NYSE:CNX

CNX Resources (CNX) Stock Price, News & Analysis

$23.80
-0.14 (-0.58%)
(As of 09:39 AM ET)
Today's Range
$23.74
$23.91
50-Day Range
$19.68
$24.63
52-Week Range
$14.36
$24.82
Volume
37,659 shs
Average Volume
2.94 million shs
Market Capitalization
$3.64 billion
P/E Ratio
2.62
Dividend Yield
N/A
Price Target
$24.43

CNX Resources MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.1% Upside
$24.43 Price Target
Short Interest
Bearish
19.33% of Float Sold Short
Dividend Strength
N/A
Sustainability
-9.10
Upright™ Environmental Score
News Sentiment
0.23mentions of CNX Resources in the last 14 days
Based on 24 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
44.96%
From $1.29 to $1.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Oils/Energy Sector

102nd out of 240 stocks

Crude Petroleum & Natural Gas Industry

41st out of 77 stocks

CNX stock logo

About CNX Resources Stock (NYSE:CNX)

CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale properties in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas formations in Illinois, Indiana, New York, and Virginia. It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,600 miles of natural gas gathering pipelines, as well as various natural gas processing facilities. It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for 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 founded in 1860 and is headquartered in Canonsburg, Pennsylvania.

CNX Stock Price History

CNX Stock News Headlines

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Truist Financial Reaffirms Their Hold Rating on Range Resources (RRC)
CNX Resources Corporation (CNX)
CNX Resources (NYSE:CNX) PT Raised to $22.00 at Piper Sandler
CNX June 21st Options Begin Trading
CNX Resources Corp
CNX Resources Co. (NYSE:CNX) Short Interest Down 6.8% in March
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Today
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Coal & Consumable Fuels
CUSIP
20854P10
Employees
470
Year Founded
1860

Price Target and Rating

Average Stock Price Target
$24.43
High Stock Price Target
$30.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+2.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$1.72 billion
Pretax Margin
64.71%

Debt

Sales & Book Value

Annual Sales
$3.47 billion
Cash Flow
$4.99 per share
Book Value
$27.45 per share

Miscellaneous

Free Float
148,388,000
Market Cap
$3.66 billion
Optionable
Optionable
Beta
1.33

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Key Executives

  • Mr. Nicholas J. DeIuliis (Age 55)
    President, CEO & Director
    Comp: $1.81M
  • Mr. Alan K. ShepardMr. Alan K. Shepard (Age 42)
    Chief Financial Officer
    Comp: $452.49k
  • Mr. Navneet Behl (Age 51)
    Chief Operating Officer
    Comp: $693.35k
  • Mr. Ravi Srivastava (Age 42)
    President of New Technologies
    Comp: $481.61k
  • Ms. Hayley F. Scott (Age 51)
    Chief Risk Officer
    Comp: $490.16k
  • Mr. Tyler Lewis
    VP of Investor Relations
  • Mr. Timothy Scott Bedard (Age 55)
    Executive VP, General Counsel & Corporate Secretary
  • Mr. Jason L. Mumford (Age 44)
    VP of SEC Financial Reporting & Controller

CNX Stock Analysis - Frequently Asked Questions

Should I buy or sell CNX Resources stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CNX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNX, but not buy additional shares or sell existing shares.
View CNX analyst ratings
or view top-rated stocks.

What is CNX Resources' stock price target for 2024?

7 analysts have issued 1 year target prices for CNX Resources' stock. Their CNX share price targets range from $22.00 to $30.00. On average, they expect the company's stock price to reach $24.43 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for CNX
or view top-rated stocks among Wall Street analysts.

How have CNX shares performed in 2024?

CNX Resources' stock was trading at $20.00 at the beginning of 2024. Since then, CNX shares have increased by 19.7% and is now trading at $23.93.
View the best growth stocks for 2024 here
.

Are investors shorting CNX Resources?

CNX Resources saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 27,700,000 shares, a decline of 6.8% from the March 15th total of 29,720,000 shares. Based on an average daily trading volume, of 3,070,000 shares, the short-interest ratio is presently 9.0 days. Approximately 18.9% of the company's stock are short sold.
View CNX Resources' Short Interest
.

How were CNX Resources' earnings last quarter?

CNX Resources Co. (NYSE:CNX) announced its quarterly earnings data on Thursday, January, 25th. The oil and gas producer reported $2.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $2.59. The oil and gas producer had revenue of $999.50 million for the quarter, compared to the consensus estimate of $401.62 million. CNX Resources had a trailing twelve-month return on equity of 9.00% and a net margin of 50.34%. The firm's revenue was down 38.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.64 EPS.

What is Jimmy A. Brock's approval rating as CNX Resources' CEO?

7 employees have rated CNX Resources Chief Executive Officer Jimmy A. Brock on Glassdoor.com. Jimmy A. Brock has an approval rating of 90% among the company's employees.

What other stocks do shareholders of CNX Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CNX Resources investors own include Bank of America (BAC), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), Kinder Morgan (KMI), Cisco Systems (CSCO), Ford Motor (F), General Electric (GE) and Gilead Sciences (GILD).

Who are CNX Resources' major shareholders?

CNX Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (0.59%), Congress Asset Management Co. MA (0.17%), New York State Teachers Retirement System (0.15%), Amalgamated Bank (0.05%), Petra Financial Advisors Inc. (0.05%) and Allspring Global Investments Holdings LLC (0.05%). Insiders that own company stock include Bernard Lanigan Jr and Timothy Scott Bedard.
View institutional ownership trends
.

How do I buy shares of CNX Resources?

Shares of CNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CNX) was last updated on 4/26/2024 by MarketBeat.com Staff

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