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CNX vs. TRP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CNX and TRP is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

CNX vs. TRP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CNX Resources Corporation (CNX) and TC Energy Corporation (TRP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CNX:

0.93

TRP:

1.65

Sortino Ratio

CNX:

1.34

TRP:

2.18

Omega Ratio

CNX:

1.18

TRP:

1.32

Calmar Ratio

CNX:

0.42

TRP:

1.51

Martin Ratio

CNX:

1.91

TRP:

8.88

Ulcer Index

CNX:

16.34%

TRP:

4.42%

Daily Std Dev

CNX:

34.82%

TRP:

22.41%

Max Drawdown

CNX:

-95.41%

TRP:

-57.79%

Current Drawdown

CNX:

-64.68%

TRP:

-3.23%

Fundamentals

Market Cap

CNX:

$4.53B

TRP:

$51.74B

EPS

CNX:

-$1.98

TRP:

$2.93

PEG Ratio

CNX:

0.96

TRP:

1.76

PS Ratio

CNX:

2.87

TRP:

3.73

PB Ratio

CNX:

1.19

TRP:

2.91

Total Revenue (TTM)

CNX:

$1.67B

TRP:

$13.15B

Gross Profit (TTM)

CNX:

$759.42M

TRP:

$6.36B

EBITDA (TTM)

CNX:

$249.45M

TRP:

$10.87B

Returns By Period

In the year-to-date period, CNX achieves a -14.56% return, which is significantly lower than TRP's 7.53% return. Over the past 10 years, CNX has underperformed TRP with an annualized return of 2.09%, while TRP has yielded a comparatively higher 7.19% annualized return.


CNX

YTD

-14.56%

1M

8.18%

6M

-17.90%

1Y

34.69%

5Y*

25.25%

10Y*

2.09%

TRP

YTD

7.53%

1M

8.81%

6M

3.92%

1Y

35.22%

5Y*

7.91%

10Y*

7.19%

*Annualized

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Risk-Adjusted Performance

CNX vs. TRP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNX
The Risk-Adjusted Performance Rank of CNX is 7575
Overall Rank
The Sharpe Ratio Rank of CNX is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of CNX is 7474
Sortino Ratio Rank
The Omega Ratio Rank of CNX is 7474
Omega Ratio Rank
The Calmar Ratio Rank of CNX is 7070
Calmar Ratio Rank
The Martin Ratio Rank of CNX is 7272
Martin Ratio Rank

TRP
The Risk-Adjusted Performance Rank of TRP is 9191
Overall Rank
The Sharpe Ratio Rank of TRP is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of TRP is 8888
Sortino Ratio Rank
The Omega Ratio Rank of TRP is 8989
Omega Ratio Rank
The Calmar Ratio Rank of TRP is 9090
Calmar Ratio Rank
The Martin Ratio Rank of TRP is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CNX vs. TRP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for CNX Resources Corporation (CNX) and TC Energy Corporation (TRP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current CNX Sharpe Ratio is 0.93, which is lower than the TRP Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of CNX and TRP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CNX vs. TRP - Dividend Comparison

CNX has not paid dividends to shareholders, while TRP's dividend yield for the trailing twelve months is around 5.01%.


TTM20242023202220212020201920182017201620152014
CNX
CNX Resources Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.86%0.05%1.85%0.74%
TRP
TC Energy Corporation
5.01%5.42%7.14%8.63%7.04%5.82%3.98%7.15%3.64%5.94%6.06%3.20%

Drawdowns

CNX vs. TRP - Drawdown Comparison

The maximum CNX drawdown since its inception was -95.41%, which is greater than TRP's maximum drawdown of -57.79%. Use the drawdown chart below to compare losses from any high point for CNX and TRP. For additional features, visit the drawdowns tool.


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Volatility

CNX vs. TRP - Volatility Comparison

CNX Resources Corporation (CNX) has a higher volatility of 9.71% compared to TC Energy Corporation (TRP) at 7.62%. This indicates that CNX's price experiences larger fluctuations and is considered to be riskier than TRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

CNX vs. TRP - Financials Comparison

This section allows you to compare key financial metrics between CNX Resources Corporation and TC Energy Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.001.00B2.00B3.00B4.00B20212022202320242025
610.61M
3.62B
(CNX) Total Revenue
(TRP) Total Revenue
Values in USD except per share items

CNX vs. TRP - Profitability Comparison

The chart below illustrates the profitability comparison between CNX Resources Corporation and TC Energy Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%20212022202320242025
56.6%
52.0%
(CNX) Gross Margin
(TRP) Gross Margin
CNX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, CNX Resources Corporation reported a gross profit of 345.57M and revenue of 610.61M. Therefore, the gross margin over that period was 56.6%.

TRP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, TC Energy Corporation reported a gross profit of 1.89B and revenue of 3.62B. Therefore, the gross margin over that period was 52.0%.

CNX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, CNX Resources Corporation reported an operating income of 290.49M and revenue of 610.61M, resulting in an operating margin of 47.6%.

TRP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, TC Energy Corporation reported an operating income of 1.66B and revenue of 3.62B, resulting in an operating margin of 45.9%.

CNX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, CNX Resources Corporation reported a net income of -197.72M and revenue of 610.61M, resulting in a net margin of -32.4%.

TRP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, TC Energy Corporation reported a net income of 1.01B and revenue of 3.62B, resulting in a net margin of 27.8%.