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CRC
Price
$56.57
Change
-$1.84 (-3.15%)
Updated
Nov 15 closing price
101 days until earnings call
MGY
Price
$26.85
Change
-$0.39 (-1.43%)
Updated
Nov 15 closing price
87 days until earnings call
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CRC vs MGY

Header iconCRC vs MGY Comparison
Open Charts CRC vs MGYBanner chart's image
California Resources
Price$56.57
Change-$1.84 (-3.15%)
Volume$595.35K
CapitalizationN/A
Magnolia Oil & Gas
Price$26.85
Change-$0.39 (-1.43%)
Volume$1.73M
CapitalizationN/A
CRC vs MGY Comparison Chart
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CRC
Daily Signalchanged days ago
Gain/Loss if shorted
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MGY
Daily Signalchanged days ago
Gain/Loss if shorted
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CRC vs. MGY commentary
Nov 18, 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 CRC is a StrongSell and MGY is a Sell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (CRC: $56.57 vs. MGY: $26.85)
Brand notoriety: CRC: Notable vs. MGY: Not notable
Both companies represent the Oil & Gas Production industry
Current volume relative to the 65-day Moving Average: CRC: 82% vs. MGY: 87%
Market capitalization -- CRC: $3.79B vs. MGY: $4.73B
CRC [@Oil & Gas Production] is valued at $3.79B. MGY’s [@Oil & Gas Production] market capitalization is $4.73B. 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 $3.97B.

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).

CRC’s FA Score shows that 1 FA rating(s) are green whileMGY’s FA Score has 2 green FA rating(s).

  • CRC’s FA Score: 1 green, 4 red.
  • MGY’s FA Score: 2 green, 3 red.
According to our system of comparison, MGY is a better buy in the long-term than CRC.

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.

CRC’s TA Score shows that 6 TA indicator(s) are bullish while MGY’s TA Score has 5 bullish TA indicator(s).

  • CRC’s TA Score: 6 bullish, 4 bearish.
  • MGY’s TA Score: 5 bullish, 3 bearish.
According to our system of comparison, both CRC and MGY are a good buy in the short-term.

Price Growth

CRC (@Oil & Gas Production) experienced а -0.63% price change this week, while MGY (@Oil & Gas Production) price change was -2.04% for the same time period.

The average weekly price growth across all stocks in the @Oil & Gas Production industry was -0.30%. For the same industry, the average monthly price growth was -0.36%, and the average quarterly price growth was -7.87%.

Reported Earning Dates

CRC is expected to report earnings on Feb 26, 2025.

MGY is expected to report earnings on Feb 12, 2025.

Industries' Descriptions

@Oil & Gas Production (-0.30% 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
MGY($4.73B) has a higher market cap than CRC($3.79B). MGY has higher P/E ratio than CRC: MGY (12.84) vs CRC (6.92). MGY YTD gains are higher at: 28.853 vs. CRC (5.521). CRC has higher annual earnings (EBITDA): 1.03B vs. MGY (875M). CRC has more cash in the bank: 496M vs. MGY (401M). MGY has less debt than CRC: MGY (393M) vs CRC (610M). CRC has higher revenues than MGY: CRC (2.81B) vs MGY (1.23B).
CRCMGYCRC / MGY
Capitalization3.79B4.73B80%
EBITDA1.03B875M118%
Gain YTD5.52128.85319%
P/E Ratio6.9212.8454%
Revenue2.81B1.23B229%
Total Cash496M401M124%
Total Debt610M393M155%
FUNDAMENTALS RATINGS
CRC vs MGY: Fundamental Ratings
CRC
MGY
OUTLOOK RATING
1..100
8469
VALUATION
overvalued / fair valued / undervalued
1..100
80
Overvalued
46
Fair valued
PROFIT vs RISK RATING
1..100
419
SMR RATING
1..100
7445
PRICE GROWTH RATING
1..100
4447
P/E GROWTH RATING
1..100
6617
SEASONALITY SCORE
1..100
4550

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.

MGY's Valuation (46) in the Oil And Gas Production industry is somewhat better than the same rating for CRC (80). This means that MGY’s stock grew somewhat faster than CRC’s over the last 12 months.

CRC's Profit vs Risk Rating (4) in the Oil And Gas Production industry is in the same range as MGY (19). This means that CRC’s stock grew similarly to MGY’s over the last 12 months.

MGY's SMR Rating (45) in the Oil And Gas Production industry is in the same range as CRC (74). This means that MGY’s stock grew similarly to CRC’s over the last 12 months.

CRC's Price Growth Rating (44) in the Oil And Gas Production industry is in the same range as MGY (47). This means that CRC’s stock grew similarly to MGY’s over the last 12 months.

MGY's P/E Growth Rating (17) in the Oil And Gas Production industry is somewhat better than the same rating for CRC (66). This means that MGY’s stock grew somewhat faster than CRC’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CRCMGY
RSI
ODDS (%)
Bearish Trend 3 days ago
70%
N/A
Stochastic
ODDS (%)
Bearish Trend 3 days ago
72%
Bearish Trend 3 days ago
77%
Momentum
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
84%
MACD
ODDS (%)
Bullish Trend 3 days ago
79%
Bullish Trend 3 days ago
80%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
74%
Bearish Trend 3 days ago
72%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
70%
Bullish Trend 3 days ago
74%
Advances
ODDS (%)
Bullish Trend 7 days ago
76%
Bullish Trend 7 days ago
73%
Declines
ODDS (%)
Bearish Trend 5 days ago
75%
Bearish Trend 5 days ago
76%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
79%
Bearish Trend 3 days ago
66%
Aroon
ODDS (%)
Bullish Trend 3 days ago
69%
Bullish Trend 3 days ago
69%
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CRC
Daily Signalchanged days ago
Gain/Loss if shorted
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MGY
Daily Signalchanged days ago
Gain/Loss if shorted
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CRC and

Correlation & Price change

A.I.dvisor indicates that over the last year, CRC has been loosely correlated with NOG. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if CRC jumps, then NOG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CRC
1D Price
Change %
CRC100%
-3.15%
NOG - CRC
63%
Loosely correlated
-0.98%
VET - CRC
59%
Loosely correlated
-0.70%
MGY - CRC
59%
Loosely correlated
-1.43%
MTDR - CRC
59%
Loosely correlated
-2.06%
DVN - CRC
59%
Loosely correlated
-2.31%
More

MGY and

Correlation & Price change

A.I.dvisor indicates that over the last year, MGY has been closely correlated with MTDR. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if MGY jumps, then MTDR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGY
1D Price
Change %
MGY100%
-1.43%
MTDR - MGY
87%
Closely correlated
-2.06%
MUR - MGY
85%
Closely correlated
-2.49%
NOG - MGY
85%
Closely correlated
-0.98%
CHRD - MGY
84%
Closely correlated
-2.76%
DVN - MGY
82%
Closely correlated
-2.31%
More