HKN (OTCMKTS:HKNI – Get Free Report) and CNX Resources (NYSE:CNX – Get Free Report) are both energy companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, profitability, institutional ownership and earnings.
Institutional & Insider Ownership
95.2% of CNX Resources shares are owned by institutional investors. 0.1% of HKN shares are owned by company insiders. Comparatively, 4.6% of CNX Resources shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Profitability
This table compares HKN and CNX Resources’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
HKN | N/A | N/A | N/A |
CNX Resources | 9.70% | 8.93% | 4.13% |
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
HKN | N/A | N/A | N/A | N/A | N/A |
CNX Resources | $1.27 billion | 3.26 | -$90.49 million | $0.59 | 49.48 |
HKN has higher earnings, but lower revenue than CNX Resources.
Analyst Ratings
This is a breakdown of recent ratings and price targets for HKN and CNX Resources, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
HKN | 0 | 0 | 0 | 0 | 0.00 |
CNX Resources | 7 | 8 | 1 | 0 | 1.63 |
CNX Resources has a consensus price target of $31.77, suggesting a potential upside of 8.82%. Given CNX Resources’ stronger consensus rating and higher possible upside, analysts clearly believe CNX Resources is more favorable than HKN.
Summary
CNX Resources beats HKN on 9 of the 9 factors compared between the two stocks.
About HKN
HKN, Inc. operates as an independent energy company. The company owns an oilfield emulsion breaking technology that purifies oilfield emulsions by breaking and separating the emulsions into oil, water, and solids. It also holds non-operated oil and gas leases and mineral interests in properties located in the Bakken and Niobrara shale oil plays; and rights to acreage in the Permian Basin of Texas. The company was founded in 1973 and is based in Southlake, Texas.
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.
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