About CNX Resources (NYSE:CNX)
CNX Resources Corp., formerly CONSOL Energy Inc., is an integrated energy company. The Company's divisions include Exploration and Production (E&P), Pennsylvania (PA) Mining Operations and Other. The E&P division operates through four segments: Marcellus Shale, Utica Shale, Coalbed Methane (CBM) and Other Gas, which produce pipeline quality natural gas for sale primarily to gas wholesalers. Its E&P division focuses on Appalachian area natural gas and liquids activities, including production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin. The Other Gas segment is primarily related to shallow oil and gas production and the Chattanooga Shale in Tennessee. The principal activities of the PA Mining Operations division are mining, preparation and marketing of thermal coal, sold primarily to power generators. The Other division includes business activities, such as coal terminal operations and water operations.
Industry, Sector and Symbol
Sub-IndustryCoal & Consumable Fuels
Trailing P/E Ratio8.78571428571429
Forward P/E Ratio49.20
Sales & Book Value
Annual Sales$1.46 billion
Price / Sales2.27
Cash Flow$1.67 per share
Price / Cash8.85
Book Value$17.43 per share
Price / Book0.85
Net Income$380.74 million
Return on Equity1.36%
Return on Assets0.64%
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 declared that its Board of Directors has initiated a share repurchase program on Wednesday, November 22nd 2017, which allows the company to buyback $369,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.
How were CNX Resources' earnings last quarter?
CNX Resources Corp (NYSE:CNX) issued its quarterly earnings data on Tuesday, January, 30th. The oil and gas producer reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.06. The oil and gas producer earned $333.30 million during the quarter, compared to analyst estimates of $331.76 million. CNX Resources had a net margin of 14.03% and a return on equity of 1.36%. The firm's revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.33) earnings per share. View CNX Resources' Earnings History.
When will CNX Resources make its next earnings announcement?
Where is CNX Resources' stock going? Where will CNX Resources' stock price be in 2018?
11 analysts have issued 1-year target prices for CNX Resources' shares. Their forecasts range from $16.00 to $32.00. On average, they anticipate CNX Resources' stock price to reach $23.50 in the next year. View Analyst Ratings for CNX Resources.
Who are some of CNX Resources' key competitors?
Some companies that are related to CNX Resources include Alliance Resource Partners (ARLP), Alliance Holdings GP (AHGP), Consol Energy (CEIX), Foresight Energy (FELP), CONSOL Coal Resources (CCR), Natural Resource Partners (NRP), Cloud Peak Energy (CLD), NACCO Industries (NC), Hallador Energy (HNRG), Hargreaves Services (HSP), Ncondezi Energy (NCCL), Westmoreland Coal (WLB), New World Resources (NWR), Altona Energy (ANR), Edenville Energy (EDL), Beacon Hill Resources (BHR), Alpha Appalachia (MEE) and Churchill Mining (CHL).
Who are CNX Resources' key executives?
CNX Resources' management team includes the folowing people:
- William N. Thorndike Jr., Independent Chairman of the Board (Age 53)
- Nicholas J. DeIuliis, President, Chief Executive Officer, Director (Age 49)
- Donald W. Rush, Chief Financial Officer, Executive Vice President (Age 35)
- Katharine A. Fredriksen, President - Coal Business
- James A. Brock, Executive Vice President, Chief Executive Officer - Coal Business (Age 61)
- Timothy C. Dugan, Executive Vice President, Chief Operating Officer - Exploration and Production (Age 56)
- Stephen W. Johnson, Executive Vice President and Chief Administrative officer (Age 59)
- Jason Mumford, Principal Accounting Officer (Age 37)
- David M. Khani, Chief Financial Officer - Coal Business (Age 53)
- Alvin R. Carpenter, Independent Director (Age 75)
Who owns CNX Resources stock?
CNX Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.67%), ANTIPODES PARTNERS Ltd (1.95%), Clearbridge Investments LLC (1.21%), Bank of New York Mellon Corp (1.05%), Bank of Montreal Can (0.86%) and Geode Capital Management LLC (0.80%). Company insiders that own CNX Resources stock include Alvin R Carpenter, Bernard Lanigan Jr, David Einhorn, J Palmer Clarkson, Maureen Lally-Green and Mike Muzylowski. View Institutional Ownership Trends for CNX Resources.
Who sold CNX Resources stock? Who is selling CNX Resources stock?
CNX Resources' stock was sold by a variety of institutional investors in the last quarter, including Highlander Capital Management LLC, Cornerstone Capital Management Holdings LLC., Jennison Associates LLC, Bank of New York Mellon Corp, Two Sigma Advisers LP, Gamco Investors INC. ET AL, Metropolitan Life Insurance Co. NY and Clearbridge Investments LLC. View Insider Buying and Selling for CNX Resources.
Who bought CNX Resources stock? Who is buying CNX Resources stock?
CNX Resources' stock was acquired by a variety of institutional investors in the last quarter, including ANTIPODES PARTNERS Ltd, Dalton Greiner Hartman Maher & Co., Kestrel Investment Management Corp, First Trust Advisors LP, Two Sigma Investments LP, Bank of Montreal Can, Arrowstreet Capital Limited Partnership and BlackRock Inc.. 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 CNX Resources stock?
Shares of CNX Resources 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 Resources stock can currently be purchased for approximately $14.76.
How big of a company is CNX Resources?
CNX Resources has a market capitalization of $3.30 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 $1.68 on an earnings per share basis. CNX Resources employs 561 workers across the globe.
How can I contact CNX Resources?
CNX Resources' mailing address is 1000 Consol Energy Dr, CANONSBURG, PA 15317-6506, United States. The oil and gas producer can be reached via phone at +1-724-4854000.
MarketBeat Community Rating for CNX Resources (CNX)MarketBeat's community ratings are surveys of what our community members think about CNX Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
CNX Resources (NYSE:CNX) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Buy|
|Consensus Rating Score: ||2.73||2.73||2.44||2.50|
|Ratings Breakdown: ||0 Sell Rating(s)|
3 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$23.50||$23.40||$20.89||$22.29|
|Price Target Upside: ||69.80% upside||64.90% upside||29.66% upside||55.08% upside|
CNX Resources (NYSE:CNX) Consensus Price Target History
CNX Resources (NYSE:CNX) Analyst Ratings History
(Data available from 2/18/2016 forward)
CNX Resources (NYSE:CNX) Earnings History and Estimates Chart
CNX Resources (NYSE CNX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/30/2018||Q4 2017||($0.01)||$0.05||$331.76 million||$333.30 million||View||N/A|
|10/31/2017||Q3 2017||$0.03||($0.11)||$623.00 million||$671.30 million||View||N/A|
|8/1/2017||Q2 2017||$0.10||$0.17||$678.79 million||$865.95 million||View||Listen|
|5/2/2017||Q1 2017||$0.11||$0.17||$648.26 million||$698.71 million||View||Listen|
|1/31/2017||Q416||($0.01)||($1.42)||$613.18 million||$462.02 million||View||N/A|
|11/1/2016||Q316||($0.11)||($0.15)||$915.18 million||$745.60 million||View||Listen|
|7/26/2016||Q216||($0.17)||($0.21)||$566.84 million||$285.80 million||View||Listen|
|4/26/2016||Q116||($0.09)||($0.07)||$693.56 million||$558.50 million||View||Listen|
|1/29/2016||Q415||($0.09)||($0.11)||$717.26 million||$761.90 million||View||Listen|
|10/27/2015||Q315||($0.02)||($0.28)||$735.02 million||$813.90 million||View||Listen|
|7/28/2015||Q215||$0.01||($0.37)||$824.24 million||$648.94 million||View||Listen|
|4/28/2015||Q115||$0.11||$0.37||$886.52 million||$889.60 million||View||Listen|
|1/30/2015||Q414||$0.20||$0.25||$960.11 million||$935.67 million||View||Listen|
|10/28/2014||Q314||$0.19||$0.09||$889.10 million||$884.60 million||View||Listen|
|7/29/2014||Q214||$0.25||$0.07||$923.28 million||$937.37 million||View||Listen|
|4/29/2014||Q114||$0.19||$0.53||$887.17 million||$969.15 million||View||Listen|
|1/31/2014||Q413||$0.08||$0.64||$1.10 billion||$825.23 million||View||Listen|
|10/29/2013||Q313||$0.03||($0.28)||$1.22 billion||$1.23 billion||View||N/A|
|7/25/2013||Q2 2013||$0.17||($0.03)||$1.21 billion||$1.22 billion||View||Listen|
|4/25/2013||Q1 2013||$0.20||$0.19||$1.28 billion||$1.29 billion||View||Listen|
|1/31/2013||Q4 2012||$0.24||$0.65||$1.29 billion||$1.20 billion||View||Listen|
CNX Resources (NYSE:CNX) Earnings Estimates
2018 EPS Consensus Estimate: $0.28
2019 EPS Consensus Estimate: $0.40
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
CNX Resources (NYSE:CNX) Dividend Information
|Most Recent Dividend:||5/12/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||7.74% (Trailing 12 Months of Earnings) |
43.33% (Based on This Year's Estimates)
44.83% (Based on Next Year's Estimates)
CNX Resources (NYSE:CNX) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
CNX Resources (NYSE CNX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 96.83%
CNX Resources (NYSE CNX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/13/2018||Maureen Lally-Green||Director||Buy||1,500||$12.99||$19,485.00|| |
|8/3/2017||J. Palmer Clarkson||Director||Buy||10,000||$15.40||$154,000.00|| |
|2/13/2017||Maureen Lally-Green||Director||Buy||2,500||$16.97||$42,425.00|| |
|2/3/2017||Bernard Lanigan Jr||Director||Buy||41,200||$16.95||$698,340.00||14,800|| |
|2/2/2017||Alvin R Carpenter||Director||Buy||4,000||$16.71||$66,840.00||93,600|| |
|6/1/2016||David Einhorn||Major Shareholder||Sell||7,000,000||$15.01||$105,070,000.00|| |
|5/12/2016||David Einhorn||Major Shareholder||Sell||173,910||$15.17||$2,638,214.70|| |
|11/17/2015||William N Thorndike Jr||Director||Buy||30,000||$7.78||$233,400.00||92,397|| |
|11/2/2015||Carl Kristopher Hagedorn||Insider||Buy||3,480||$7.02||$24,429.60||2,384|| |
|10/29/2015||Alvin R Carpenter||Director||Buy||10,000||$7.04||$70,400.00||89,591|| |
|7/22/2015||David Einhorn||Major Shareholder||Buy||1,696,662||$17.40||$29,521,918.80|| |
|7/21/2015||David Einhorn||Major Shareholder||Buy||1,196,340||$17.52||$20,959,876.80|| |
|7/20/2015||David Einhorn||Major Shareholder||Buy||3,776,125||$16.74||$63,212,332.50|| |
|5/1/2015||Alvin R Carpenter||Director||Buy||3,000||$32.63||$97,890.00|| |
|4/27/2015||James A Brock||COO||Sell||1,104||$29.96||$33,075.84|| |
|4/1/2015||James C Grech||EVP||Sell||2,464||$28.14||$69,336.96|| |
|2/10/2015||Alvin R Carpenter||Director||Buy||2,000||$32.75||$65,500.00|| |
|5/7/2014||Alvin Carpenter||Director||Buy||2,000||$43.59||$87,180.00||36,589|| |
|5/1/2014||William Davis||Director||Sell||7,000||$45.08||$315,560.00||27,259|| |
|3/3/2014||James Grech||EVP||Sell||2,625||$39.75||$104,343.75||34,481|| |
|2/10/2014||Alvin Carpenter||Director||Buy||30,000||$36.71||$1,101,300.00||34,584|| |
|2/10/2014||David Khani||CFO||Buy||2,800||$36.67||$102,676.00||43,354|| |
CNX Resources (NYSE CNX) News Headlines
|Head to Head Review: Consol Energy (CEIX) versus CNX Resources (CNX)|
www.americanbankingnews.com - February 17 at 11:18 PM
|CONSOL Energy Inc (CEIX) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - February 16 at 5:11 PM
|Form SC 13G/A CNX Resources Corp Filed by: GREENLIGHT CAPITAL INC|
www.streetinsider.com - February 15 at 5:14 PM
|Q1 2018 EPS Estimates for CNX Resources Corp Cut by Jefferies Group (CNX)|
www.americanbankingnews.com - February 15 at 8:48 AM
|Q3 2018 Earnings Forecast for CNX Resources Corp (CNX) Issued By Jefferies Group|
www.americanbankingnews.com - February 14 at 9:36 AM
|CNX Resources Corp (CNX) Director Maureen Lally-Green Buys 1,500 Shares|
www.americanbankingnews.com - February 13 at 6:46 PM
|Birmingham oil company to make acquisitions totaling $180M|
www.bizjournals.com - February 13 at 9:53 AM
|CNX Resources' (CNX) CEO Nicholas DeIuliis on Q4 2017 Results - Earnings Call Transcript|
seekingalpha.com - February 13 at 9:53 AM
|Q1 2018 EPS Estimates for CNX Resources Corp Cut by SunTrust Banks (CNX)|
www.americanbankingnews.com - February 12 at 2:52 AM
|SunTrust Banks Analysts Decrease Earnings Estimates for CNX Resources Corp (CNX)|
www.americanbankingnews.com - February 9 at 3:52 PM
|Zacks: Analysts Anticipate CNX Resources Corp (CNX) to Post $0.13 EPS|
www.americanbankingnews.com - February 8 at 12:56 PM
|CNX Resources (CNX) Sells West Virginia Wet Gas Gathering System to CNX Midstream Partners LP (CNXM) for $265M|
www.streetinsider.com - February 8 at 8:18 AM
|CNX Resources Corp (CNX) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - February 8 at 8:18 AM
|BRIEF-CNX Announces 21 Pct Increase In Proved Reserves To 7.6 Tcfe|
www.reuters.com - February 7 at 9:56 AM
|CNX Announces 21% Increase in Proved Reserves to 7.6 Tcfe|
finance.yahoo.com - February 7 at 9:56 AM
|CNX Coal Resources beats 4Q profit forecasts|
www.cnbc.com - February 6 at 9:44 AM
|CNX Resources Corp (CNX) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - February 3 at 1:32 PM
|Q1 2018 Earnings Estimate for CNX Resources Corp Issued By SunTrust Banks (CNX)|
www.americanbankingnews.com - February 2 at 10:46 AM
|CNX Resources: Pre-Earnings Wall Street Ratings|
finance.yahoo.com - February 2 at 9:50 AM
|CNX Resources Corp (CNX) Expected to Post Q4 2018 Earnings of $0.05 Per Share|
www.americanbankingnews.com - February 1 at 1:56 PM
|CNX Resources Corp to Post FY2017 Earnings of $0.15 Per Share, Jefferies Group Forecasts (CNX)|
www.americanbankingnews.com - February 1 at 6:42 AM
|CNX Resources sees profit rise in 2017, gets boost from federal tax law|
www.msn.com - January 31 at 10:13 AM
|CNX Resources Corp to Post Q1 2018 Earnings of $0.15 Per Share, Jefferies Group Forecasts (CNX)|
www.americanbankingnews.com - January 31 at 9:41 AM
|CNX Resources (CNX) Releases Quarterly Earnings Results, Beats Expectations By $0.99 EPS|
www.americanbankingnews.com - January 30 at 11:10 AM
|CNX Resources (CNX) Beats Q4 Earnings, Maintains 2018 View|
www.zacks.com - January 30 at 10:27 AM
|CNX Resources posts 4Q profit|
www.cnbc.com - January 30 at 10:27 AM
|CNX Reports Fourth Quarter Results; Record Quarterly Production of 118.9 Bcfe; Total Production Costs Fall to $2.17 per Mcfe; Repurchases $103 million of Common Stock To Date|
finance.yahoo.com - January 30 at 10:27 AM
|CNX Resources' (CNX) Buy Rating Reaffirmed at Robert W. Baird|
www.americanbankingnews.com - January 30 at 12:18 AM
|Longleaf Partners Comments on CONSOL Energy|
finance.yahoo.com - January 23 at 5:19 PM
|CNX Resources (CNX) Scheduled to Post Quarterly Earnings on Monday|
www.americanbankingnews.com - January 22 at 4:52 AM
|Investors Buy High Volume of Put Options on CNX Resources (CNX)|
www.americanbankingnews.com - January 19 at 4:46 AM
|CONSOL Coal Resources (CCR) and CNX Resources (CNX) Head-To-Head Survey|
www.americanbankingnews.com - January 18 at 3:28 PM
|Q2 2018 Earnings Forecast for CNX Resources Corp Issued By SunTrust Banks (CNX)|
www.americanbankingnews.com - January 11 at 12:42 PM
|FY2018 Earnings Forecast for CNX Resources Corp (CNX) Issued By SunTrust Banks|
www.americanbankingnews.com - January 10 at 3:42 PM
|CNX Resources Offers '18 View, Focuses on Marcellus Shale|
www.zacks.com - January 10 at 9:54 AM
|CNX Resources Corp (CNX) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - January 9 at 4:04 PM
|CNX plans to spend about $800M to drill in 2018|
finance.yahoo.com - January 9 at 9:47 AM
|CNX Resources Corporation Announces 2018 Capital Budget of $790-$880 million and Operational Forecast; 35-Days of Data for the Aikens 5J and 5M Dry Utica Wells|
www.prnewswire.com - January 9 at 6:55 AM
|CNX Resources Corporation Acquires Noble Energy's General Partner Interest in CONE Midstream Partners LP; Board Approves Amended Gas Gathering Agreement with CNX; CONE Midstream Partners LP Renamed CNX Midstream Partners LP (NYSE: CNXM); CNXM Will Host Conference Call Tomorrow at 10:00 a.m. ET|
finance.yahoo.com - January 3 at 5:05 PM
|CNX Resources Corp (CNX) Short Interest Update|
www.americanbankingnews.com - January 2 at 4:50 AM
|CNX Resources (CNX) Cut to Strong Sell at Zacks Investment Research|
www.americanbankingnews.com - December 28 at 9:28 PM
|Year in Review: A look back at some of the biggest headlines from 2017|
www.bizjournals.com - December 28 at 3:42 PM
|Blog Exposure - CNX Resources Plans Rebranding Exercise for Recently Acquired CONE Midstream Partners|
finance.yahoo.com - December 28 at 3:42 PM
|CNX Resources Corporation Announces Intention to Rebrand CONE Midstream Partners, LP to CNX Midstream Partners LP|
www.prnewswire.com - December 26 at 7:37 AM
|FY2017 EPS Estimates for CNX Resources Corp (CNX) Lowered by Analyst|
www.americanbankingnews.com - December 25 at 3:28 AM
|Q2 2018 Earnings Estimate for CNX Resources Corp (CNX) Issued By SunTrust Banks|
www.americanbankingnews.com - December 20 at 1:24 PM
|CNX Resources (CNX) Upgraded to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - December 19 at 11:52 AM
|Robert W. Baird Initiates Coverage on CNX Resources (CNX)|
www.americanbankingnews.com - December 19 at 8:18 AM
|CNX Resources Corp Forecasted to Post FY2017 Earnings of $0.63 Per Share (CNX)|
www.americanbankingnews.com - December 19 at 7:54 AM
|ETFs with exposure to CNX Resources Corp. : December 18, 2017|
finance.yahoo.com - December 18 at 5:02 PM
CNX Resources (NYSE:CNX) SEC Filings
This page is loading this company's SEC Filings. Please wait...
CNX Resources (NYSE:CNX) Income Statement, Balance Sheet and Cash Flow Statement
CNX Resources (NYSE CNX) Stock Chart for Sunday, February, 18, 2018