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 program 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 programs are typically an indication that the company's board believes its stock is undervalued.

CNX Resources Corp (NYSE:CNX) posted its quarterly earnings data on Tuesday, July, 30th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.06. The oil and gas producer had revenue of $605.03 million for the quarter, compared to the consensus estimate of $357.30 million. CNX Resources had a net margin of 17.60% and a return on equity of 4.09%. The company's revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $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' shares. Their predictions range from $7.11 to $19.00. On average, they anticipate CNX Resources' stock price to reach $13.03 in the next twelve months. This suggests a possible upside of 78.9% 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.

Media stories about CNX stock have trended negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CNX Resources earned a daily sentiment score of -2.6 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for CNX Resources.

CNX Resources saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 31,490,000 shares, a drop 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 short-interest ratio is presently 6.2 days. Currently, 17.0% of the shares of the company are short sold. 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), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY), EQT (EQT), Vermilion Energy (VET), Kosmos Energy (KOS), Chesapeake Energy (CHK), Tellurian (TELL), Crescent Point Energy (CPG), 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 investors 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 $7.28.

CNX Resources has a market capitalization of $1.37 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.