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
SectorOils/Energy
SymbolNYSE:CNX
CUSIP20854P10
Phone724-485-4000
Debt
Debt-to-Equity Ratio0.44
Current Ratio0.93
Quick Ratio0.91
Price-To-Earnings
Trailing P/E Ratio-105.69
Forward P/E Ratio27.72
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.46 billion
Price / Sales2.53
Cash Flow$1.6843 per share
Price / Cash10.04
Book Value$17.38 per share
Price / Book0.97
Profitability
EPS (Most Recent Fiscal Year)($0.16)
Net Income$380.74 million
Net Margins37.74%
Return on Equity1.36%
Return on Assets0.70%
Miscellaneous
Employees561
Outstanding Shares217,910,000
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 authorized a share buyback program on Wednesday, November 22nd 2017, which allows the company to buyback $369,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.
How were CNX Resources' earnings last quarter?
CNX Resources Corp (NYSE:CNX) issued its quarterly earnings results on Thursday, May, 3rd. The oil and gas producer reported $0.19 EPS for the quarter, beating the Zacks' consensus estimate of $0.12 by $0.07. The oil and gas producer earned $496 million during the quarter, compared to analysts' expectations of $408.68 million. CNX Resources had a net margin of 37.74% and a return on equity of 1.36%. The firm's quarterly revenue was up 55.0% compared to the same quarter last year. During the same quarter last 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 analysts have issued 12-month price objectives for CNX Resources' stock. Their predictions range from $16.00 to $32.00. On average, they anticipate 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 decline in short interest in May. As of May 31st, there was short interest totalling 14,450,929 shares, a decline 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 short-interest ratio is currently 6.6 days. Approximately 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?
Headlines about CNX stock have been trending somewhat negative on Wednesday, Accern Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CNX Resources earned a news sentiment score of -0.02 on Accern's scale. They also gave media stories about the oil and gas producer an impact score of 40.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are CNX Resources' major shareholders?
CNX Resources' stock is owned by many different 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 acquired 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 $16.91.
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.
