About CNX Resources (NYSE:CNX)
CNX Resources Corporation, an independent oil and natural gas company, explores for, develops, and produces natural gas in the Appalachian Basin. As of December 31, 2017, it had 7.6 trillion cubic feet equivalent of proved natural gas reserves. The company also owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale in Pennsylvania and West Virginia. In addition, it offers gas gathering and water delivery solutions, as well as land services to 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 incorporated in 1991 and is headquartered in Canonsburg, Pennsylvania.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryCoal & Consumable Fuels
Trailing P/E Ratio-105.25
Forward P/E Ratio27.52
Sales & Book Value
Annual Sales$1.46 billion
Price / Sales2.51
Cash Flow$1.6723 per share
Price / Cash10.04
Book Value$17.38 per share
Price / Book0.97
EPS (Most Recent Fiscal Year)($0.16)
Net Income$380.74 million
Return on Equity1.36%
Return on Assets0.70%
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 has initiated a stock repurchase program on Wednesday, November 22nd 2017, which allows the company to repurchase $369,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.
How were CNX Resources' earnings last quarter?
CNX Resources Corp (NYSE:CNX) announced its quarterly earnings results on Thursday, May, 3rd. The oil and gas producer reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.12 by $0.07. The oil and gas producer had revenue of $496 million for the quarter, compared to the consensus estimate of $408.68 million. CNX Resources had a return on equity of 1.36% and a net margin of 37.74%. CNX Resources's quarterly revenue was up 55.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 earnings per share. View CNX Resources' Earnings History.
When is CNX Resources' next earnings date?
What price target have analysts set for CNX?
10 brokers have issued 1-year target prices for CNX Resources' stock. Their predictions range from $16.00 to $32.00. On average, they expect CNX Resources' share price to reach $21.8889 in the next twelve months. View Analyst Ratings for CNX Resources.
Are investors shorting CNX Resources?
CNX Resources saw a decrease in short interest during the month of May. As of May 31st, there was short interest totalling 14,450,929 shares, a decrease of 20.5% from the May 15th total of 18,183,551 shares. Based on an average trading volume of 2,190,579 shares, the days-to-cover ratio is presently 6.6 days. Currently, 6.7% of the company's shares are sold short.
Who are some of CNX Resources' key competitors?
Some companies that are related to CNX Resources include Rwe Ag Sp (RWEOY), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Diamondback Energy (FANG), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), RSP Permian (RSPP), Antero Resources (AR), Energen (EGN), Murphy Oil (MUR) and Newfield Exploration (NFX).
Who are CNX Resources' key executives?
CNX Resources' management team includes the folowing people:
- Mr. Nicholas J. DeIuliis, Pres, CEO & Director (Age 49)
- Mr. Stephen W. Johnson Esq., Exec. VP & Chief Admin. Officer (Age 59)
- Mr. Timothy C. Dugan, Exec. VP & COO of Exploration & Production (Age 56)
- Mr. Jason Mumford, Controller & Interim Principal Accounting Officer (Age 38)
- Mr. George Rosato, VP of Information Systems & Technology
Has CNX Resources been receiving favorable news coverage?
Press coverage about CNX stock has trended positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CNX Resources earned a news impact score of 0.34 on Accern's scale. They also gave media coverage about the oil and gas producer an impact score of 43.35 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are CNX Resources' major shareholders?
CNX Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.83%), Dimensional Fund Advisors LP (6.86%), Van ECK Associates Corp (2.43%), UBS Group AG (1.26%), Northern Trust Corp (0.86%) and Dalton Greiner Hartman Maher & Co. (0.61%). Company insiders that own CNX Resources stock include Alvin R Carpenter, Bernard Lanigan Jr, J Palmer Clarkson, Maureen Lally-Green and Mike Muzylowski. 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 Prudential Financial Inc., UBS Group AG, CapWealth Advisors LLC, Van ECK Associates Corp, Northern Trust Corp, BlackRock Inc., California Public Employees Retirement System and Legal & General Group Plc. 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 Dimensional Fund Advisors LP, Matarin Capital Management LLC, Ancora Advisors LLC, Southeast Asset Advisors Inc., Trexquant Investment LP, Quadrature Capital Ltd, Russell Investments Group Ltd. and Centenus Global Management LP. 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 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, Scottrade, Fidelity and Charles Schwab.
What is CNX Resources' stock price today?
One share of CNX stock can currently be purchased for approximately $16.78.
How big of a company is CNX Resources?
CNX Resources has a market capitalization of $3.66 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 ($0.16) 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 CNX CENTER 1000 CONSOL ENERGY DRIVE, CANONSBURG PA, 15317. The oil and gas producer can be reached via phone at 724-485-4000.
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 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.