Winner

Neither Crescent Energy Co or CNX Resources Corp has a high enough Growth Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Crescent Energy Co or CNX Resources Corp is the better investment when it comes to sustainable growth.

Crescent Energy Co and CNX Resources Corp’s Quality Grades

Company Ticker Quality
Crescent Energy Co CRGY C
CNX Resources Corp CNX B

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Crescent Energy Co has a Quality Score of 51, which is Average.
CNX Resources Corp has a Quality Score of 76, which is Strong.

The Quality Grade Winner: CNX Resources Corp

As you can clearly see from the Quality Grade breakdown above, CNX Resources Corp has a better overall quality grade than Crescent Energy Co. For investors who are looking for companies with higher quality than others in the same industry, CNX Resources Corp could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Crescent Energy Co and CNX Resources Corp’s Estimate Revisions Grades

Company Ticker Earnings Estimate
Crescent Energy Co CRGY C
CNX Resources Corp CNX D

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Crescent Energy Co has a Earnings Estimate Score of 56, which is Neutral.
CNX Resources Corp has a Earnings Estimate Score of 31, which is Negative.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Crescent Energy Co or CNX Resources Corp has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Crescent Energy Co or CNX Resources Corp is the better investment when it comes to estimate revisions.

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Other Crescent Energy Co and CNX Resources Corp Grades

In addition to Quality, Estimate Revisions and Growth, A+ Investor also provides grades for Value and Momentum.

Invest with Confidence with A+ Investor

AAII’s expansive and robust screening tools like A+ Investor help investors make confident decisions.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Crescent Energy Co and CNX Resources Corp pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Crescent Energy Co or CNX Resources Corp Stock?

Overall, Crescent Energy Co stock has a Growth Score of 39, Estimate Revisions Score of 56 and Quality Score of 51.

CNX Resources Corp stock has a Growth Score of 58, Estimate Revisions Score of 31 and Quality Score of 76.

Comparing Crescent Energy Co and CNX Resources Corp’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

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AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.