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

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

CNX Resources declared 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 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

CNX Resources Corp (NYSE:CNX) announced its quarterly earnings results on Tuesday, October, 30th. The oil and gas producer reported $0.17 EPS for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.02. The oil and gas producer earned $397.10 million during 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 was up 38.3% on a year-over-year basis. During the same period last year, the business earned ($0.11) earnings per share. View CNX Resources' Earnings History.

CNX Resources is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for CNX Resources.

6 brokerages have issued 1-year price objectives for CNX Resources' stock. Their predictions range from $14.00 to $23.00. On average, they anticipate CNX Resources' stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 48.5% from the stock's current price. View Analyst Price Targets 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.

News stories about CNX stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CNX Resources earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave media coverage about the oil and gas producer a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the near term.

Some companies that are related to CNX Resources include Cabot Oil & Gas (COG), 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), Black Stone Minerals (BSM) and Vermilion Energy (VET).

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

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.

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.

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 $12.4550.

CNX Resources has a market capitalization of $2.64 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.

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

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.