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

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$8.47 -0.40 (-4.51 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$8.47
Today's Range$8.47 - $8.87
52-Week Range$8.44 - $18.37
Volume2.45 million shs
Average Volume4.35 million shs
Market Capitalization$1.66 billion
P/E Ratio5.54
Dividend YieldN/A
Beta0.71
CNX Resources Corporation, an independent oil and gas company, explores for, develops, and produces natural gas primarily in the Appalachian Basin. The company operates through two divisions, Exploration and Production (E&P), and Midstream. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 539,000 net Marcellus Shale acres; and 627,000 net acres of Utica Shale, as well as rights to extract natural gas from other shale and shallow oil and gas positions from approximately 968,000 in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. It also owns rights to extract coalbed methane (CBM) in Virginia from approximately 308,000 net CBM acres, as well as 210,000 net CBM acres in West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. The Midstream division owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. The company also offers gas gathering and water delivery solutions 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 founded in 1860 and is headquartered in Canonsburg, Pennsylvania.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryCoal & Consumable Fuels
SectorOils/Energy
CUSIP20854P10
Phone724-485-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.73 billion
Cash Flow$4.1317 per share
Book Value$25.45 per share

Profitability

Net Income$796.53 million

Miscellaneous

Employees564
Market Cap$1.66 billion
Next Earnings Date8/1/2019 (Estimated)
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 stock repurchase program on Wednesday, November 22nd 2017, which allows the company to repurchase $369,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

How were CNX Resources' earnings last quarter?

CNX Resources Corp (NYSE:CNX) announced its quarterly earnings results on Tuesday, April, 30th. The oil and gas producer reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.07. The oil and gas producer earned $278.40 million during the quarter, compared to analyst estimates of $408.29 million. CNX Resources had a net margin of 12.00% and a return on equity of 5.66%. The firm's revenue for the quarter was down 43.8% on a year-over-year basis. During the same period last year, the company posted $0.19 EPS. View CNX Resources' Earnings History.

When is CNX Resources' next earnings date?

CNX Resources is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for CNX Resources.

What price target have analysts set for CNX?

7 analysts have issued 1 year price targets for CNX Resources' stock. Their forecasts range from $11.00 to $19.00. On average, they anticipate CNX Resources' stock price to reach $15.40 in the next twelve months. This suggests a possible upside of 81.8% 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, 3 hold ratings and 2 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?

News stories about CNX stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CNX Resources earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are some of CNX Resources' key competitors?

What other stocks do shareholders of CNX Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CNX Resources investors own include Bank of America (BAC), Chesapeake Energy (CHK), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Kinder Morgan (KMI), Gilead Sciences (GILD), Micron Technology (MU), Encana (ECA), Ford Motor (F) and General Electric (GE).

Who are CNX Resources' key executives?

CNX Resources' management team includes the folowing people:
  • Mr. Nicholas J. DeIuliis, Pres, CEO & Director (Age 50)
  • Mr. Donald W. Rush, Exec. VP & CFO (Age 36)
  • Mr. Timothy C. Dugan, Exec. VP & COO (Age 57)
  • Mr. Stephen W. Johnson Esq., Exec. VP & Chief Legal Officer (Age 60)
  • Mr. Jason Mumford, Chief Accounting Officer, Controller & VP (Age 39)

Who are CNX Resources' major shareholders?

CNX Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.25%), Dimensional Fund Advisors LP (8.25%), Key Group Holdings Cayman LTD. (3.67%), AQR Capital Management LLC (2.27%), ANTIPODES PARTNERS Ltd (2.23%) and FMR LLC (1.70%). Company insiders that own CNX Resources stock include Bernard Lanigan, Jr, J Palmer Clarkson and Maureen Lally-Green. View Institutional Ownership Trends for CNX Resources.

Which institutional investors are selling CNX Resources stock?

CNX stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Key Group Holdings Cayman LTD., ANTIPODES PARTNERS Ltd, Vantage Investment Partners LLC, BlackRock Inc., AJO LP, Morgan Stanley and Bank of Montreal Can. View Insider Buying and Selling for CNX Resources.

Which institutional investors are buying CNX Resources stock?

CNX stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, AQR Capital Management LLC, Charles Schwab Investment Management Inc., First Trust Advisors LP, FMR LLC, Dimensional Fund Advisors LP, Marshall Wace LLP and Trexquant Investment LP. Company insiders that have bought CNX Resources stock in the last two years include Bernard Lanigan, Jr, J Palmer Clarkson and Maureen Lally-Green. 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 $8.47.

How big of a company is CNX Resources?

CNX Resources has a market capitalization of $1.66 billion and generates $1.73 billion in revenue each year. The oil and gas producer earns $796.53 million in net income (profit) each year or $1.53 on an earnings per share basis. CNX Resources employs 564 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:  741 (Vote Outperform)
Underperform Votes:  500 (Vote Underperform)
Total Votes:  1,241
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 5/19/2019 by MarketBeat.com Staff

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