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Are Oils-Energy Stocks Lagging Consol Energy (CEIX) This Year?
CONSOL Energy CONSOL Energy (US:CEIX) ZACKSยท2024-11-26 15:41

Company Overview - Consol Energy (CEIX) is a notable stock in the Oils-Energy sector, currently holding a Zacks Rank of 1 (Strong Buy) indicating strong potential for outperformance [3] - The Zacks Consensus Estimate for CEIX's full-year earnings has increased by 1% over the past quarter, reflecting improved analyst sentiment and earnings outlook [4] Performance Comparison - Year-to-date, Consol Energy has returned 32.6%, significantly outperforming the average return of 10.1% for the Oils-Energy sector [4] - In contrast, another stock in the sector, Enerflex (EFXT), has achieved a year-to-date return of 100.9%, with a consensus EPS estimate increase of 49.1% over the past three months [5] Industry Context - Consol Energy is part of the Coal industry, which ranks 145 in the Zacks Industry Rank, with an average gain of 13.9% year-to-date, indicating that CEIX is outperforming its industry peers [6] - Enerflex belongs to the Oil and Gas - Exploration and Production - Canadian industry, currently ranked 82, which has seen a year-to-date increase of 4.5% [6] Sector Insights - The Oils-Energy sector consists of 240 individual stocks and is currently ranked 16 in the Zacks Sector Rank, which evaluates 16 different sector groups based on the average Zacks Rank of individual stocks [2] - Investors are encouraged to monitor both Consol Energy and Enerflex for their continued strong performance within the sector [7]