CNX Resources Corporation, an independent oil and natural gas company, explores for, develops, and produces natural gas in the Appalachian Basin. As of December 31, 2017, it had 7.6 trillion cubic feet equivalent of proved natural gas reserves. The company also owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale in Pennsylvania and West Virginia. In addition, it offers gas gathering and water delivery solutions, as well as land services 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 incorporated in 1991 and is headquartered in Canonsburg, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryCoal & Consumable Fuels
SectorOils/Energy
SymbolNYSE:CNX
CUSIP20854P10
Phone724-485-4000
Debt
Debt-to-Equity Ratio0.47
Current Ratio0.67
Quick Ratio0.65
Price-To-Earnings
Trailing P/E Ratio-94.94
Forward P/E Ratio22.67
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.46 billion
Price / Sales2.22
Cash Flow$1.6074 per share
Price / Cash9.45
Book Value$17.38 per share
Price / Book0.87
Profitability
EPS (Most Recent Fiscal Year)($0.16)
Net Income$380.74 million
Net Margins40.07%
Return on Equity2.37%
Return on Assets1.33%
Miscellaneous
Employees561
Outstanding Shares213,060,000
Market Cap$3.36 billion
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 plan on Wednesday, November 22nd 2017, which authorizes the company to repurchase $369,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually 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 quarterly earnings results on Thursday, August, 2nd. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.12 by $0.21. The oil and gas producer earned $402.12 million during the quarter, compared to the consensus estimate of $381.22 million. CNX Resources had a net margin of 40.07% and a return on equity of 2.37%. CNX Resources's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period last year, the company posted $0.08 EPS. View CNX Resources' Earnings History.
When is CNX Resources' next earnings date?
What price target have analysts set for CNX?
11 analysts have issued twelve-month target prices for CNX Resources' stock. Their predictions range from $16.00 to $32.00. On average, they expect CNX Resources' share price to reach $21.8889 in the next year. This suggests a possible upside of 44.1% from the stock's current price. View Analyst Price Targets for CNX Resources.
What is the consensus analysts' recommendation for CNX Resources?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNX Resources.
Who are some of CNX Resources' key competitors?
Some companies that are related to CNX Resources include Diamondback Energy (FANG), EQT (EQT), Encana (ECA), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), RSP Permian (RSPP), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR) and Centennial Resource Development (CDEV).
Who are CNX Resources' key executives?
CNX Resources' management team includes the folowing people:
- Mr. Nicholas J. DeIuliis, Pres & Director (Age 49)
- Mr. Stephen W. Johnson Esq., Exec. VP & Chief Admin. Officer (Age 59)
- Mr. Timothy C. Dugan, Exec. VP & COO of Exploration & Production (Age 56)
- Ms. Andrea Passman, Chief Exec. Officer
- Mr. Jason Mumford, Controller & Interim Principal Accounting Officer (Age 38)
Has CNX Resources been receiving favorable news coverage?
Media headlines about CNX stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CNX Resources earned a news impact score of 0.19 on Accern's scale. They also assigned press coverage about the oil and gas producer an impact score of 46.94 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for CNX Resources.
Who are CNX Resources' major shareholders?
CNX Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.88%), Dimensional Fund Advisors LP (7.33%), Van ECK Associates Corp (2.57%), ANTIPODES PARTNERS Ltd (2.21%), Bank of New York Mellon Corp (1.47%) and Millennium Management LLC (1.27%). 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.
Which major investors are selling CNX Resources stock?
CNX stock was sold by a variety of institutional investors in the last quarter, including ANTIPODES PARTNERS Ltd, Millennium Management LLC, Nomura Holdings Inc., Canada Pension Plan Investment Board, BlackRock Inc., BlueMountain Capital Management LLC, Dalton Greiner Hartman Maher & Co. and Trexquant Investment LP. 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 Dimensional Fund Advisors LP, First Trust Advisors LP, Marshall Wace LLP, KBC Group NV, Mackay Shields LLC, Van ECK Associates Corp, Vantage Investment Partners LLC and Paloma Partners Management Co. 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.
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 $15.19.
How big of a company is CNX Resources?
CNX Resources has a market capitalization of $3.36 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.
How can I contact CNX Resources?
CNX Resources' mailing address is CNX CENTER 1000 CONSOL ENERGY DRIVE, 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)
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.
