CNX Resources - CNX Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CNX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNX, but not buy additional shares or sell existing shares.
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5 equities research analysts have issued twelve-month price objectives for CNX Resources' stock. Their CNX share price forecasts range from $16.00 to $31.00. On average, they predict the company's share price to reach $21.86 in the next year. This suggests a possible upside of 34.8% from the stock's current price.
View analysts price targets for CNX or view top-rated stocks among Wall Street analysts.

CNX Resources' stock was trading at $16.84 on January 1st, 2023. Since then, CNX shares have decreased by 3.7% and is now trading at $16.22.
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CNX Resources saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 27,480,000 shares, a decline of 5.4% from the December 31st total of 29,050,000 shares. Based on an average daily volume of 2,980,000 shares, the days-to-cover ratio is presently 9.2 days. Approximately 15.5% of the shares of the company are short sold.
View CNX Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our CNX earnings forecast.

CNX Resources Co. (NYSE:CNX) released its quarterly earnings results on Thursday, January, 26th. The oil and gas producer reported $5.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $5.10. The oil and gas producer had revenue of $1.64 billion for the quarter, compared to analyst estimates of $510.19 million. CNX Resources had a positive trailing twelve-month return on equity of 9.68% and a negative net margin of 29.81%. The company's quarterly revenue was up 26.8% on a year-over-year basis. During the same period last year, the company earned $0.31 EPS.

7 employees have rated CNX Resources Chief Executive Officer Jimmy A. Brock on Glassdoor.com. Jimmy A. Brock has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CNX Resources investors own include Bank of America (BAC), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), Kinder Morgan (KMI), Cisco Systems (CSCO), Ford Motor (F), General Electric (GE) and Gilead Sciences (GILD).

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

CNX Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.50%), Capital Management Corp VA (0.30%), Assenagon Asset Management S.A. (0.29%), Peregrine Capital Management LLC (0.26%), Comerica Bank (0.20%) and Congress Asset Management Co. MA (0.13%). Insiders that own company stock include Alan K Shepard, Bernard Lanigan, Jr, Donald W Rush and N J Deiuliis.
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Shares of CNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CNX stock can currently be purchased for approximately $16.22.

CNX Resources (NYSE:CNX) has a market capitalization of $2.93 billion and generates $756.79 million in revenue each year. The oil and gas producer earns $-498,640,000.00 in net income (profit) each year or ($3.85) on an earnings per share basis.

The company employs 441 workers across the globe.

CNX Resources' mailing address is CNX CENTER 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA, 15317. The official website for the company is www.cnx.com. The oil and gas producer can be reached via phone at (724) 485-4000 or via fax at 724-485-4833.