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Is CONSOL Coal Resources (CCR) Outperforming Other Oils-Energy Stocks This Year?

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Investors focused on the Oils-Energy space have likely heard of CONSOL Coal Resources , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

CONSOL Coal Resources is a member of our Oils-Energy group, which includes 328 different companies and currently sits 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 12.16% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, CCR has moved about 25.24% on a year-to-date basis. In comparison, Oils-Energy companies have returned an average of 1.56%. This shows that CONSOL Coal Resources is outperforming its peers so far this year.

Looking more specifically, CCR belongs to the Coal industry, a group that includes 16 individual stocks and currently sits at #15 in the Zacks Industry Rank. On average, stocks in this group have lost 2.68% this year, meaning that CCR is performing better in terms of year-to-date returns.

Investors in the Oils-Energy sector will want to keep a close eye on CCR as it attempts to continue its solid performance.

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