Financial Survey: Northern Oil and Gas (NYSE:NOG) and Carbon Energy (OTCMKTS:CRBO)

Northern Oil and Gas (NYSE:NOG) and Carbon Energy (OTCMKTS:CRBO) are both energy companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, profitability, institutional ownership, valuation and earnings.

Insider and Institutional Ownership

98.8% of Northern Oil and Gas shares are held by institutional investors. 2.9% of Northern Oil and Gas shares are held by company insiders. Comparatively, 7.1% of Carbon Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Northern Oil and Gas and Carbon Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Northern Oil and Gas	7.61%	20.61%	8.60%
Carbon Energy	N/A	N/A	N/A

Valuation and Earnings

This table compares Northern Oil and Gas and Carbon Energy”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Northern Oil and Gas	$2.23 billion	1.11	$520.31 million	$1.77	14.29
Carbon Energy	N/A	N/A	N/A	N/A	N/A

Northern Oil and Gas has higher revenue and earnings than Carbon Energy.

Volatility & Risk

Northern Oil and Gas has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, Carbon Energy has a beta of -1.99, suggesting that its share price is 299% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current recommendations for Northern Oil and Gas and Carbon Energy, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Northern Oil and Gas	1	5	3	1	2.40
Carbon Energy	0	0	0	0	0.00

Northern Oil and Gas presently has a consensus price target of $29.29, suggesting a potential upside of 15.75%. Given Northern Oil and Gas’ stronger consensus rating and higher probable upside, research analysts clearly believe Northern Oil and Gas is more favorable than Carbon Energy.

Summary

Northern Oil and Gas beats Carbon Energy on 10 of the 11 factors compared between the two stocks.

About Northern Oil and Gas

Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. The company is based in Minnetonka, Minnesota.

About Carbon Energy

Carbon Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids properties in the United States. It focuses on conventional and unconventional reservoirs, including shale, tight sand, and coalbed methane located in the Appalachian, Illinois, and Ventura Basins. It owns working interests and royalty interests in wells located in California, Illinois, Indiana, Kentucky, Ohio, Tennessee, Virginia, and West Virginia, as well as had leasehold positions. The company was formerly known as Carbon Natural Gas Company and changed its name to Carbon Energy Corporation in June 2018. Carbon Energy Corporation was founded in 2007 and is based in Denver, Colorado.