CNX Resources (CNX) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CNX shares.
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5 brokerages have issued 1 year price objectives for CNX Resources' shares. Their CNX share price forecasts range from $17.00 to $24.00. On average, they predict the company's share price to reach $20.80 in the next twelve months. This suggests that the stock has a possible downside of 8.8%.
View analysts price targets for CNX or view top-rated stocks among Wall Street analysts.

CNX Resources' stock was trading at $16.84 at the beginning of 2023. Since then, CNX stock has increased by 35.4% and is now trading at $22.80.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
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CNX Resources Co. (NYSE:CNX) announced its earnings results on Thursday, July, 27th. The oil and gas producer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.05. The oil and gas producer earned $839.70 million during the quarter, compared to the consensus estimate of $386.68 million. CNX Resources had a net margin of 49.95% and a trailing twelve-month return on equity of 12.98%. CNX Resources's revenue for the quarter was up 99.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.61 EPS.

ETFs with the largest weight of CNX Resources (NYSE:CNX) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P MidCap 400 Pure Growth ETF (RFG), First Trust Natural Gas ETF (FCG), Ballast Small/Mid Cap ETF (MGMT), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) and Cambria Shareholder Yield ETF (SYLD).

7 employees have rated CNX Resources Chief Executive Officer Jimmy A. Brock on Glassdoor.com. Jimmy A. Brock has an approval rating of 90% among the company's employees.

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

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

CNX Resources' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.55%), State Street Corp (5.94%), Geode Capital Management LLC (2.04%), Northern Trust Corp (1.49%), Southeast Asset Advisors Inc. (1.24%) and Marshall Wace LLP (1.23%). Insiders that own company stock include Alan K Shepard, Bernard Lanigan Jr, Bernard Lanigan, Jr, Donald W Rush and N J Deiuliis.
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Shares of CNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CNX stock can currently be purchased for approximately $22.80.

CNX Resources (NYSE:CNX) has a market capitalization of $3.68 billion and generates $1.26 billion in revenue each year. The oil and gas producer earns $-142,080,000.00 in net income (profit) each year or $9.48 on an earnings per share basis.

The company employs 441 workers across the globe.

CNX Resources' mailing address is CNX CENTER 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA, 15317. The official website for the company is www.cnx.com. The oil and gas producer can be reached via phone at (724) 485-4000 or via fax at 724-485-4833.