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CNX Resources (CNX)
NYSE:CNX
Holding CNX?
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CNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.07 - $41.93
Previous Close$36.25
Volume4.68M
Average Volume (3M)2.42M
Market Cap
$5.28B
Enterprise Value$7.68B
Total Cash (Recent Filing)$1.31M
Total Debt (Recent Filing)$2.40B
Price to Earnings (P/E)11.4
Beta0.78
Next Earnings
Jan 23, 2025EPS Estimate
$0.43Last Dividend Ex-Date
Nov 29, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)3.18
Shares Outstanding149,271,235
10 Day Avg. Volume2,315,006
30 Day Avg. Volume2,417,739
Standard Deviation0.17
R-Squared0.20
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.27
Price to Sales (P/S)3.74
Price to Cash Flow (P/CF)7.80
P/FCF Ratio23.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.09
Enterprise Value/Gross Profit14.50
Enterprise Value/Ebitda5.64
Forecast
1Y Price Target
$31.20Price Target Upside-13.93% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering10
CNX Resources News
Bulls Say, Bears Say
Bulls Say
Environmental TechnologiesCNX's New Technologies business is capturing coal mine methane and monetizing environmental credits, contributing to the stock's outperformance.
Financial PerformanceCNX reported a third-quarter beat on better-than-consensus hedged gas pricing and increased its share repurchase program.
Free Cash FlowThere is potential for expanding cash flow from CMM operations with favorable regulatory changes regarding methane capture credits.
Bears Say
Operational ChallengesManagement deferred ~11 wells given weak gas pricing, and has noted it would need to spend ~$50mm to return to the ~580 bcfe target.
Regulatory ImpactOpportunities remain guarded due to uncertainty in the regulatory landscape impacting free cash flow visibility.
ValuationCNX's valuation is seen as fully recognized by the market, leaving no room for further outperformance.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CNX FAQ
What was CNX Resources’s price range in the past 12 months?
CNX Resources lowest stock price was $19.07 and its highest was $41.93 in the past 12 months.
What is CNX Resources’s market cap?
Currently, no data Available
When is CNX Resources’s upcoming earnings report date?
CNX Resources’s upcoming earnings report date is Jan 23, 2025 which is in 33 days.
How were CNX Resources’s earnings last quarter?
CNX Resources released its earnings results on Oct 24, 2024. The company reported $0.409 earnings per share for the quarter, beating the consensus estimate of $0.325 by $0.084.
Is CNX Resources overvalued?
According to Wall Street analysts CNX Resources’s price is currently Overvalued.
Does CNX Resources pay dividends?
CNX Resources pays a Annually dividend of $2.681 which represents an annual dividend yield of N/A. See more information on CNX Resources dividends here
What is CNX Resources’s EPS estimate?
CNX Resources’s EPS estimate is $0.43.
How many shares outstanding does CNX Resources have?
CNX Resources has 149,271,240 shares outstanding.
What happened to CNX Resources’s price movement after its last earnings report?
CNX Resources reported an EPS of $0.409 in its last earnings report, beating expectations of $0.325. Following the earnings report the stock price went up 3.766%.
Which hedge fund is a major shareholder of CNX Resources?
Among the largest hedge funds holding CNX Resources’s share is Southeastern Asset Management Inc. It holds CNX Resources’s shares valued at 201M.
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CNX Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$31.20 (-13.93% Downside)
$31.20 (-13.93% Downside)
Blogger Sentiment
Bullish
CNX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 5.0%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.52%
12-Months-Change
Fundamentals
Return on Equity
14.41%
Trailing 12-Months
Asset Growth
0.53%
Trailing 12-Months
Company Description
CNX Resources
CNX Resources Corp. is an oil and gas company. The firm engages in the exploration, development, production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin. It operates through the following segments: Marcellus Shale, Coalbed Methane, Utica and Other Gas. The company was founded in 1864 and is headquartered in Canonsburg, PA.
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CNX Company Deck
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CNX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant operational improvements, particularly in drilling efficiency and the potential of the Deep Utica play. However, these positives are counterbalanced by uncertainties related to regulatory outcomes for new technologies and delays in certain initiatives, leading to a cautious outlook.Read More>---
CNX Stock 12 Month Forecast
Average Price Target
$31.20
▼(-13.93% Downside)
Technical Analysis
Best Analysts Covering CNX
1 Year
1 Year Success Rate
9/14 ratings generated profit
1 Year Average Return
+3.81%
downgraded a sell rating 6 days ago
Copying Nitin Kumar CFA's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +3.81% per trade.
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