NYSE:CNX - CNX Resources Stock Price, News, & Analysis

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$13.00 -0.37 (-2.77 %)
(As of 12/10/2018 12:50 PM ET)
Previous Close$13.37
Today's Range$12.91 - $13.46
52-Week Range$11.69 - $18.37
Volume67,250 shs
Average Volume2.44 million shs
Market Capitalization$2.72 billion
P/E Ratio-80.78
Dividend YieldN/A
Beta0.7
CNX Resources Corporation, an independent oil and natural gas company, explores for, develops, and produces natural gas in the Appalachian Basin. As of December 31, 2017, it had 7.6 trillion cubic feet equivalent of proved natural gas reserves. The company also owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale in Pennsylvania and West Virginia. In addition, it offers gas gathering and water delivery solutions, as well as land services to third-parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was incorporated in 1991 and is headquartered in Canonsburg, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryCoal & Consumable Fuels
SectorOils/Energy
Current SymbolNYSE:CNX
Previous Symbol
CUSIP20854P10
Phone724-485-4000

Debt

Debt-to-Equity Ratio0.44
Current Ratio0.59
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio-80.78
Forward P/E Ratio13.40
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.46 billion
Price / Sales1.82
Cash Flow$1.6250 per share
Price / Cash Flow8.00
Book Value$17.38 per share
Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)($0.16)
Net Income$380.74 million
Net Margins54.81%
Return on Equity3.73%
Return on Assets2.26%

Miscellaneous

Employees561
Outstanding Shares203,600,000
Market Cap$2.72 billion
OptionableOptionable

CNX Resources (NYSE:CNX) Frequently Asked Questions

What is CNX Resources' stock symbol?

CNX Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNX."

How will CNX Resources' stock buyback program work?

CNX Resources announced that its board has initiated a share repurchase plan on Wednesday, November 22nd 2017, which authorizes the company to repurchase $369,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

How were CNX Resources' earnings last quarter?

CNX Resources Corp (NYSE:CNX) posted its quarterly earnings results on Tuesday, October, 30th. The oil and gas producer reported $0.17 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.02. The oil and gas producer had revenue of $397.10 million for the quarter, compared to the consensus estimate of $376.23 million. CNX Resources had a return on equity of 3.73% and a net margin of 54.81%. The firm's quarterly revenue was up 38.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.11) earnings per share. View CNX Resources' Earnings History.

When is CNX Resources' next earnings date?

CNX Resources is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for CNX Resources.

What price target have analysts set for CNX?

7 analysts have issued 12 month target prices for CNX Resources' shares. Their predictions range from $14.00 to $23.00. On average, they expect CNX Resources' stock price to reach $18.00 in the next year. This suggests a possible upside of 37.6% from the stock's current price. View Analyst Price Targets for CNX Resources.

What is the consensus analysts' recommendation for CNX Resources?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Resources.

Has CNX Resources been receiving favorable news coverage?

Press coverage about CNX stock has trended very positive recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CNX Resources earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

Are investors shorting CNX Resources?

CNX Resources saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 15,279,386 shares, an increase of 24.5% from the October 15th total of 12,275,110 shares. Based on an average trading volume of 3,766,508 shares, the short-interest ratio is currently 4.1 days. Approximately 7.2% of the shares of the stock are short sold. View CNX Resources' Current Options Chain.

Who are some of CNX Resources' key competitors?

Who are CNX Resources' key executives?

CNX Resources' management team includes the folowing people:
  • Mr. Nicholas J. DeIuliis, Pres, CEO & Director (Age 49)
  • Mr. Stephen W. Johnson Esq., Exec. VP & Chief Admin. Officer (Age 59)
  • Mr. Timothy C. Dugan, Exec. VP & COO of Exploration & Production (Age 56)
  • Mr. Donald W. Rush, Exec. VP & CFO (Age 35)
  • Mr. Jason Mumford, Controller & Interim Principal Accounting Officer (Age 38)

Who are CNX Resources' major shareholders?

CNX Resources' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.87%), Dimensional Fund Advisors LP (7.64%), Vanguard Group Inc. (6.78%), Key Group Holdings Cayman LTD. (3.33%), Capital International Investors (3.06%) and ANTIPODES PARTNERS Ltd (2.59%). Company insiders that own CNX Resources stock include Alvin R Carpenter, Bernard Lanigan Jr, J Palmer Clarkson, Maureen Lally-Green and Mike Muzylowski. View Institutional Ownership Trends for CNX Resources.

Which major investors are selling CNX Resources stock?

CNX stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Bank of Montreal Can, BlueMountain Capital Management LLC, Dalton Greiner Hartman Maher & Co., First Trust Advisors LP, Trexquant Investment LP, Canada Pension Plan Investment Board and TIAA CREF Investment Management LLC. View Insider Buying and Selling for CNX Resources.

Which major investors are buying CNX Resources stock?

CNX stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, FMR LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., BlackRock Inc., Key Group Holdings Cayman LTD., Morgan Stanley and Matarin Capital Management LLC. Company insiders that have bought CNX Resources stock in the last two years include Alvin R Carpenter, Bernard Lanigan Jr, J Palmer Clarkson, Maureen Lally-Green and Mike Muzylowski. View Insider Buying and Selling for CNX Resources.

How do I buy shares of CNX Resources?

Shares of CNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CNX Resources' stock price today?

One share of CNX stock can currently be purchased for approximately $13.08.

How big of a company is CNX Resources?

CNX Resources has a market capitalization of $2.72 billion and generates $1.46 billion in revenue each year. The oil and gas producer earns $380.74 million in net income (profit) each year or ($0.16) on an earnings per share basis. CNX Resources employs 561 workers across the globe.

What is CNX Resources' official website?

The official website for CNX Resources is http://www.consolenergy.com.

How can I contact CNX Resources?

CNX Resources' mailing address is CNX CENTER 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA, 15317. The oil and gas producer can be reached via phone at 724-485-4000.


MarketBeat Community Rating for CNX Resources (NYSE CNX)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  705 (Vote Outperform)
Underperform Votes:  476 (Vote Underperform)
Total Votes:  1,181
MarketBeat's community ratings are surveys of what our community members think about CNX Resources and other stocks. Vote "Outperform" if you believe CNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2018 by MarketBeat.com Staff

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