CNX Resources - CNX Stock Forecast, Price & News

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 and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CNX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNX, but not buy additional shares or sell existing shares.
View CNX analyst ratings or view top-rated stocks.

5 analysts have issued 1 year price objectives for CNX Resources' stock. Their CNX share price forecasts range from $16.00 to $31.00. On average, they expect the company's share price to reach $21.43 in the next year. This suggests a possible upside of 40.6% from the stock's current price.
View analysts price targets for CNX or view top-rated stocks among Wall Street analysts.

CNX Resources' stock was trading at $16.84 at the start of the year. Since then, CNX shares have decreased by 9.5% and is now trading at $15.24.
View the best growth stocks for 2023 here.

CNX Resources saw a decline in short interest during the month of February. As of February 15th, there was short interest totaling 25,790,000 shares, a decline of 13.5% from the January 31st total of 29,830,000 shares. Based on an average daily volume of 3,030,000 shares, the short-interest ratio is presently 8.5 days. Currently, 15.5% of the shares of the company are sold short.
View CNX Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our CNX earnings forecast.

CNX Resources Co. (NYSE:CNX) posted its earnings results on Thursday, January, 26th. The oil and gas producer reported $5.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $5.11. The oil and gas producer had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $510.19 million. CNX Resources had a negative net margin of 5.36% and a positive trailing twelve-month return on equity of 21.25%. CNX Resources's revenue was up 26.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 earnings per share.

ETFs with the largest weight of CNX Resources (NYSE:CNX) stock in their portfolio include SPDR S&P Oil & Gas Exploration & Production ETF (XOP), VanEck Energy Income ETF (EINC), 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), Cambria Value and Momentum ETF (VAMO) and Cambria Shareholder Yield ETF (SYLD).

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.

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).

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

CNX Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.87%), Southeastern Asset Management Inc. TN (6.36%), Macquarie Group Ltd. (3.69%), Geode Capital Management LLC (1.84%), JPMorgan Chase & Co. (1.28%) and Charles Schwab Investment Management Inc. (1.27%). Insiders that own company stock include Alan K Shepard, Bernard Lanigan, Jr, Donald W Rush and N J Deiuliis.
View institutional ownership trends.

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.

One share of CNX stock can currently be purchased for approximately $15.24.

CNX Resources (NYSE:CNX) has a market capitalization of $2.59 billion and generates $1.26 billion in revenue each year. The oil and gas producer earns $-142,080,000.00 in net income (profit) each year or ($1.07) on an earnings per share basis.

The company employs 441 workers across the globe.

CNX Resources' mailing address is CNX CENTER 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA, 15317. The official website for the company is www.cnx.com. The oil and gas producer can be reached via phone at (724) 485-4000 or via fax at 724-485-4833.