CHK
Price
$71.08
Change
+$0.36 (+0.51%)
Updated
Sep 11, 11:56 AM (EDT)
49 days until earnings call
CNX
Price
$26.91
Change
+$0.14 (+0.52%)
Updated
Sep 11, 11:56 AM (EDT)
43 days until earnings call
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CHK vs CNX

Header iconCHK vs CNX Comparison
Open Charts CHK vs CNXBanner chart's image
Chesapeake Energy
Price$71.08
Change+$0.36 (+0.51%)
Volume$500
CapitalizationN/A
CNX Resources
Price$26.91
Change+$0.14 (+0.52%)
Volume$662
CapitalizationN/A
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CHK vs CNX Comparison Chart
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CHK
Daily Signalchanged days ago
Gain/Loss if shorted
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CNX
Daily Signalchanged days ago
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VS
CHK vs. CNX commentary
Sep 11, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CHK is a StrongBuy and CNX is a Buy.

COMPARISON
Comparison
Sep 11, 2024
Stock price -- (CHK: $70.72 vs. CNX: $26.77)
Brand notoriety: CHK: Notable vs. CNX: Not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: CHK: 79% vs. CNX: 69%
Market capitalization -- CHK: $11.74B vs. CNX: $3.63B
CHK [@Oil & Gas Production] is valued at $11.74B. CNX’s [@Oil & Gas Production] market capitalization is $3.63B. The market cap for tickers in the [@Oil & Gas Production] industry ranges from $151.38B to $0. The average market capitalization across the [@Oil & Gas Production] industry is $3.93B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CHK’s FA Score shows that 2 FA rating(s) are green whileCNX’s FA Score has 2 green FA rating(s).

  • CHK’s FA Score: 2 green, 3 red.
  • CNX’s FA Score: 2 green, 3 red.
According to our system of comparison, CNX is a better buy in the long-term than CHK.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CHK’s TA Score shows that 5 TA indicator(s) are bullish while CNX’s TA Score has 5 bullish TA indicator(s).

  • CHK’s TA Score: 5 bullish, 4 bearish.
  • CNX’s TA Score: 5 bullish, 3 bearish.
According to our system of comparison, CNX is a better buy in the short-term than CHK.

Price Growth

CHK (@Oil & Gas Production) experienced а -2.04% price change this week, while CNX (@Oil & Gas Production) price change was -1.29% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was -3.33%. For the same industry, the average monthly price growth was -5.30%, and the average quarterly price growth was -4.81%.

Reported Earning Dates

CHK is expected to report earnings on Oct 30, 2024.

CNX is expected to report earnings on Oct 24, 2024.

Industries' Descriptions

@Oil & Gas Production (-3.33% weekly)

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CHK($11.7B) has a higher market cap than CNX($3.63B). CHK has higher P/E ratio than CNX: CHK (5.30) vs CNX (2.67). CNX YTD gains are higher at: 33.850 vs. CHK (-6.105). CHK has higher annual earnings (EBITDA): 4.76B vs. CNX (2.8B). CHK has more cash in the bank: 1.08B vs. CNX (443K). CHK has less debt than CNX: CHK (2.11B) vs CNX (2.37B). CHK has higher revenues than CNX: CHK (7.78B) vs CNX (1.51B).
CHKCNXCHK / CNX
Capitalization11.7B3.63B322%
EBITDA4.76B2.8B170%
Gain YTD-6.10533.850-18%
P/E Ratio5.302.67199%
Revenue7.78B1.51B516%
Total Cash1.08B443K243,567%
Total Debt2.11B2.37B89%
FUNDAMENTALS RATINGS
CHK vs CNX: Fundamental Ratings
CHK
CNX
OUTLOOK RATING
1..100
576
VALUATION
overvalued / fair valued / undervalued
1..100
47
Fair valued
70
Overvalued
PROFIT vs RISK RATING
1..100
2010
SMR RATING
1..100
8562
PRICE GROWTH RATING
1..100
7846
P/E GROWTH RATING
1..100
14
SEASONALITY SCORE
1..100
n/a50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CHK's Valuation (47) in the Oil And Gas Production industry is in the same range as CNX (70) in the Integrated Oil industry. This means that CHK’s stock grew similarly to CNX’s over the last 12 months.

CNX's Profit vs Risk Rating (10) in the Integrated Oil industry is in the same range as CHK (20) in the Oil And Gas Production industry. This means that CNX’s stock grew similarly to CHK’s over the last 12 months.

CNX's SMR Rating (62) in the Integrated Oil industry is in the same range as CHK (85) in the Oil And Gas Production industry. This means that CNX’s stock grew similarly to CHK’s over the last 12 months.

CNX's Price Growth Rating (46) in the Integrated Oil industry is in the same range as CHK (78) in the Oil And Gas Production industry. This means that CNX’s stock grew similarly to CHK’s over the last 12 months.

CHK's P/E Growth Rating (1) in the Oil And Gas Production industry is in the same range as CNX (4) in the Integrated Oil industry. This means that CHK’s stock grew similarly to CNX’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CHKCNX
RSI
ODDS (%)
Bullish Trend 1 day ago
80%
N/A
Stochastic
ODDS (%)
Bullish Trend 1 day ago
79%
Bullish Trend 1 day ago
85%
Momentum
ODDS (%)
Bearish Trend 1 day ago
62%
Bearish Trend 1 day ago
63%
MACD
ODDS (%)
Bullish Trend 1 day ago
72%
Bearish Trend 1 day ago
63%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
66%
Bearish Trend 1 day ago
68%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
65%
Bullish Trend 1 day ago
75%
Advances
ODDS (%)
Bullish Trend 13 days ago
67%
Bullish Trend 7 days ago
77%
Declines
ODDS (%)
Bearish Trend 3 days ago
68%
Bearish Trend 3 days ago
69%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
64%
Bullish Trend 7 days ago
69%
Aroon
ODDS (%)
Bearish Trend 1 day ago
75%
Bullish Trend 1 day ago
73%
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CHK
Daily Signalchanged days ago
Gain/Loss if shorted
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CNX
Daily Signalchanged days ago
Gain/Loss if shorted
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CHK and

Correlation & Price change

A.I.dvisor indicates that over the last year, CHK has been closely correlated with SWN. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if CHK jumps, then SWN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CHK
1D Price
Change %
CHK100%
+0.58%
SWN - CHK
85%
Closely correlated
+0.33%
RRC - CHK
81%
Closely correlated
+0.75%
AR - CHK
77%
Closely correlated
+0.32%
CRK - CHK
74%
Closely correlated
+4.31%
EQT - CHK
74%
Closely correlated
+0.66%
More

CNX and

Correlation & Price change

A.I.dvisor indicates that over the last year, CNX has been closely correlated with RRC. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if CNX jumps, then RRC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CNX
1D Price
Change %
CNX100%
+0.19%
RRC - CNX
75%
Closely correlated
+0.75%
CHK - CNX
74%
Closely correlated
+0.58%
CTRA - CNX
72%
Closely correlated
-0.79%
EQT - CNX
71%
Closely correlated
+0.66%
AR - CNX
71%
Closely correlated
+0.32%
More