CNX Resources (NYSE:CNX) vs. Obsidian Energy (OTCMKTS:OBELF) Head-To-Head Comparison

Obsidian Energy (OTCMKTS:OBELF) and CNX Resources (NYSE:CNX) are both energy companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk.

Profitability

This table compares Obsidian Energy and CNX Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Obsidian Energy	99.13%	78.07%	35.32%
CNX Resources	-7.14%	6.72%	3.31%

Valuation & Earnings

This table compares Obsidian Energy and CNX Resources”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Obsidian Energy	$220.00 million	2.19	-$576.07 million	$4.17	1.43
CNX Resources	$1.44 billion	3.23	-$90.49 million	($0.68)	-46.44

CNX Resources has higher revenue and earnings than Obsidian Energy. CNX Resources is trading at a lower price-to-earnings ratio than Obsidian Energy, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

0.0% of Obsidian 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 insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Volatility and Risk

Obsidian Energy has a beta of 2.47, suggesting that its stock price is 147% more volatile than the S&P 500. Comparatively, CNX Resources has a beta of 1.26, suggesting that its stock price is 26% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Obsidian Energy and CNX Resources, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Obsidian Energy	0	0	0	0	0.00
CNX Resources	8	6	1	0	1.53

CNX Resources has a consensus price target of $30.69, suggesting a potential downside of 2.80%. Given CNX Resources’ stronger consensus rating and higher probable upside, analysts plainly believe CNX Resources is more favorable than Obsidian Energy.

Summary

CNX Resources beats Obsidian Energy on 8 of the 14 factors compared between the two stocks.

About Obsidian Energy

Obsidian Energy Ltd. is an exploration and production company. The firm engages in exploring, developing, and holds interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. Its property portfolio includes Cardium, Viking, and Peace River. The company was founded on December 27, 1979 and is headquartered in Calgary, Canada.

About CNX Resources

CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of 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 from shale properties in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas formations 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.