CNX Coal Resources LP Company Profile (NYSE:CNXC)

About CNX Coal Resources LP (NYSE:CNXC)

CNX Coal Resources LP logoCNX Coal Resources LP is a producer of high-British thermal units (Btu) thermal coal in the Northern Appalachian Basin and the eastern United States. It is engaged in the management and development of coal operations of CONSOL Energy Inc. (CONSOL Energy) in Pennsylvania. It holds interest in, and operational control over, CONSOL Energy's Pennsylvania Mining Complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal that is sold primarily to electric utilities in the eastern United States. The Pennsylvania Mining Complex includes the Bailey Mine, the Enlow Fork Mine and the Harvey Mine. It mines its reserves from the Pittsburgh Number eight Coal Seam, which is a contiguous formation of uniform, Btu thermal coal. Its Bailey Mine is located in Enon, Pennsylvania. Its Enlow Fork Mine is located directly north of the Bailey Mine. Its Harvey Mine is located directly east of the Bailey and Enlow Fork Mines.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Coal - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:CNXC
  • CUSIP: N/A
  • Web: www.cnxlp.com
Capitalization:
  • Market Cap: $179.3 million
  • Outstanding Shares: 23,329,000
Average Prices:
  • 50 Day Moving Avg: $16.00
  • 200 Day Moving Avg: $16.10
  • 52 Week Range: $12.48 - $22.30
P/E:
  • Trailing P/E Ratio: 9.33
  • Foreward P/E Ratio: 7.61
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $316.77 million
  • Price / Sales: 1.13
  • Book Value: $6.15 per share
  • Price / Book: 2.49
Dividend:
  • Annual Dividend: $2.05
  • Dividend Yield: 13.4%
Profitability:
  • EBIDTA: $95.25 million
  • Net Margins: 11.26%
  • Return on Equity: 22.89%
  • Return on Assets: 7.21%
Debt:
  • Debt-to-Equity Ratio: 1.20%
  • Current Ratio: 0.81%
  • Quick Ratio: 0.58%
Misc:
  • Average Volume: 27,389 shs.
  • Beta: 1.51
  • Short Ratio: 1.14
 

Frequently Asked Questions for CNX Coal Resources LP (NYSE:CNXC)

What is CNX Coal Resources LP's stock symbol?

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

How often does CNX Coal Resources LP pay dividends? What is the dividend yield for CNX Coal Resources LP?

CNX Coal Resources LP announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.5125 per share on Tuesday, August 15th. This represents a $2.05 annualized dividend and a yield of 13.40%. The ex-dividend date of this dividend is Thursday, August 3rd. View CNX Coal Resources LP's Dividend History.

How were CNX Coal Resources LP's earnings last quarter?

CNX Coal Resources LP (NYSE:CNXC) announced its quarterly earnings data on Monday, July, 31st. The company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.11. The business had revenue of $82.47 million for the quarter, compared to analysts' expectations of $80.18 million. CNX Coal Resources LP had a net margin of 11.26% and a return on equity of 22.89%. View CNX Coal Resources LP's Earnings History.

When will CNX Coal Resources LP make its next earnings announcement?

CNX Coal Resources LP is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for CNX Coal Resources LP.

Where is CNX Coal Resources LP's stock going? Where will CNX Coal Resources LP's stock price be in 2017?

6 brokers have issued 12-month price targets for CNX Coal Resources LP's shares. Their predictions range from $19.00 to $23.00. On average, they expect CNX Coal Resources LP's share price to reach $21.60 in the next year. View Analyst Ratings for CNX Coal Resources LP.

Who are some of CNX Coal Resources LP's key competitors?

Who are CNX Coal Resources LP's key executives?

CNX Coal Resources LP's management team includes the folowing people:

  • Nicholas J. DeIuliis, Chairman of the Board of CNX Coal Resources GP LLC
  • James A. Brock, Chief Executive Officer, Director of CNX Coal Resources GP LLC
  • Lorraine L. Ritter, Chief Financial Officer, Chief Accounting Officer of CNX Coal Resources GP LLC
  • Martha A. Wiegand, General Counsel, Secretary of CNX Coal Resources GP LLC
  • Stephen W. Johnson, Director of CNX Coal Resources GP LLC
  • David M. Khani, Director of CNX Coal Resources GP LLC
  • Michael L. Greenwood, Independent Director of CNX Coal Resources GP LLC
  • Dan D. Sandman, Independent Director of CNX Coal Resources GP LLC
  • Jeffrey L. Wallace, Independent Director of CNX Coal Resources GP LLC

When did CNX Coal Resources LP IPO?

(CNXC) raised $75 million in an initial public offering (IPO) on Wednesday, July 1st 2015. The company issued 5,000,000 shares at a price of $15.00 per share. BofA Merrill Lynch, Wells Fargo Securities, Citigroup, Jefferies, Scotia Howard Weil, Credit Suisse, J.P. Morgan, Evercore ISI, BB&T Capital Markets, Goldman, Sachs, The Huntington Investment Company, Stifel and Nomura served as the underwriters for the IPO and Clarksons Platou Securities, Cowen and Company and Tuohy Brothers were co-managers.

Who owns CNX Coal Resources LP stock?

CNX Coal Resources LP's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Mountain Lake Investment Management LLC (2.14%), Apollo Management Holdings L.P. (1.04%), Freestone Capital Holdings LLC (0.89%), Goldman Sachs Group Inc. (0.60%), Huber Capital Management LLC (0.30%) and Raffles Associates LP (0.24%). Company insiders that own CNX Coal Resources LP stock include Dan D Sandman and David M Khani. View Institutional Ownership Trends for CNX Coal Resources LP.

Who sold CNX Coal Resources LP stock? Who is selling CNX Coal Resources LP stock?

CNX Coal Resources LP's stock was sold by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Goldman Sachs Group Inc., Howard Hughes Medical Institute and Raffles Associates LP. View Insider Buying and Selling for CNX Coal Resources LP.

Who bought CNX Coal Resources LP stock? Who is buying CNX Coal Resources LP stock?

CNX Coal Resources LP's stock was purchased by a variety of institutional investors in the last quarter, including Arrow Investment Advisors LLC, Freestone Capital Holdings LLC and Mountain Lake Investment Management LLC. Company insiders that have bought CNX Coal Resources LP stock in the last two years include Dan D Sandman and David M Khani. View Insider Buying and Selling for CNX Coal Resources LP.

How do I buy CNX Coal Resources LP stock?

Shares of CNX Coal Resources LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CNX Coal Resources LP's stock price today?

One share of CNX Coal Resources LP stock can currently be purchased for approximately $15.30.


MarketBeat Community Rating for CNX Coal Resources LP (NYSE CNXC)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  102 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  199
MarketBeat's community ratings are surveys of what our community members think about CNX Coal Resources LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CNX Coal Resources LP (NYSE:CNXC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $21.60 (41.18% upside)

Analysts' Ratings History for CNX Coal Resources LP (NYSE:CNXC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/18/2017Jefferies Group LLCSet Price TargetBuy$20.00HighView Rating Details
8/9/2017Stifel NicolausSet Price TargetBuy$23.00LowView Rating Details
7/12/2017Clarkson CapitalReiterated RatingBuyLowView Rating Details
2/3/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$19.00N/AView Rating Details
11/23/2016FBR & CoBoost Price TargetOutperform$21.00 -> $23.00N/AView Rating Details
11/3/2016Seaport Global SecuritiesInitiated CoverageBuy$23.00N/AView Rating Details
7/28/2016Citigroup Inc.Initiated CoverageNeutral$14.00N/AView Rating Details
3/17/2016Bank of America CorporationReiterated RatingNeutralN/AView Rating Details
10/27/2015Cowen and CompanyLower Price TargetOutperform$17.00 -> $15.00N/AView Rating Details
(Data available from 8/20/2015 forward)

Earnings

Earnings History for CNX Coal Resources LP (NYSE:CNXC)
Earnings by Quarter for CNX Coal Resources LP (NYSE:CNXC)
Earnings History by Quarter for CNX Coal Resources LP (NYSE CNXC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.48N/AView Earnings Details
7/31/2017Q2 2017$0.51$0.40$80.18 million$82.47 millionViewN/AView Earnings Details
5/1/2017Q1 2017$0.53$0.50$79.92 million$83.28 millionViewListenView Earnings Details
1/30/2017Q416$0.59$0.41$77.60 million$84.29 millionViewN/AView Earnings Details
10/31/2016Q316$0.27$0.21$59.28 million$69.80 millionViewListenView Earnings Details
7/29/2016Q216$0.19$0.11$54.61 million$53.77 millionViewListenView Earnings Details
4/25/2016Q116$0.15$0.11$49.08 million$47.84 millionViewListenView Earnings Details
1/28/2016Q4$0.51$0.37$59.96 million$54.38 millionViewListenView Earnings Details
10/26/2015Q315$0.54$0.62$67.42 million$65.15 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CNX Coal Resources LP (NYSE:CNXC)
Current Year EPS Consensus Estimate: $1.77 EPS
Next Year EPS Consensus Estimate: $2.01 EPS

Dividends

Current Dividend Information for CNX Coal Resources LP (NYSE:CNXC)
Most Recent Dividend:8/15/2017
Annual Dividend:$2.05
Dividend Yield:13.40%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:134.87% (Trailing 12 Months of Earnings)
115.82% (Based on This Year's Estimates)
101.99% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CNX Coal Resources LP (NYSE:CNXC)

Dividend History by Quarter for CNX Coal Resources LP (NYSE CNXC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.5112.35%8/3/20178/7/20178/15/2017
4/27/2017quarterly$0.5112.69%5/4/20175/8/20175/15/2017
1/24/2017quarterly$0.5110.85%2/7/20172/9/20172/15/2017
11/1/2016quarterly$0.5111.88%11/8/201611/10/201611/15/2016
7/26/2016quarterly$0.5115.15%8/4/20168/8/20168/15/2016
4/25/2016quarterly$0.5122%5/3/20165/5/20165/12/2016
1/28/2016quarterly$0.5124.26%2/4/20162/8/20162/15/2016
10/26/2015quarterly$0.4811/4/201511/6/201511/13/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CNX Coal Resources LP (NYSE:CNXC)
Institutional Ownership Percentage: 60.78%
Insider Trades by Quarter for CNX Coal Resources LP (NYSE:CNXC)
Institutional Ownership by Quarter for CNX Coal Resources LP (NYSE:CNXC)
Insider Trades by Quarter for CNX Coal Resources LP (NYSE:CNXC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/7/2017David M KhaniInsiderBuy3,000$15.08$45,240.00View SEC Filing  
2/7/2017Dan D SandmanInsiderBuy5,500$17.97$98,835.00View SEC Filing  
7/7/2015Jeffrey L WallaceInsiderBuy2,500$15.00$37,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CNX Coal Resources LP (NYSE:CNXC)
Latest Headlines for CNX Coal Resources LP (NYSE:CNXC)
Source:
DateHeadline
americanbankingnews.com logoCNX Coal Resources' (CNXC) Buy Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - August 18 at 12:00 PM
americanbankingnews.com logoCNX Coal Resources LP (NYSE:CNXC) Rating Increased to C at TheStreet
www.americanbankingnews.com - August 13 at 6:32 PM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 12 at 12:12 PM
americanbankingnews.com logoZacks: Brokerages Expect CNX Coal Resources LP (CNXC) Will Post Quarterly Sales of $80.24 Million
www.americanbankingnews.com - August 5 at 7:14 AM
finance.yahoo.com logoCNX Coal Resources LP :CNXC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 3 at 5:15 PM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Expected to Post Earnings of $0.49 Per Share
www.americanbankingnews.com - August 3 at 12:12 PM
finance.yahoo.com logoEdited Transcript of CNXC earnings conference call or presentation 31-Jul-17 9:00pm GMT
finance.yahoo.com - August 1 at 6:03 PM
finance.yahoo.com logoCONSOL Energy (CNX) Exceeds Q2 Earnings & Revenue Estimates
finance.yahoo.com - August 1 at 6:03 PM
finance.yahoo.com logoCNX Coal Resources (CNXC) Misses on Q2 Earnings, Revenues Top
finance.yahoo.com - August 1 at 6:03 PM
finance.yahoo.com logoCONSOL (CNX) Q2 Earnings Beat Estimates, E&P Guidance Raised
finance.yahoo.com - August 1 at 6:03 PM
americanbankingnews.com logoCloud Peak Energy (CLD) vs. CNX Coal Resources (NYSE:CNXC) Financial Analysis
www.americanbankingnews.com - August 1 at 10:24 AM
americanbankingnews.com logoCNX Coal Resources LP (NYSE:CNXC) Posts Quarterly Earnings Results, Misses Expectations By $0.11 EPS
www.americanbankingnews.com - August 1 at 8:53 AM
nasdaq.com logoCNX Coal Resources LP Q2 Earnings Rise 193%
www.nasdaq.com - July 31 at 5:20 PM
finance.yahoo.com logoInvestor Network: CNX Coal Resources LP to Host Earnings Call
finance.yahoo.com - July 31 at 5:20 PM
finance.yahoo.com logoCNX Coal Resources LP Announces Results for the Second Quarter 2017
finance.yahoo.com - July 31 at 5:19 PM
finance.yahoo.com logoCNX Coal Resources misses 2Q profit forecasts
finance.yahoo.com - July 31 at 5:19 PM
americanbankingnews.com logoContrasting CNX Coal Resources (CNXC) and Hallador Energy (HNRG)
www.americanbankingnews.com - July 31 at 9:41 AM
finance.yahoo.com logoWhat's in Store for CONSOL Energy (CNX) in Q2 Earnings?
finance.yahoo.com - July 28 at 7:08 PM
zacks.com logoCNX Coal (CNXC) to Report Q2 Earnings: What's in Store?
www.zacks.com - July 28 at 3:46 AM
americanbankingnews.com logoCNX Coal Resources LP (NYSE:CNXC) to Issue Quarterly Dividend of $0.51
www.americanbankingnews.com - July 27 at 6:50 PM
finance.yahoo.com logoCNX Coal (CNXC) to Report Q2 Earnings: What's in Store?
finance.yahoo.com - July 27 at 5:41 PM
finance.yahoo.com logoCNX Coal Resources Announces Distribution for Second Quarter of 2017
finance.yahoo.com - July 27 at 5:41 PM
finance.yahoo.com logoCNX Coal Resources Announces Distribution for Second Quarter of 2017
finance.yahoo.com - July 27 at 5:41 PM
americanbankingnews.com logoCNX Coal Resources LP (NYSE:CNXC) Set to Announce Earnings on Monday
www.americanbankingnews.com - July 24 at 8:18 AM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - July 19 at 9:50 PM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 18 at 2:42 PM
americanbankingnews.com logoCNX Coal Resources LP (NYSE:CNXC) Rating Reiterated by Clarkson Capital
www.americanbankingnews.com - July 15 at 8:14 AM
americanbankingnews.com logoHead-To-Head Contrast: CNX Coal Resources (CNXC) and Natural Resource Partners (NRP)
www.americanbankingnews.com - July 14 at 8:18 PM
americanbankingnews.com logo$80.32 Million in Sales Expected for CNX Coal Resources LP (NYSE:CNXC) This Quarter
www.americanbankingnews.com - July 14 at 4:24 PM
finance.yahoo.com logoCONSOL Energy Seeks Separation of Mining and E&P Division
finance.yahoo.com - July 12 at 6:02 PM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Expected to Post Earnings of $0.51 Per Share
www.americanbankingnews.com - July 12 at 7:34 AM
seekingalpha.com logoConsol Energy files to spin off Pennsylvania mining operations
seekingalpha.com - July 11 at 11:28 PM
finance.yahoo.com logoCONSOL Energy Announces Filing of Form 10 Registration Statement for Spin-Off of its Pennsylvania Mining Operations and Other Coal Assets; Second Quarter 2017 Earnings Release and Call Schedule
finance.yahoo.com - July 11 at 6:28 PM
finance.yahoo.com logoConsol files plans to spin off coal operations — and rename gas company
finance.yahoo.com - July 11 at 6:28 PM
americanbankingnews.com logoJefferies Group LLC Analysts Give CNX Coal Resources LP (NYSE:CNXC) a $20.00 Price Target
www.americanbankingnews.com - July 11 at 11:54 AM
finance.yahoo.com logoCNX Coal Resources Schedules Second Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - July 8 at 9:56 AM
finance.yahoo.com logoCNX Coal Resources Schedules Second Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - July 8 at 9:56 AM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - July 4 at 10:26 PM
americanbankingnews.com logoCritical Comparison: CNX Coal Resources (CNXC) versus Foresight Energy (FELP)
www.americanbankingnews.com - July 1 at 2:22 PM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 9:24 AM
bizjournals.com logoCNX Coal Resources applies for permit to expand Bailey mine
www.bizjournals.com - June 20 at 12:29 AM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Expected to Post Quarterly Sales of $80.32 Million
www.americanbankingnews.com - June 18 at 10:26 AM
seekingalpha.com logo10%+ 'Safer' DiviDogs Performance Predictions For 2018 Revealed By Wall St. Wizards
seekingalpha.com - June 15 at 6:14 PM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Receives Buy Rating from Jefferies Group LLC
www.americanbankingnews.com - June 8 at 9:10 PM
finance.yahoo.com logoU.S. Walks Out of Paris Climate Accord: Stocks to Win/Lose
finance.yahoo.com - June 5 at 4:23 PM
finance.yahoo.com logoCNX Coal Resources LP :CNXC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 12:00 PM
americanbankingnews.com logoCNX Coal Resources LP (CNXC) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 29 at 8:40 AM
finance.yahoo.com logoForesight Energy (FELP) Reports Wider-than-Expected Loss
finance.yahoo.com - May 12 at 4:56 PM
finance.yahoo.com logoCNX Coal Resources LP : CNXC-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 4 at 4:34 PM
americanbankingnews.com logo Brokerages Anticipate CNX Coal Resources LP (CNXC) to Announce $0.51 EPS
www.americanbankingnews.com - May 4 at 1:27 AM

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Chart

CNX Coal Resources LP (CNXC) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by MarketBeat.com Staff