NYSE:CNX - CNX Resources Stock Price, News, & Analysis

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$10.46 0.00 (0.00 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$10.46
Today's Range$10.3715 - $10.65
52-Week Range$9.58 - $18.37
Volume2.66 million shs
Average Volume3.65 million shs
Market Capitalization$2.07 billion
P/E Ratio6.84
Dividend YieldN/A
Beta0.88
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryCoal & Consumable Fuels
SectorOils/Energy
CUSIP20854P10
Phone724-485-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.73 billion
Cash Flow$4.1181 per share
Book Value$25.62 per share

Profitability

Net Income$796.53 million

Miscellaneous

Employees564
Market Cap$2.07 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

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 declared that its Board of Directors has initiated a stock buyback plan on Wednesday, November 22nd 2017, which allows the company to repurchase $369,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued.

How were CNX Resources' earnings last quarter?

CNX Resources Corp (NYSE:CNX) posted its earnings results on Thursday, January, 31st. The oil and gas producer reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.39. The oil and gas producer earned $435.46 million during the quarter, compared to the consensus estimate of $436.26 million. CNX Resources had a return on equity of 5.91% and a net margin of 46.03%. During the same quarter in the previous year, the business earned ($0.23) EPS. View CNX Resources' Earnings History.

When is CNX Resources' next earnings date?

CNX Resources is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for CNX Resources.

What price target have analysts set for CNX?

7 Wall Street analysts have issued 12-month price objectives for CNX Resources' stock. Their forecasts range from $11.00 to $19.00. On average, they anticipate CNX Resources' stock price to reach $15.40 in the next year. This suggests a possible upside of 47.2% from the stock's current price. View Analyst Price Targets for CNX Resources.

What is the consensus analysts' recommendation for CNX Resources?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Resources.

Has CNX Resources been receiving favorable news coverage?

Media coverage about CNX stock has trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CNX Resources earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting CNX Resources?

CNX Resources saw a increase in short interest in January. As of January 15th, there was short interest totalling 23,909,523 shares, an increase of 24.6% from the December 31st total of 19,193,719 shares. Based on an average trading volume of 3,100,261 shares, the days-to-cover ratio is presently 7.7 days. Approximately 11.8% of the shares of the company are sold short. View CNX Resources' Current Options Chain.

Who are some of CNX Resources' key competitors?

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), Chesapeake Energy (CHK), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Micron Technology (MU), Kinder Morgan (KMI), General Electric (GE), United States Steel (X), Alibaba Group (BABA) and Gilead Sciences (GILD).

Who are CNX Resources' key executives?

CNX Resources' management team includes the folowing people:
  • Mr. Nicholas J. DeIuliis, Pres, CEO & Director (Age 50)
  • Mr. Stephen W. Johnson Esq., Exec. VP & Chief Admin. Officer (Age 60)
  • Mr. Timothy C. Dugan, Exec. VP & COO of Exploration & Production (Age 57)
  • Mr. Donald W. Rush, Exec. VP & CFO (Age 36)
  • Mr. Jason Mumford, Controller & Interim Principal Accounting Officer (Age 39)

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. (9.04%), Dimensional Fund Advisors LP (7.94%), ANTIPODES PARTNERS Ltd (2.72%), Van ECK Associates Corp (2.28%), Millennium Management LLC (2.18%) and Bank of New York Mellon Corp (1.57%). Company insiders that own CNX Resources stock include Bernard Lanigan, Jr, J Palmer Clarkson, Maureen Lally-Green and Mike Muzylowski. View Institutional Ownership Trends for CNX Resources.

Which institutional investors are selling CNX Resources stock?

CNX stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Bank of Montreal Can, Canada Pension Plan Investment Board, Paloma Partners Management Co, Bank of New York Mellon Corp, Squarepoint Ops LLC, Bank of America Corp DE and Raymond James & Associates. View Insider Buying and Selling for CNX Resources.

Which institutional investors are buying CNX Resources stock?

CNX stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, Two Sigma Investments LP, WINTON GROUP Ltd, D. E. Shaw & Co. Inc., LSV Asset Management, Nordea Investment Management AB and Two Sigma Advisers LP. Company insiders that have bought CNX Resources stock in the last two years include 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 $10.46.

How big of a company is CNX Resources?

CNX Resources has a market capitalization of $2.07 billion and generates $1.73 billion in revenue each year. The oil and gas producer earns $796.53 million in net income (profit) each year or $1.53 on an earnings per share basis. CNX Resources employs 564 workers across the globe.

What is CNX Resources' official website?

The official website for CNX Resources is http://www.consolenergy.com.

How can I contact CNX Resources?

CNX Resources' mailing address is CNX CENTER 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA, 15317. The oil and gas producer can be reached via phone at 724-485-4000.


MarketBeat Community Rating for CNX Resources (NYSE CNX)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  726 (Vote Outperform)
Underperform Votes:  492 (Vote Underperform)
Total Votes:  1,218
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.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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