CNX Resources Stock Price, News & Analysis (NYSE:CNX)

$7.83
+0.21 (+2.76 %)
(As of 09/23/2019 03:34 PM ET)
Today's Range
$7.47
Now: $7.83
$7.88
50-Day Range
$6.63
MA: $7.67
$8.78
52-Week Range
$6.14
Now: $7.83
$16.09
Volume2.54 million shs
Average Volume4.18 million shs
Market Capitalization$1.47 billion
P/E Ratio5.12
Dividend YieldN/A
Beta0.66
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. Read More…

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$4.0995 per share
Book Value$25.62 per share

Profitability

Net Income$796.53 million

Miscellaneous

Employees564
Market Cap$1.47 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 of Directors has approved a share repurchase program on Wednesday, November 22nd 2017, which permits the company to buyback $369,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

How were CNX Resources' earnings last quarter?

CNX Resources Corp (NYSE:CNX) released its quarterly earnings data on Tuesday, July, 30th. The oil and gas producer reported $0.06 EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.06. The oil and gas producer had revenue of $605.03 million for the quarter, compared to analysts' expectations of $357.30 million. CNX Resources had a net margin of 17.60% and a return on equity of 4.09%. CNX Resources's revenue for the quarter was up 50.5% on a year-over-year basis. During the same period last year, the company earned $0.33 earnings per share. View CNX Resources' Earnings History.

When is CNX Resources' next earnings date?

CNX Resources is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for CNX Resources.

What price target have analysts set for CNX?

4 brokers have issued 1 year price targets for CNX Resources' shares. Their forecasts range from $11.00 to $19.00. On average, they anticipate CNX Resources' stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 91.6% from the stock's current price. View Analyst Price Targets for CNX Resources.

What is the consensus analysts' recommendation for CNX Resources?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CNX Resources.

Has CNX Resources been receiving favorable news coverage?

Media stories about CNX stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CNX Resources earned a news impact score of -1.3 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for CNX Resources.

Are investors shorting CNX Resources?

CNX Resources saw a increase in short interest in August. As of August 31st, there was short interest totalling 35,693,100 shares, an increase of 6.5% from the July 31st total of 33,503,300 shares. Based on an average daily volume of 4,970,000 shares, the days-to-cover ratio is presently 7.2 days. Currently, 19.3% of the shares of the stock are short sold. View CNX Resources' Current Options Chain.

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), Micron Technology (MU), Kinder Morgan (KMI), Gilead Sciences (GILD), Encana (ECA), General Electric (GE) and Oasis Petroleum (OAS).

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 a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.20%), Vanguard Group Inc. (7.45%), AQR Capital Management LLC (1.74%), JPMorgan Chase & Co. (1.68%), Van ECK Associates Corp (1.66%) and Charles Schwab Investment Management Inc. (1.31%). 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 major investors are selling CNX Resources stock?

CNX stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, AQR Capital Management LLC, Vanguard Group Inc., Point72 Asset Management L.P., Bank of New York Mellon Corp, Capital Fund Management S.A., D. E. Shaw & Co. Inc. and State Board of Administration of Florida Retirement System. View Insider Buying and Selling for CNX Resources.

Which major investors are buying CNX Resources stock?

CNX stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Caymus Capital Partners L.P., Paloma Partners Management Co, Nuveen Asset Management LLC, Southeast Asset Advisors Inc., Charles Schwab Investment Management Inc. and LSV Asset Management. 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, Robinhood, Fidelity and Charles Schwab.

What is CNX Resources' stock price today?

One share of CNX stock can currently be purchased for approximately $7.83.

How big of a company is CNX Resources?

CNX Resources has a market capitalization of $1.47 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.View Additional Information About CNX Resources.

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:  760 (Vote Outperform)
Underperform Votes:  519 (Vote Underperform)
Total Votes:  1,279
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 9/23/2019 by MarketBeat.com Staff

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