CNX Resources Corporation. (CNX) vs Comstock Resources, Inc. (CRK)

CNX Resources Corporation. and Comstock Resources, Inc. are both Oil & Gas E&P companies. CNX Resources Corporation. is the larger, with a market value of $4.9B against $4.0B — 1.2× the size. CNX Resources Corporation. trades at the lower P/E: 4.9× against 7.3×. CNX Resources Corporation. grew revenue faster over the last twelve months: 61.9% against 31.6%. CNX Resources Corporation. has the higher net margin (36.5% vs 23.3%) and the higher return on invested capital (11.2% vs 6.31%). Across the 20 metrics below, CNX Resources Corporation. leads on 17 and Comstock Resources, Inc. on 3.

Valuation

Metric CNX CRK Oil & Gas E&P median
P/E 4.88 7.33 10.57
P/S 1.87 1.76 1.80
P/B 1.00 1.21 1.27
Price to free cash flow 7.72 n/m 9.99
EV/EBITDA 3.97 5.49 5.08
EV/Sales 2.81 3.18 2.39
Earnings yield 20.49% 13.64% 6.06%
Free cash flow yield 12.95% (7.53%) 6.17%

Profitability

Metric CNX CRK Oil & Gas E&P median
Gross margin 82.95% 99.00% 80.41%
Operating margin 48.66% 28.82% 21.39%
Net margin 36.52% 23.34% 14.17%
Free cash flow margin 24.20% (13.22%) 9.71%
Return on equity 21.25% 18.16% 10.05%
Return on assets 10.48% 7.15% 5.81%
Return on invested capital 11.16% 6.31% 6.32%

Growth

Metric CNX CRK Oil & Gas E&P median
Revenue growth (TTM) 61.90% 31.59% 9.94%
EPS growth (last fiscal year) 763.33% 288.16% —
Revenue growth, 5-year CAGR 12.22% 20.94% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CNX CRK Oil & Gas E&P median
Debt to equity 0.46 0.98 0.28
Current ratio 0.72 0.48 0.96
Net debt to EBITDA 1.65 2.14 0.91

Dividend

Metric CNX CRK Oil & Gas E&P median
Dividend yield — 4.44% 4.93%
Payout ratio 0.00 0.11 0.07

Size

Metric CNX CRK Oil & Gas E&P median
Market cap 4.94b 3.98b 923.59m

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