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
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryCoal & Consumable Fuels
SectorOils/Energy
Current SymbolNYSE:CNX
Previous Symbol
CUSIP20854P10
Phone724-485-4000
Debt
Debt-to-Equity Ratio0.44
Current Ratio0.59
Quick Ratio0.57
Price-To-Earnings
Trailing P/E Ratio-77.13
Forward P/E Ratio12.72
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.46 billion
Price / Sales1.73
Cash Flow$1.6152 per share
Price / Cash Flow7.64
Book Value$17.38 per share
Price / Book0.71
Profitability
EPS (Most Recent Fiscal Year)($0.16)
Net Income$380.74 million
Net Margins54.81%
Return on Equity3.73%
Return on Assets2.26%
Miscellaneous
Employees561
Outstanding Shares203,600,000
Market Cap$2.60 billion
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 announced that its Board of Directors has initiated a stock repurchase program on Wednesday, November 22nd 2017, which allows the company to repurchase $369,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.
How were CNX Resources' earnings last quarter?
CNX Resources Corp (NYSE:CNX) issued its quarterly earnings results on Tuesday, October, 30th. The oil and gas producer reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.02. The oil and gas producer had revenue of $397.10 million for the quarter, compared to analyst estimates of $376.23 million. CNX Resources had a return on equity of 3.73% and a net margin of 54.81%. The company's revenue for the quarter was up 38.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.11) EPS. View CNX Resources' Earnings History.
When is CNX Resources' next earnings date?
What price target have analysts set for CNX?
6 brokerages have issued 1-year target prices for CNX Resources' shares. Their forecasts range from $14.00 to $23.00. On average, they expect CNX Resources' stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 49.9% from the stock's current price. View Analyst Price Targets for CNX Resources.
What is the consensus analysts' recommendation for CNX Resources?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 2 sell ratings, 1 hold rating and 3 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?
News headlines about CNX stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CNX Resources earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of CNX Resources' key competitors?
Some companies that are related to CNX Resources include Diamondback Energy (FANG), Cenovus Energy (CVE), Energen (EGN), Cimarex Energy (XEC), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Murphy Oil (MUR), Antero Resources (AR), Centennial Resource Development (CDEV), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM) and Range Resources (RRC).
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. Donald W. Rush, Exec. VP & CFO (Age 35)
- Mr. Jason Mumford, Controller & Interim Principal Accounting Officer (Age 38)
Who are CNX Resources' major shareholders?
CNX Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.87%), Dimensional Fund Advisors LP (7.64%), Vanguard Group Inc (6.78%), Vanguard Group Inc. (6.78%), Key Group Holdings Cayman LTD. (3.33%) and Capital International Investors (3.06%). 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 AQR Capital Management LLC, Bank of Montreal Can, BlueMountain Capital Management LLC, Dalton Greiner Hartman Maher & Co., First Trust Advisors LP, Trexquant Investment LP, Canada Pension Plan Investment Board and TIAA CREF Investment Management LLC. 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 Capital International Investors, FMR LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., BlackRock Inc., Key Group Holdings Cayman LTD., Morgan Stanley and Matarin Capital Management LLC. 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 $12.34.
How big of a company is CNX Resources?
CNX Resources has a market capitalization of $2.60 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.
What is CNX Resources' official website?
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)
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.
