NYSE:CNX CNX Resources (CNX) Stock Forecast, Price & News $15.44 +0.17 (+1.11%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$15.17▼$15.5450-Day Range$14.56▼$16.7552-Week Range$14.36▼$24.21Volume3.24 million shsAverage Volume3.14 million shsMarket Capitalization$2.56 billionP/E Ratio2.16Dividend YieldN/APrice Target$20.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CNX Resources MarketRank™ ForecastAnalyst RatingHold1.67 Rating ScoreUpside/Downside32.7% Upside$20.50 Price TargetShort InterestBearish15.77% of Float Sold ShortDividend StrengthN/ASustainability-9.10Upright™ Environmental ScoreNews Sentiment0.63Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth12.21%From $1.72 to $1.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.05 out of 5 starsOils/Energy Sector177th out of 249 stocksCrude Petroleum & Natural Gas Industry67th out of 80 stocks 2.8 Analyst's Opinion Consensus RatingCNX Resources has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.50, CNX Resources has a forecasted upside of 32.7% from its current price of $15.45.Amount of Analyst CoverageCNX Resources has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted15.77% of the float of CNX Resources has been sold short.Short Interest Ratio / Days to CoverCNX Resources has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in CNX Resources has recently increased by 2.70%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldCNX Resources does not currently pay a dividend.Dividend GrowthCNX Resources does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCNX Resources has received a -256.31% net impact score from Upright. The largest negative impact of Consol Energy in category "GHG emissions" seems to be driven mostly by its "Thermal coal", "Metallurgical coal", and "Ship port operations" products. See details.Environmental SustainabilityThe Environmental Impact score for CNX Resources is -9.10. Previous Next 3.1 News and Social Media Coverage News SentimentCNX Resources has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for CNX Resources this week, compared to 4 articles on an average week.Search Interest1 people have searched for CNX on MarketBeat in the last 30 days. MarketBeat Follows3 people have added CNX Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CNX Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.72% of the stock of CNX Resources is held by insiders.Percentage Held by Institutions93.66% of the stock of CNX Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CNX Resources are expected to grow by 12.21% in the coming year, from $1.72 to $1.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CNX Resources is 2.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.58.Price to Earnings Ratio vs. SectorThe P/E ratio of CNX Resources is 2.16, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.30.Price to Earnings Growth RatioCNX Resources has a PEG Ratio of 1.42. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCNX Resources has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CNX Resources (NYSE:CNX) StockCNX Resources Corp. engages in the exploration, development, production, and acquisition of natural gas properties in the Appalachian Basin. It operates through the following segments: Shale, Coalbed Methane, and Other Gas. The Shale segment refers to primary reserves, production, and capital investments. The Coalbed Methane segment focuses on the production of CBM natural gas from Pocahontas No.3. The Other Gas segment operates shale and shallow oil from Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. The company was founded in 1864 and is headquartered in Canonsburg, PA.Read More Receive CNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CNX Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CNX Stock News HeadlinesMay 31, 2023 | finance.yahoo.comWhy Is Diamondback (FANG) Down 4.1% Since Last Earnings Report?May 30, 2023 | americanbankingnews.comCNX Resources Co. (NYSE:CNX) Receives $20.50 Average Price Target from BrokeragesMay 31, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 27, 2023 | news.yahoo.comCNX Resources expansion brings 67 retained jobs and eight new jobs to RichlandsMay 26, 2023 | bizjournals.comCNX chief excellence officer to leave natural gas producerMay 22, 2023 | americanbankingnews.comMizuho Raises CNX Resources (NYSE:CNX) Price Target to $17.00May 20, 2023 | americanbankingnews.comCNX Resources (NYSE:CNX) Research Coverage Started at StockNews.comMay 19, 2023 | msn.comMizuho Maintains CNX Resources (CNX) Underperform RecommendationMay 31, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 19, 2023 | americanbankingnews.comPiper Sandler Cuts CNX Resources (NYSE:CNX) Price Target to $16.00May 18, 2023 | msn.comPiper Sandler Maintains CNX Resources (CNX) Neutral RecommendationMay 18, 2023 | forbes.comSEC Chair’s Policies Facilitating Abuse Of Shareholder Proposals This Proxy SeasonMay 18, 2023 | markets.businessinsider.comExpert Ratings for CNX ResourcesMay 17, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for CNX Resources Co. (NYSE:CNX) Issued By Capital One FinancialMay 16, 2023 | americanbankingnews.comCNX Resources Co. (NYSE:CNX) Short Interest UpdateMay 15, 2023 | msn.comGreenlight Capital adds NY Community Bancorp; exits Victoria's Secret, 23andMeMay 14, 2023 | americanbankingnews.comFY2023 Earnings Forecast for CNX Resources Co. (NYSE:CNX) Issued By Capital One FinancialMay 13, 2023 | marketwatch.comWhen Cnx Resources Corp ($CNX) Moves Investors should ListenMay 7, 2023 | americanbankingnews.comCNX Resources Co. (NYSE:CNX) Given Average Rating of "Hold" by BrokeragesMay 4, 2023 | bizjournals.comCNX shareholders reject climate-change proposal that drew heated debateMay 3, 2023 | bizjournals.comShareholder adviser hits back at CNX in latest turn of proxy battleMay 3, 2023 | msn.comCNX Resources's Return On Capital Employed InsightsMay 3, 2023 | finance.yahoo.comBrokers Are Upgrading Their Views On CNX Resources Corporation (NYSE:CNX) With These New ForecastsMay 2, 2023 | msn.comUnusual Put Option Trade in CNX Resources (CNX) Worth $105.00KApril 29, 2023 | americanbankingnews.comCNX Resources (NYSE:CNX) Reaches New 1-Year Low at $14.36April 28, 2023 | markets.businessinsider.comCNX Resources Corporation Q1 Earnings SummaryApril 28, 2023 | finance.yahoo.comCNX Resources (CNX) Q1 Earnings Beat, Sales Miss EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CNX Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CNX Company Calendar Last Earnings1/26/2023Today5/31/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryCoal & Consumable Fuels SectorOils/Energy Current SymbolNYSE:CNX CUSIP20854P10 CIK1070412 Webwww.cnx.com Phone(724) 485-4000Fax724-485-4833Employees441Year Founded1860Price Target and Rating Average Stock Price Forecast$20.50 High Stock Price Forecast$31.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+33.4%Consensus RatingHold Rating Score (0-4)1.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$7.16 Trailing P/E Ratio2.15 Forward P/E Ratio8.94 P/E Growth1.42Net Income$-142,080,000.00 Net Margins43.22% Pretax Margin56.94% Return on Equity17.55% Return on Assets5.66% Debt Debt-to-Equity Ratio0.62 Current Ratio0.50 Quick Ratio0.46 Sales & Book Value Annual Sales$1.26 billion Price / Sales2.02 Cash Flow$5.87 per share Price / Cash Flow2.62 Book Value$21.55 per share Price / Book0.71Miscellaneous Outstanding Shares165,580,000Free Float159,417,000Market Cap$2.54 billion OptionableOptionable Beta1.31 Social Links Key ExecutivesNicholas J. DeIuliisPresident, Chief Executive Officer & DirectorNavneet BehlChief Operating OfficerAlan K. ShepardChief Financial & Accounting OfficerRavi SrivastavaPresident-New TechnologiesOlayemi AkinkugbeChief Excellence Officer & Executive VPKey CompetitorsNorthern Oil and GasNYSE:NOGComstock ResourcesNYSE:CRKCalifornia ResourcesNYSE:CRCKosmos EnergyNYSE:KOSEnerplusNYSE:ERFView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 4,157 shares on 5/26/2023Ownership: 0.018%Brandywine Global Investment Management LLCSold 1,530 shares on 5/25/2023Ownership: 0.533%Toroso Investments LLCBought 27,616 shares on 5/23/2023Ownership: 0.024%Ameriprise Financial Inc.Sold 19,728 shares on 5/22/2023Ownership: 0.137%Putnam Investments LLCSold 3,796 shares on 5/22/2023Ownership: 0.120%View All Institutional Transactions CNX Stock - Frequently Asked Questions Should I buy or sell CNX Resources stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last twelve months. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street 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. What is CNX Resources' stock price forecast for 2023? 6 brokerages have issued 12 month price targets for CNX Resources' shares. Their CNX share price forecasts range from $16.00 to $31.00. On average, they predict the company's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 33.4% from the stock's current price. View analysts price targets for CNX or view top-rated stocks among Wall Street analysts. How have CNX shares performed in 2023? CNX Resources' stock was trading at $16.84 at the beginning of 2023. Since then, CNX stock has decreased by 8.7% and is now trading at $15.37. View the best growth stocks for 2023 here. Are investors shorting CNX Resources? CNX Resources saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 24,780,000 shares, a decrease of 7.6% from the April 15th total of 26,830,000 shares. Based on an average trading volume of 3,150,000 shares, the days-to-cover ratio is presently 7.9 days. Currently, 15.3% of the shares of the stock are sold short. View CNX Resources' Short Interest. When is CNX Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our CNX earnings forecast. How were CNX Resources' earnings last quarter? CNX Resources Co. (NYSE:CNX) announced its earnings results on Thursday, January, 26th. The oil and gas producer reported $5.68 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $5.11. The oil and gas producer earned $1.64 billion during the quarter, compared to analyst estimates of $510.19 million. CNX Resources had a net margin of 43.22% and a trailing twelve-month return on equity of 17.55%. The business's revenue was up 26.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.31 earnings per share. What ETFs hold CNX Resources' stock? ETFs with the largest weight of CNX Resources (NYSE:CNX) stock in their portfolio include SPDR S&P Oil & Gas Exploration & Production ETF (XOP), First Trust Natural Gas ETF (FCG), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Ballast Small/Mid Cap ETF (MGMT), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH), Cambria Shareholder Yield ETF (SYLD), First Trust Small Cap Growth AlphaDEX Fund (FYC) and WisdomTree U.S. SmallCap Fund (EES). What is Jimmy A. Brock's approval rating as CNX Resources' CEO? 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. 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), 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). What is CNX Resources' stock symbol? CNX Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNX." Who are CNX Resources' major shareholders? CNX Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.59%), Southeastern Asset Management Inc. TN (8.31%), State Street Corp (6.67%), Bank of New York Mellon Corp (2.35%), Macquarie Group Ltd. (2.08%) and Geode Capital Management LLC (2.00%). Insiders that own company stock include Alan K Shepard, Bernard Lanigan, Jr, Donald W Rush and N J Deiuliis. View institutional ownership trends. How do I buy shares of CNX Resources? 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. What is CNX Resources' stock price today? One share of CNX stock can currently be purchased for approximately $15.37. How much money does CNX Resources make? CNX Resources (NYSE:CNX) has a market capitalization of $2.54 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 $7.16 on an earnings per share basis. How many employees does CNX Resources have? The company employs 441 workers across the globe. How can I contact CNX Resources? 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. This page (NYSE:CNX) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CNX Resources Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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