NYSE:CNX CNX Resources (CNX) Stock Forecast, Price & News $22.82 +0.32 (+1.42%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$22.46▼$23.0350-Day Range$18.32▼$22.7952-Week Range$14.36▼$23.03Volume2.57 million shsAverage Volume2.98 million shsMarket Capitalization$3.68 billionP/E Ratio2.41Dividend YieldN/APrice Target$20.80 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CNX Resources MarketRank™ ForecastAnalyst RatingReduce1.60 Rating ScoreUpside/Downside8.9% Downside$20.80 Price TargetShort InterestBearish19.41% of Float Sold ShortDividend StrengthN/ASustainability-9.10Upright™ Environmental ScoreNews Sentiment0.79Based on 7 Articles This WeekInsider TradingAcquiring Shares$3.67 M Bought Last QuarterProj. Earnings Growth23.13%From $1.60 to $1.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.68 out of 5 starsOils/Energy Sector191st out of 245 stocksCrude Petroleum & Natural Gas Industry70th out of 81 stocks 0.8 Analyst's Opinion Consensus RatingCNX Resources has received a consensus rating of Reduce. The company's average rating score is 1.60, and is based on no buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.80, CNX Resources has a forecasted downside of 8.9% from its current price of $22.82.Amount of Analyst CoverageCNX Resources has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted19.41% of the float of CNX Resources has been sold short.Short Interest Ratio / Days to CoverCNX Resources has a short interest ratio ("days to cover") of 11.1, which indicates bearish sentiment.Change versus previous monthShort interest in CNX Resources has recently decreased by 0.16%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCNX Resources does not currently pay a dividend.Dividend GrowthCNX Resources does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCNX Resources has received a -256.31% net impact score from Upright. The largest negative impact of Consol Energy in category "GHG emissions" seems to be driven mostly by its "Thermal coal", "Metallurgical coal", and "Ship port operations" products. See details.Environmental SustainabilityThe Environmental Impact score for CNX Resources is -9.10. Previous Next 3.8 News and Social Media Coverage News SentimentCNX Resources has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for CNX Resources this week, compared to 4 articles on an average week.Search Interest7 people have searched for CNX on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat Follows10 people have added CNX Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 233% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CNX Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,672,964.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.10% of the stock of CNX Resources is held by insiders.Percentage Held by Institutions95.16% of the stock of CNX Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CNX Resources are expected to grow by 23.13% in the coming year, from $1.60 to $1.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CNX Resources is 2.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.92.Price to Earnings Ratio vs. SectorThe P/E ratio of CNX Resources is 2.41, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.72.Price to Earnings Growth RatioCNX Resources has a PEG Ratio of 2.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCNX Resources has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CNX Resources (NYSE:CNX) StockCNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas positions in Illinois, Indiana, New York, and Virginia. It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,600 miles of natural gas gathering pipelines, as well as various natural gas processing facilities. It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for 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.Read More CNX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNX Stock News HeadlinesSeptember 28, 2023 | americanbankingnews.comCNX Resources (NYSE:CNX) Given New $23.00 Price Target at Bank of AmericaSeptember 27, 2023 | bizjournals.comThird annual Western Pennsylvania Legislative Reception: A forum for collaboration between business and legislative leadersSeptember 28, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 22, 2023 | americanbankingnews.comInsider Buying: CNX Resources Co. (NYSE:CNX) Director Acquires $2,169,970.00 in StockSeptember 21, 2023 | americanbankingnews.comBernard Lanigan, Jr. Purchases 45,805 Shares of CNX Resources Co. (NYSE:CNX) StockSeptember 21, 2023 | americanbankingnews.comBernard Lanigan, Jr. Purchases 98,635 Shares of CNX Resources Co. (NYSE:CNX) StockSeptember 19, 2023 | americanbankingnews.comMizuho Increases CNX Resources (NYSE:CNX) Price Target to $24.00September 18, 2023 | americanbankingnews.comAnalyzing Pengrowth Energy (OTCMKTS:PGHEF) & CNX Resources (NYSE:CNX)September 28, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 14, 2023 | finance.yahoo.comUnveiling CNX Resources (CNX)'s Value: Is It Really Priced Right? A Comprehensive GuideAugust 31, 2023 | msn.comCNX Resources (CNX) Price Target Increased by 9.74% to 21.83August 27, 2023 | seekingalpha.comConsol Energy Is Firing On All CylindersAugust 24, 2023 | finance.yahoo.comCompany News for Aug 24, 2023August 23, 2023 | seekingalpha.comCNX Resources: Growth, Value, Buybacks, And DeleveragingAugust 14, 2023 | markets.businessinsider.comWhere CNX Resources Stands With AnalystsAugust 1, 2023 | finance.yahoo.comAnalysts Just Published A Bright New Outlook For CNX Resources Corporation's (NYSE:CNX)July 29, 2023 | finance.yahoo.comCNX Resources Virginia assists with annual Star Ministries backpack projectJuly 29, 2023 | markets.businessinsider.comAnalyst Ratings for CNX ResourcesJuly 28, 2023 | finance.yahoo.comCNX Resources (CNX) Q2 Earnings Beat, Revenues Lag EstimatesJuly 28, 2023 | finance.yahoo.comCNX Resources Stock Sees Improved Relative Strength RatingJuly 28, 2023 | finance.yahoo.comCNX Resources Corporation. (CNX) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesJuly 27, 2023 | markets.businessinsider.comCNX Resources Q2 Adj. Profit DeclinesJuly 27, 2023 | benzinga.comEarnings Outlook For CNX ResourcesJuly 21, 2023 | finance.yahoo.comWhat's in Store for CNX Resources (CNX) in Q2 Earnings?July 20, 2023 | finance.yahoo.comHas CNX Resources Corporation's (NYSE:CNX) Impressive Stock Performance Got Anything to Do With Its Fundamentals?July 14, 2023 | markets.businessinsider.comCNX Resources Corporation Registered ShsJuly 13, 2023 | finance.yahoo.comMason Hawkins: Net Worth, Performance and PortfolioSee More Headlines Receive CNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CNX Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CNX Company Calendar Last Earnings7/27/2023Today9/28/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryCoal & Consumable Fuels SectorOils/Energy Current SymbolNYSE:CNX CUSIP20854P10 CIK1070412 Webwww.cnx.com Phone(724) 485-4000Fax724-485-4833Employees441Year Founded1860Price Target and Rating Average Stock Price Forecast$20.80 High Stock Price Forecast$24.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside-8.8%Consensus RatingReduce Rating Score (0-4)1.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$9.48 Trailing P/E Ratio2.41 Forward P/E Ratio14.25 P/E Growth2.46Net Income$-142,080,000.00 Net Margins49.95% Pretax Margin66.01% Return on Equity12.98% Return on Assets4.76% Debt Debt-to-Equity Ratio0.54 Current Ratio0.58 Quick Ratio0.54 Sales & Book Value Annual Sales$1.26 billion Price / Sales2.92 Cash Flow$6.13 per share Price / Cash Flow3.72 Book Value$17.34 per share Price / Book1.31Miscellaneous Outstanding Shares161,460,000Free Float156,460,000Market Cap$3.68 billion OptionableOptionable Beta1.36 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Nicholas J. DeIuliis (Age 54)Pres, CEO & Director Comp: $3.05MMr. Alan K. Shepard (Age 41)Chief Financial Officer Comp: $670.49kMr. Ravi Srivastava (Age 41)Pres of New Technologies Comp: $609.02kMr. Alexander John Reyes (Age 51)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $785.93kMr. Navneet Behl (Age 51)Chief Operating Officer Mr. Tyler LewisVP of Investor RelationsMs. Hayley F. Scott (Age 50)Chief Risk Officer Mr. Jason L. Mumford (Age 43)VP of SEC Financial Reporting & Controller More ExecutivesKey CompetitorsEnerplusNYSE:ERFKosmos EnergyNYSE:KOSNorthern Oil and GasNYSE:NOGCalifornia ResourcesNYSE:CRCComstock ResourcesNYSE:CRKView All CompetitorsInsiders & InstitutionsBernard Lanigan JrBought 45,805 shares on 9/18/2023Total: $999,923.15 ($21.83/share)Bernard Lanigan JrBought 98,635 shares on 9/15/2023Total: $2.17 M ($22.00/share)Eubel Brady & Suttman Asset Management Inc.Bought 12,427 shares on 8/25/2023Ownership: 0.550%Virginia Retirement Systems ET ALBought 40,900 shares on 8/22/2023Ownership: 0.025%Teachers Retirement System of The State of KentuckyBought 822,722 shares on 8/21/2023Ownership: 0.529%View All Insider TransactionsView All Institutional Transactions CNX Stock - Frequently Asked Questions Should I buy or sell CNX Resources stock right now? 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. View CNX analyst ratings or view top-rated stocks. What is CNX Resources' stock price forecast for 2023? 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. How have CNX shares performed in 2023? 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. View the best growth stocks for 2023 here. When is CNX Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. View our CNX earnings forecast. How were CNX Resources' earnings last quarter? 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. What ETFs hold CNX Resources' stock? 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). What is Jimmy A. Brock's approval rating as CNX Resources' CEO? 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. 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), 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). What is CNX Resources' stock symbol? CNX Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNX." Who are CNX Resources' major shareholders? 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. View institutional ownership trends. How do I buy shares of CNX Resources? 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. Compare Top Brokerages Here. What is CNX Resources' stock price today? One share of CNX stock can currently be purchased for approximately $22.80. How much money does CNX Resources make? 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. How many employees does CNX Resources have? The company employs 441 workers across the globe. How can I contact CNX Resources? 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. This page (NYSE:CNX) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CNX Resources Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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