CNX Resources Stock Price, News & Analysis (NYSE:CNX) $20.05 +0.19 (+0.96%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$19.76▼$20.1550-Day Range$19.76▼$23.5352-Week Range$14.36▼$23.68Volume2.14 million shsAverage Volume2.90 million shsMarket Capitalization$3.18 billionP/E Ratio1.69Dividend YieldN/APrice Target$23.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability CNX Resources MarketRank™ Stock AnalysisAnalyst RatingReduce1.80 Rating ScoreUpside/Downside16.7% Upside$23.40 Price TargetShort InterestBearish22.50% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-9.10Upright™ Environmental ScoreNews Sentiment0.40Based on 7 Articles This WeekInsider TradingAcquiring Shares$3.17 M Bought Last QuarterProj. Earnings Growth26.14%From $1.53 to $1.93 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.1.88 out of 5 starsOils/Energy Sector139th out of 188 stocksCrude Petroleum & Natural Gas Industry45th out of 53 stocks 1.9 Analyst's Opinion Consensus RatingCNX Resources has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on 1 buy rating, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.40, CNX Resources has a forecasted upside of 16.7% from its current price of $20.05.Amount of Analyst CoverageCNX Resources has only been the subject of 4 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted22.50% 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 13.7, which indicates bearish sentiment.Change versus previous monthShort interest in CNX Resources has recently increased by 6.26%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldCNX Resources does not currently pay a dividend.Dividend GrowthCNX Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CNX Resources is 1.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CNX Resources will have a dividend payout ratio of 6.48% next year. This indicates that CNX Resources will be able to sustain or increase its dividend. 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 1.9 News and Social Media Coverage News SentimentCNX Resources has a news sentiment score of 0.40. 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 lower news sentiment than the 0.62 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. 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 $3,169,893.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.72% 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 26.14% in the coming year, from $1.53 to $1.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CNX Resources is 1.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.56.Price to Earnings Ratio vs. SectorThe P/E ratio of CNX Resources is 1.69, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.11.Price to Earnings Growth RatioCNX Resources has a PEG Ratio of 2.48. 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 1.16. 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 Stock (NYSE:CNX)CNX 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNX Stock News HeadlinesDecember 8, 2023 | finance.yahoo.comDo Options Traders Know Something About CNX Resources (CNX) Stock We Don't?December 6, 2023 | americanbankingnews.comCNX Resources (NYSE:CNX) Rating Increased to Hold at StockNews.comDecember 8, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 5, 2023 | nasdaq.comTruist Securities Upgrades CNX Resources (CNX)December 5, 2023 | americanbankingnews.comCNX Resources (NYSE:CNX) Upgraded to Buy by Truist FinancialDecember 3, 2023 | morningstar.comCNX Resources Corp CNXDecember 1, 2023 | bizjournals.comCNX Resources names new chief legal officerDecember 1, 2023 | markets.businessinsider.comCNX Resources Names Timothy Bedard EVP, General Counsel, And Corporate SecretaryDecember 8, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comDecember 1, 2023 | finance.yahoo.comCNX Announces Executive Leadership AdditionNovember 24, 2023 | finance.yahoo.comWhy Is CNX Resources Corporation. (CNX) Down 3.2% Since Last Earnings Report?November 7, 2023 | finance.yahoo.comEvergy's (EVRG) Q3 Earnings & Revenues Surpass EstimatesNovember 3, 2023 | bizjournals.comHow CNX, Shapiro got together on agreementNovember 3, 2023 | finance.yahoo.comRising Energy Prices Pushed CNX Resources Corporation (CNX)November 2, 2023 | bizjournals.comShapiro mum on whether he'll appeal RGGI decisionNovember 2, 2023 | msn.comGovernor Josh Shapiro, CNX president announce historic collaboration in natural gas industryNovember 2, 2023 | cbsnews.comPennsylvania and natural gas driller partnering for in-depth study of air emissions and water qualityNovember 2, 2023 | foxnews.comPA officials to collaborate with major gas company for environmental monitoringNovember 2, 2023 | bizjournals.comShapiro, CNX announce ground-breaking environmental monitoring agreementNovember 2, 2023 | finance.yahoo.comPennsylvania partners with natural gas driller on air and water monitoring amid new regulatory pushOctober 31, 2023 | seekingalpha.comCNX Resources: Third Quarter Results Weak, But Firm Enjoys Financial StrengthOctober 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Baker Hughes Company (BKR), CNX Resources (CNX) and Matador Resources (MTDR)October 27, 2023 | markets.businessinsider.comSell Rating on CNX: Concerns Over Elevated Spending, Complex Tech Business, and Hedging StrategyOctober 26, 2023 | finance.yahoo.comCNX's latest airport drilling included gas under PIT's runwaysOctober 26, 2023 | finance.yahoo.comCNX Resources Corporation (NYSE:CNX) Q3 2023 Earnings Call TranscriptOctober 26, 2023 | finance.yahoo.comQ3 2023 CNX Resources Corp Earnings CallOctober 25, 2023 | benzinga.comCNX Resources Reports Q3 Sales Decline, Misses Revenue ConsensusSee 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 Company Calendar Last Earnings10/25/2023Today12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/25/2024Get 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 Target$23.40 High Stock Price Target$27.00 Low Stock Price Target$19.00 Potential Upside/Downside+16.7%Consensus RatingReduce Rating Score (0-4)1.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$11.88 Trailing P/E Ratio1.69 Forward P/E Ratio13.10 P/E Growth2.48Net Income$-142,080,000.00 Net Margins58.04% Pretax Margin69.22% Return on Equity15.80% Return on Assets6.74% Debt Debt-to-Equity Ratio0.47 Current Ratio0.30 Quick Ratio0.28 Sales & Book Value Annual Sales$1.97 billion Price / Sales1.61 Cash Flow$5.60 per share Price / Cash Flow3.58 Book Value$17.34 per share Price / Book1.16Miscellaneous Outstanding Shares158,853,000Free Float152,944,000Market Cap$3.18 billion OptionableOptionable Beta1.35 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Nicholas J. DeIuliis (Age 54)President, CEO & Director Comp: $3.05MMr. Alan K. Shepard (Age 41)Chief Financial Officer Comp: $670.49kMr. Ravi Srivastava (Age 41)President of New Technologies Comp: $609.02kMr. Alexander John Reyes (Age 51)Executive VP, General Counsel & Corporate Secretary 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:ERFCalifornia ResourcesNYSE:CRCEarthstone EnergyNYSE:ESTEVista EnergyNYSE:VISTKosmos EnergyNYSE:KOSView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 217,753 shares on 11/30/2023Ownership: 1.356%Neo Ivy Capital ManagementBought 1,140 shares on 11/30/2023Ownership: 0.001%Deutsche Bank AGBought 10,087 shares on 11/24/2023Ownership: 0.102%Comerica BankBought 179,535 shares on 11/21/2023Ownership: 0.113%OLD National Bancorp INSold 1,237 shares on 11/17/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions CNX Stock Analysis - Frequently Asked Questions Should I buy or sell CNX Resources stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CNX shares. View CNX analyst ratings or view top-rated stocks. What is CNX Resources' stock price target for 2024? 5 brokers have issued 12-month price objectives for CNX Resources' stock. Their CNX share price targets range from $19.00 to $27.00. On average, they anticipate the company's stock price to reach $23.40 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. 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 on January 1st, 2023. Since then, CNX stock has increased by 19.0% and is now trading at $20.0450. View the best growth stocks for 2023 here. Are investors shorting CNX Resources? CNX Resources saw a increase in short interest in November. As of November 15th, there was short interest totaling 34,630,000 shares, an increase of 6.3% from the October 31st total of 32,590,000 shares. Based on an average trading volume of 2,530,000 shares, the short-interest ratio is currently 13.7 days. Approximately 22.5% of the company's stock are sold short. View CNX Resources' Short Interest. When is CNX Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. View our CNX earnings forecast. How were CNX Resources' earnings last quarter? CNX Resources Co. (NYSE:CNX) posted its earnings results on Wednesday, October, 25th. The oil and gas producer reported $0.35 EPS for the quarter, beating the consensus estimate of $0.26 by $0.09. The oil and gas producer had revenue of $357 million for the quarter, compared to analyst estimates of $387.49 million. CNX Resources had a net margin of 58.04% and a trailing twelve-month return on equity of 15.80%. Is CNX Resources a good dividend stock? CNX Resources (NYSE:CNX) pays an annual dividend of $0.13 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 1.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNX will have a dividend payout ratio of 6.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNX. 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). Who are CNX Resources' major shareholders? CNX Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (2.33%), Invesco Ltd. (2.26%), FMR LLC (1.77%), Massachusetts Financial Services Co. MA (1.60%), Morgan Stanley (1.50%) and Northern Trust Corp (1.45%). 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. This page (NYSE:CNX) was last updated on 12/8/2023 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. 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