NYSE:CNXCNX Resources Stock Price, Forecast & News

CNX Resources' stock was trading at $5.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CNX shares have increased by 93.7% and is now trading at $9.90. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CNX Resources.

CNX Resources is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for CNX Resources.

CNX Resources Corp (NYSE:CNX) released its quarterly earnings data on Monday, April, 27th. The oil and gas producer reported $0.61 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.50. The oil and gas producer earned $416.30 million during the quarter, compared to the consensus estimate of $407.17 million. CNX Resources had a negative net margin of 15.65% and a positive return on equity of 1.18%. The company's quarterly revenue was up 49.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.34 earnings per share. View CNX Resources' earnings history.

7 analysts have issued 12-month price objectives for CNX Resources' shares. Their forecasts range from $7.11 to $17.00. On average, they anticipate CNX Resources' share price to reach $12.19 in the next year. This suggests a possible upside of 23.1% from the stock's current price. View analysts' price targets for CNX Resources.

Press coverage about CNX stock has been trending very positive recently, according to InfoTrie. The research group identifies negative and positive news 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 3.5 on InfoTrie's scale. They also gave news headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCNX Resources.

CNX Resources saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 22,570,000 shares, an increase of 21.9% from the April 30th total of 18,520,000 shares. Based on an average trading volume of 6,520,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 12.3% of the company's shares are sold short. View CNX Resources' Current Options Chain.

Some companies that are related to CNX Resources include Warrior Met Coal (HCC), Arch Coal (ARCH), Uranium Energy (UEC), Hallador Energy (HNRG), Cloud Peak Energy (CLDPQ), KiOR (KIORQ) and Uranerz Energy (URZ). View all competitors.

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

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

CNX Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders include Southeastern Asset Management Inc. TN (25.82%), BlackRock Inc. (11.63%), State Street Corp (6.94%), Bank of New York Mellon Corp (1.45%), Geode Capital Management LLC (1.41%) and JPMorgan Chase & Co. (0.94%). Company insiders that own CNX Resources stock include Bernard Lanigan, Jr and J Palmer Clarkson. View institutional ownership trends for CNX Resources.

CNX stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Southeastern Asset Management Inc. TN, UBS Group AG, Quaker Capital Investments LLC, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., BlackRock Inc., and Morgan Stanley. View insider buying and selling activity for CNX Resources.

CNX stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Parkwood LLC, Connor Clark & Lunn Investment Management Ltd., Grantham Mayo Van Otterloo & Co. LLC, Balyasny Asset Management LLC, Aperio Group LLC, Geode Capital Management LLC, and Southeast Asset Advisors Inc.. Company insiders that have bought CNX Resources stock in the last two years include Bernard Lanigan, Jr, and J Palmer Clarkson. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of CNX stock can currently be purchased for approximately $9.90.

CNX Resources has a market capitalization of $1.85 billion and generates $1.92 billion in revenue each year. The oil and gas producer earns $-80,730,000.00 in net income (profit) each year or $0.26 on an earnings per share basis. CNX Resources employs 564 workers across the globe.

The official website for CNX Resources is www.cnx.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.