Pengrowth Energy (OTCMKTS:PGHEF – Get Free Report) and CNX Resources (NYSE:CNX – Get Free Report) are both oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, risk, valuation, institutional ownership, earnings and profitability.
Risk and Volatility
Pengrowth Energy has a beta of 1.99, meaning that its stock price is 99% more volatile than the S&P 500. Comparatively, CNX Resources has a beta of 1.36, meaning that its stock price is 36% more volatile than the S&P 500.
This table compares Pengrowth Energy and CNX Resources’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Valuation & Earnings
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Pengrowth Energy||$408.45 million||0.06||-$431.50 million||N/A||N/A|
|CNX Resources||$1.26 billion||2.84||-$142.08 million||$9.48||2.34|
CNX Resources has higher revenue and earnings than Pengrowth Energy.
Insider & Institutional Ownership
0.5% of Pengrowth Energy shares are held by institutional investors. Comparatively, 95.2% of CNX Resources shares are held by institutional investors. 3.1% of CNX Resources shares are held 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.
This is a breakdown of recent ratings for Pengrowth Energy and CNX Resources, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
CNX Resources has a consensus price target of $20.40, suggesting a potential downside of 7.94%. Given CNX Resources’ higher probable upside, analysts plainly believe CNX Resources is more favorable than Pengrowth Energy.
CNX Resources beats Pengrowth Energy on 9 of the 10 factors compared between the two stocks.
About Pengrowth Energy
Pengrowth Energy Corporation, a resource company, explores for, develops, and produces oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids. Its principal producing properties are the Lindbergh thermal property covering an area of 20,800 net acres located in Alberta; and Groundbirch property totaling an area of 12,536 net acres located to the south west of Fort St. John, British Columbia. As of December 31, 2018, the company had 269 net producing oil and natural gas wells; and 586 net non-producing wells, as well as total proved plus probable reserves of 446.6 millions of barrels of oil equivalent. Pengrowth Energy Corporation was founded in 1988 and is headquartered in Calgary, Canada.
About CNX Resources
CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas positions in Illinois, Indiana, New York, and Virginia. It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,600 miles of natural gas gathering pipelines, as well as various natural gas processing facilities. It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.
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