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

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$10.51 +0.24 (+2.34 %)
(As of 04/24/2019 03:52 AM ET)
Previous Close$10.27
Today's Range$10.29 - $10.63
52-Week Range$9.58 - $18.37
Volume3.53 million shs
Average Volume3.34 million shs
Market Capitalization$2.08 billion
P/E Ratio6.87
Dividend YieldN/A
Beta0.8
CNX Resources Corporation, an independent oil and gas company, explores for, develops, and produces natural gas primarily in the Appalachian Basin. The company operates through two divisions, Exploration and Production (E&P), and Midstream. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 539,000 net Marcellus Shale acres; and 627,000 net acres of Utica Shale, as well as rights to extract natural gas from other shale and shallow oil and gas positions from approximately 968,000 in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. It also owns rights to extract coalbed methane (CBM) in Virginia from approximately 308,000 net CBM acres, as well as 210,000 net CBM acres in West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. The Midstream division owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. The company also offers gas gathering and water delivery solutions 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 founded in 1860 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$4.2379 per share
Book Value$25.62 per share

Profitability

Net Income$796.53 million

Miscellaneous

Employees564
Market Cap$2.08 billion
Next Earnings Date4/30/2019 (Confirmed)
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 approved a stock buyback program on Wednesday, November 22nd 2017, which authorizes the company to repurchase $369,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were CNX Resources' earnings last quarter?

CNX Resources Corp (NYSE:CNX) announced its earnings results on Thursday, January, 31st. The oil and gas producer reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.39. The oil and gas producer had revenue of $435.46 million for the quarter, compared to analyst estimates of $436.26 million. CNX Resources had a return on equity of 5.91% and a net margin of 46.03%. During the same period last year, the company earned ($0.23) earnings per share. View CNX Resources' Earnings History.

When is CNX Resources' next earnings date?

CNX Resources is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for CNX Resources.

What price target have analysts set for CNX?

7 brokers have issued twelve-month price targets for CNX Resources' shares. Their forecasts range from $11.00 to $19.00. On average, they expect CNX Resources' share price to reach $15.40 in the next year. This suggests a possible upside of 46.5% 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?

News stories about CNX stock have trended somewhat positive this week, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CNX Resources earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news headlines about the oil and gas producer a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.

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), General Electric (GE), Kinder Morgan (KMI), Gilead Sciences (GILD), Alibaba Group (BABA) and Encana (ECA).

Who are CNX Resources' key executives?

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

Who are CNX Resources' major shareholders?

CNX Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), First Citizens Bank & Trust Co. (0.02%), Gateway Investment Advisers LLC (0.01%), Virtu Financial LLC (0.01%), Traynor Capital Management Inc. (0.01%) and Advisor Partners LLC (0.01%). 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 major investors are selling CNX Resources stock?

CNX stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Retirement Systems of Alabama, Advisor Partners LLC and Traynor Capital Management Inc.. View Insider Buying and Selling for CNX Resources.

Which major investors are buying CNX Resources stock?

CNX stock was bought by a variety of institutional investors in the last quarter, including Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV, First Citizens Bank & Trust Co., Investors Research Corp and Virtu Financial LLC. 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 $10.51.

How big of a company is CNX Resources?

CNX Resources has a market capitalization of $2.08 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:  738 (Vote Outperform)
Underperform Votes:  496 (Vote Underperform)
Total Votes:  1,234
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 4/24/2019 by MarketBeat.com Staff

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