NYSE:CNX - CNX Resources Stock Price, Price Target & More

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

CNX Resources declared that its board has approved a share repurchase plan on Wednesday, November 22nd 2017, which allows the company to buyback $369,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

CNX Resources Corp (NYSE:CNX) announced its quarterly earnings data on Thursday, May, 3rd. The oil and gas producer reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.07. The oil and gas producer had revenue of $496 million for the quarter, compared to analyst estimates of $408.68 million. CNX Resources had a return on equity of 1.36% and a net margin of 37.74%. The company's revenue was up 55.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 EPS. View CNX Resources' Earnings History.

CNX Resources is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for CNX Resources.

10 analysts have issued 12 month target prices for CNX Resources' stock. Their forecasts range from $16.00 to $32.00. On average, they expect CNX Resources' stock price to reach $21.8889 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Ratings for CNX Resources.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

CNX Resources saw a drop in short interest in May. As of May 31st, there was short interest totalling 14,450,929 shares, a drop of 20.5% from the May 15th total of 18,183,551 shares. Based on an average daily volume of 2,190,579 shares, the short-interest ratio is currently 6.6 days. Approximately 6.7% of the shares of the company are short sold. View CNX Resources' Current Options Chain.

Some companies that are related to CNX Resources include EQT (EQT), Diamondback Energy (FANG), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR) and Vermilion Energy (VET).

Media coverage about CNX stock has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. CNX Resources earned a daily sentiment score of 0.17 on Accern's scale. They also gave news stories about the oil and gas producer an impact score of 43.46 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

CNX Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.67%), Dalton Greiner Hartman Maher & Co. (0.52%), Retirement Systems of Alabama (0.12%) and State of Alaska Department of Revenue (0.01%). 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.

CNX stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Retirement Systems of Alabama. View Insider Buying and Selling for CNX Resources.

CNX stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can and State of Alaska Department of Revenue. 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.

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 $17.04.

CNX Resources has a market capitalization of $3.76 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.

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.