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CNX Resources (CNX)
NYSE:CNX
CNX Resources (CNX) Stock Price & Analysis
535 Followers
CNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.42 - $24.82
Previous Close$23.2
Volume1.90M
Average Volume (3M)2.91M
Market Cap
$3.56B
Enterprise Value$5.92B
Total Cash (Recent Filing)$443.00K
Total Debt (Recent Filing)$2.37B
Price to Earnings (P/E)4.2
Beta0.68
Next Earnings
Jul 25, 2024EPS Estimate
$0.3Last Dividend Ex-Date
Nov 29, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)5.50
Shares Outstanding153,245,448
10 Day Avg. Volume2,810,863
30 Day Avg. Volume2,908,809
Standard Deviation0.17
R-Squared0.18
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.89
Price to Sales (P/S)3.67
Price to Cash Flow (P/CF)5.50
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.83
Enterprise Value/Gross Profit1.94
Enterprise Value/Ebitda1.73
Forecast
1Y Price Target
$24.57Price Target Upside5.50% Upside
Rating ConsensusHold
Number of Analyst Covering7
CNX Resources News
PremiumPress Releases
CNX Reports First Quarter Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNew Tech's generation of significant free cash flow signals a strong financial position and the potential for future growth opportunities.
Operational EfficiencyThe company's 'maintenance of production' plan emphasizes cash flow generation and share buybacks, demonstrating efficient capital allocation and a shareholder-friendly approach.
Stock RepurchaseThe company continues to repurchase shares, underlining confidence in its financial stability and commitment to delivering shareholder value.
Bears Say
Financial PerformanceCapex came in ~7% above expectations which led to a miss on Free Cash Flow, coming in at $25mm.
Operational ChallengesCNX lowered its 2024 production guide to 540-560 Bcfe from 570-590 Bcfe as it is deferring the completion of three Marcellus pads.
Regulatory RisksCHK's quick close on the merger is hindered by a second FTC request, delaying deal closure estimates.
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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 $14.41 and its highest was $24.82 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 Jul 25, 2024 which is in 82 days.
How were CNX Resources’s earnings last quarter?
CNX Resources released its earnings results on Apr 25, 2024. The company reported $0.463 earnings per share for the quarter, beating the consensus estimate of $0.357 by $0.106.
Is CNX Resources overvalued?
According to Wall Street analysts CNX Resources’s price is currently Undervalued.
Does CNX Resources pay dividends?
CNX Resources pays a Annually dividend of $2.68 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 $0.3.
How many shares outstanding does CNX Resources have?
CNX Resources has 153,245,450 shares outstanding.
What happened to CNX Resources’s price movement after its last earnings report?
CNX Resources reported an EPS of $0.463 in its last earnings report, beating expectations of $0.357. Following the earnings report the stock price went down -1.115%.
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 167M.
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CNX Resources Stock Smart Score
Neutral
1
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5
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7
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9
10
Analyst Consensus
Hold
Average Price Target:
$24.57 (5.50% Upside)
$24.57 (5.50% Upside)
Blogger Sentiment
Bullish
CNX Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $404.6 over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.6%
Last 30 Days ▼ 12.4%
Last 30 Days ▼ 12.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.43%
12-Months-Change
Fundamentals
Return on Equity
26.43%
Trailing 12-Months
Asset Growth
3.79%
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
Q1 2024
0:00 / 0:00
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CNX Stock 12 Months Forecast
Average Price Target
$24.57
▲(5.50% Upside)
Technical Analysis
Best Analysts Covering CNX
1 Year
1 Year Success Rate
1/5 ratings generated profit
1 Year Average Return
-5.00%
reiterated a sell rating 8 days ago
Copying Cameron Bean's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -5.00% per trade.
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