NYSE:CNXCNX Resources Stock Price, Forecast & News

CNX Resources' stock was trading at $5.11 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CNX stock has 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) announced its quarterly earnings results on Monday, April, 27th. The oil and gas producer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.11 by $0.50. The oil and gas producer had revenue of $416.30 million for the quarter, compared to analysts' expectations of $407.17 million. CNX Resources had a positive return on equity of 1.18% and a negative net margin of 15.65%. The firm's quarterly revenue was up 49.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 EPS. View CNX Resources' earnings history.

7 equities research analysts have issued twelve-month target prices for CNX Resources' stock. Their forecasts range from $7.11 to $17.00. On average, they expect CNX Resources' stock 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.

Media headlines about CNX stock have been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive 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 -3.5 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. 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 daily trading volume, of 6,520,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 12.3% of the company's stock are short sold. 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 a number of 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 purchased 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.