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 has initiated a stock repurchase program on Wednesday, November 22nd 2017, which permits the company to buyback $369,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its stock is undervalued.

CNX Resources Corp (NYSE:CNX) released its earnings results on Tuesday, October, 30th. The oil and gas producer reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.02. The oil and gas producer had revenue of $397.10 million for the quarter, compared to the consensus estimate of $376.23 million. CNX Resources had a return on equity of 3.73% and a net margin of 54.81%. The firm's revenue for the quarter was up 38.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.11) EPS. 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.

7 brokerages have issued 1-year target prices for CNX Resources' stock. Their forecasts range from $14.00 to $23.00. On average, they anticipate CNX Resources' share price to reach $18.00 in the next twelve months. This suggests a possible upside of 39.0% from the stock's current price. View Analyst Price Targets 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, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Resources.

News articles about CNX stock have been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CNX Resources earned a news impact score of 2.6 on InfoTrie's scale. They also gave news articles about the oil and gas producer a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the next few days.

CNX Resources saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 15,279,386 shares, an increase of 24.5% from the October 15th total of 12,275,110 shares. Based on an average daily volume of 3,766,508 shares, the days-to-cover ratio is presently 4.1 days. Approximately 7.2% of the shares of the stock are sold short. View CNX Resources' Current Options Chain.

Some companies that are related to CNX Resources include Cabot Oil & Gas (COG), Diamondback Energy (FANG), Cenovus Energy (CVE), Cimarex Energy (XEC), Energen (EGN), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), EQT (EQT), Centennial Resource Development (CDEV), Antero Resources (AR), Vermilion Energy (VET), Viper Energy Partners (VNOM) and Range Resources (RRC).

CNX Resources' stock is owned by a variety 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%), Key Group Holdings Cayman LTD. (3.33%), Capital International Investors (3.06%) and ANTIPODES PARTNERS Ltd (2.59%). 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 bought 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 $12.95.

CNX Resources has a market capitalization of $2.72 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.