CNX Resources Stock Price, News & Analysis (NYSE:CNX)

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

CNX Resources declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, November 22nd 2017, which permits the company to buyback $369,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

CNX Resources Corp (NYSE:CNX) announced its earnings results on Tuesday, July, 30th. The oil and gas producer reported $0.06 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.06. The oil and gas producer had revenue of $605.03 million for the quarter, compared to analysts' expectations of $357.30 million. CNX Resources had a net margin of 17.60% and a return on equity of 4.09%. CNX Resources's revenue for the quarter was up 50.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS. View CNX Resources' Earnings History.

CNX Resources is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for CNX Resources.

CNX Resources will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokers have issued 12 month price targets for CNX Resources' stock. Their predictions range from $7.11 to $19.00. On average, they expect CNX Resources' stock price to reach $13.03 in the next year. This suggests a possible upside of 76.8% from the stock's current price. View Analyst Price Targets for CNX Resources.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 3 hold ratings and 2 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 very negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CNX Resources earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news headlines about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for CNX Resources.

CNX Resources saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 31,490,000 shares, a decline of 6.9% from the August 15th total of 33,820,000 shares. Based on an average trading volume of 5,110,000 shares, the days-to-cover ratio is currently 6.2 days. Approximately 17.0% of the company's shares are sold short. View CNX Resources' Current Options Chain.

Some companies that are related to CNX Resources include Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Viper Energy Partners (VNOM), Murphy Oil (MUR), Magnolia Oil & Gas (MGY), Black Stone Minerals (BSM), EQT (EQT), Vermilion Energy (VET), Chesapeake Energy (CHK), Kosmos Energy (KOS), Crescent Point Energy (CPG), Tellurian (TELL), Matador Resources (MTDR) and PDC Energy (PDCE).

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), Kinder Morgan (KMI), Gilead Sciences (GILD), Encana (ECA), General Electric (GE) and Oasis Petroleum (OAS).

CNX Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Pacer Advisors Inc. (0.04%) and State of Alaska Department of Revenue (0.02%). Company insiders that own CNX Resources stock include Bernard Lanigan, Jr, J Palmer Clarkson and Maureen Lally-Green. View Institutional Ownership Trends for CNX Resources.

CNX stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc. and State of Alaska Department of Revenue. Company insiders that have bought CNX Resources stock in the last two years include Bernard Lanigan, Jr, J Palmer Clarkson and Maureen Lally-Green. 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, Robinhood, Fidelity and Charles Schwab.

One share of CNX stock can currently be purchased for approximately $7.37.

CNX Resources has a market capitalization of $1.38 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.View Additional Information About CNX Resources.

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.