California Resources (NYSE:CRC – Get Free Report) and enCore Energy (NASDAQ:EU – Get Free Report) are both energy companies, but which is the better business? We will contrast the two companies based on the strength of their risk, profitability, earnings, dividends, analyst recommendations, valuation and institutional ownership.
Analyst Recommendations
This is a summary of recent recommendations for California Resources and enCore Energy, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| California Resources | 0 | 3 | 9 | 1 | 2.85 |
| enCore Energy | 1 | 1 | 2 | 1 | 2.60 |
California Resources currently has a consensus price target of $74.44, indicating a potential upside of 37.18%. enCore Energy has a consensus price target of $2.90, indicating a potential upside of 248.16%. Given enCore Energy’s higher possible upside, analysts plainly believe enCore Energy is more favorable than California Resources.
Profitability
This table compares California Resources and enCore Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| California Resources | -3.79% | 9.82% | 4.65% |
| enCore Energy | -112.82% | -28.00% | -17.09% |
Institutional and Insider Ownership
97.8% of California Resources shares are owned by institutional investors. Comparatively, 20.9% of enCore Energy shares are owned by institutional investors. 0.5% of California Resources shares are owned by company insiders. Comparatively, 3.0% of enCore Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Earnings and Valuation
This table compares California Resources and enCore Energy”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| California Resources | $3.67 billion | 1.31 | $363.00 million | ($1.36) | -39.90 |
| enCore Energy | $43.15 million | 3.75 | -$56.86 million | ($0.33) | -2.52 |
California Resources has higher revenue and earnings than enCore Energy. California Resources is trading at a lower price-to-earnings ratio than enCore Energy, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
California Resources has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500. Comparatively, enCore Energy has a beta of 2.16, meaning that its share price is 116% more volatile than the S&P 500.
Summary
California Resources beats enCore Energy on 8 of the 14 factors compared between the two stocks.
About California Resources
California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the wholesale power market and utility sector; and developing various carbon capture and storage projects in California. The company was incorporated in 2014 and is based in Long Beach, California.
About enCore Energy
enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico. In addition, it holds interest in the White Canyon District and Utah property package, including the Geitus, Blue Jay, Marcy Look, and Cedar Mountain projects located to the northwest of the White Mesa Mill at Blanding County, Utah. Further, the company holds a 100% interest in Dewey Burdock project comprises approximately 12,613 surface acres and 16,962 net mineral acres located in South Dakota; Gas Hills project consists of approximately 1,280 surface acres and 12,960 net mineral acres of unpatented lode mining claims located in Wyoming; and West Largo project consist of approximately 3,840 acres located in McKinley County, New Mexico. Additionally, it holds a 100% interest in Ambrosia Lake – Treeline property consists of deeded mineral rights totaling 24,555 acres and unpatented mining claims covering approximately 1,700 acres; and Checkerboard mineral rights covering a land position of approximately 300,000 acres located in the Grants Uranium District. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. is headquartered in Corpus Christi, Texas.
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