NYSE:CNX - CNX Resources Stock Price, News, & Analysis

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

CNX Resources announced that its board has authorized a share buyback program on Wednesday, November 22nd 2017, which permits the company to buyback $369,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase 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.

CNX Resources Corp (NYSE:CNX) announced its quarterly earnings data on Thursday, January, 31st. The oil and gas producer reported $0.67 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.39. The oil and gas producer had revenue of $435.46 million for the quarter, compared to analyst estimates of $436.26 million. CNX Resources had a return on equity of 5.91% and a net margin of 46.03%. During the same quarter in the previous year, the company posted ($0.23) EPS. View CNX Resources' Earnings History.

CNX Resources is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for CNX Resources.

7 equities research analysts have issued 12 month target prices for CNX Resources' shares. Their predictions range from $11.00 to $19.00. On average, they anticipate CNX Resources' share price to reach $15.40 in the next twelve months. This suggests a possible upside of 50.7% from the stock's current price. View Analyst Price Targets for CNX Resources.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Resources.

News headlines about CNX stock have trended negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CNX Resources earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

CNX Resources saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 23,909,523 shares, an increase of 24.6% from the December 31st total of 19,193,719 shares. Based on an average daily trading volume, of 3,100,261 shares, the short-interest ratio is presently 7.7 days. Approximately 11.8% of the company's stock are short sold. View CNX Resources' Current Options Chain.

Some companies that are related to CNX Resources include Cimarex Energy (XEC), Energen (EGN), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), EQT (EQT), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Centennial Resource Development (CDEV), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY), Antero Resources (AR) and Range Resources (RRC).

CNX Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.04%), Dimensional Fund Advisors LP (7.94%), ANTIPODES PARTNERS Ltd (2.72%), Van ECK Associates Corp (2.28%), Millennium Management LLC (2.18%) and Bank of New York Mellon Corp (1.57%). Company insiders that own CNX Resources stock include Bernard Lanigan, Jr, J Palmer Clarkson, Maureen Lally-Green and Mike Muzylowski. View Institutional Ownership Trends for CNX Resources.

CNX stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Bank of Montreal Can, Canada Pension Plan Investment Board, Paloma Partners Management Co, Bank of New York Mellon Corp, Squarepoint Ops LLC, Bank of America Corp DE and Raymond James & Associates. View Insider Buying and Selling for CNX Resources.

CNX stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, Two Sigma Investments LP, WINTON GROUP Ltd, D. E. Shaw & Co. Inc., LSV Asset Management, Two Sigma Advisers LP and BlackRock Inc.. Company insiders that have bought CNX Resources stock in the last two years include Bernard Lanigan, Jr, J Palmer Clarkson, Maureen Lally-Green and Mike Muzylowski. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of CNX stock can currently be purchased for approximately $10.22.

CNX Resources has a market capitalization of $2.03 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 561 workers across the globe.

The official website for CNX Resources is http://www.consolenergy.com.

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.