Northern Oil and Gas (NYSE:NOG) vs. Carbon Energy (OTCMKTS:CRBO) Head to Head Survey

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

Volatility & Risk

Carbon Energy has a beta of -1.91, indicating that its stock price is 291% less volatile than the S&P 500. Comparatively, Northern Oil and Gas has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current recommendations and price targets for Carbon Energy and Northern Oil and Gas, as reported by MarketBeat.com.

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

Northern Oil and Gas has a consensus target price of $29.29, suggesting a potential upside of 17.78%. Given Northern Oil and Gas’ stronger consensus rating and higher probable upside, analysts plainly believe Northern Oil and Gas is more favorable than Carbon Energy.

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Carbon Energy	N/A	N/A	N/A	N/A	N/A
Northern Oil and Gas	$2.23 billion	1.09	$520.31 million	$1.77	14.05

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

Profitability

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

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

Insider & Institutional Ownership

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

Summary

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

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.

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.