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 announced that its Board of Directors has initiated a share repurchase program on Wednesday, November 22nd 2017, which authorizes the company to buyback $369,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

CNX Resources (NYSE:CNX) issued its quarterly earnings data on Thursday, May, 3rd. The oil and gas producer reported $0.19 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $408.68 million. CNX Resources had a return on equity of 1.36% and a net margin of 37.74%. The firm's revenue for the quarter was up 55.0% on a year-over-year basis. During the same period last year, the firm earned $0.17 EPS. View CNX Resources' Earnings History.

CNX Resources is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for CNX Resources.

10 equities research analysts have issued 12 month price objectives for CNX Resources' stock. Their predictions range from $16.00 to $32.00. On average, they expect CNX Resources' share price to reach $23.4444 in the next year. View Analyst Ratings for CNX Resources.

Some companies that are related to CNX Resources include EQT (EQT), Toray Industries (TRYIY), Cenovus Energy (CVE), Diamondback Energy (FANG), 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), Centennial Resource Dev (CDEV) and Murphy Oil (MUR).

Headlines about CNX stock have trended very positive on Monday, according to Accern. The research group identifies positive and negative press coverage by analyzing more than twenty 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 0.51 on Accern's scale. They also gave news articles about the oil and gas producer an impact score of 47.26 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

CNX Resources' stock is owned by a number of of retail and institutional 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, David Einhorn, 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 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.

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.

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 $16.57.

CNX Resources has a market capitalization of $3.56 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.