Is CONSOL Coal Resources (CCR) Stock Outpacing Its Oils-Energy Peers This Year?

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. CONSOL Coal Resources is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of CCR and the rest of the Oils-Energy group's stocks.

CONSOL Coal Resources is one of 329 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CCR is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for CCR's full-year earnings has moved 10.87% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that CCR has returned about 20.83% since the start of the calendar year. At the same time, Oils-Energy stocks have gained an average of 2.84%. This means that CONSOL Coal Resources is outperforming the sector as a whole this year.

Looking more specifically, CCR belongs to the Coal industry, which includes 17 individual stocks and currently sits at #11 in the Zacks Industry Rank. On average, this group has lost an average of 2.35% so far this year, meaning that CCR is performing better in terms of year-to-date returns.

Investors with an interest in Oils-Energy stocks should continue to track CCR. The stock will be looking to continue its solid performance.

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