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CNX Resources (CNX)
NYSE:CNX
CNX Resources (CNX) Stock Price & Analysis
542 Followers
CNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$18.17 - $26.60
Previous Close$25.81
Volume2.24M
Average Volume (3M)2.55M
Market Cap
$3.96B
Enterprise Value$6.32B
Total Cash (Recent Filing)$443.00K
Total Debt (Recent Filing)$2.37B
Price to Earnings (P/E)4.7
Beta0.43
Next Earnings
Jul 25, 2024EPS Estimate
$0.29Last Dividend Ex-Date
Nov 29, 2017Dividend YieldN/A
Share Statistics
EPS (TTM)5.50
Shares Outstanding153,245,448
10 Day Avg. Volume3,118,121
30 Day Avg. Volume2,545,833
Standard Deviation0.17
R-Squared0.17
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.93
Price to Sales (P/S)2.46
Price to Cash Flow (P/CF)5.70
P/FCF Ratio12.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.17
Enterprise Value/Gross Profit11.93
Enterprise Value/Ebitda1.95
Forecast
1Y Price Target
$24.33Price Target Upside-5.73% Downside
Rating ConsensusHold
Number of Analyst Covering4
CNX Resources News
PremiumPress Releases
CNX Reports First Quarter Results
Bulls Say, Bears Say
Bulls Say
New Tech GrowthNew Tech generated $16 million of free cash flow, with the company highlighting potential growth opportunities.
Share RepurchaseThe company continues to repurchase shares, buying back approximately $52 million in the first quarter of 2024.
Stable Cash GenerationCNX has maintained a larger hedge book than gas-focused E&P peers, given their focus on stable cash generation.
Bears Say
Financial PerformanceCapex came in around 7% above expectations, leading to a miss on free cash flow, which came in at $25 million.
Project DelaysThe company delayed 11 completions due to weak gas pricing.
Volume GuidanceVolume guidance was lowered by about 30 billion cubic feet equivalent to a range of 540-560 billion cubic feet equivalent.
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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 $18.17 and its highest was $26.60 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 3 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 Overvalued.
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 $0.29.
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 215M.
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CNX Resources Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$24.33 (-5.73% Downside)
$24.33 (-5.73% Downside)
Blogger Sentiment
Bullish
CNX Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 976.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.0%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.80%
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 Month Forecast
Average Price Target
$24.33
▼(-5.73% Downside)
Technical Analysis
Best Analysts Covering CNX
1 Year
1 Year Success Rate
0/5 ratings generated profit
1 Year Average Return
-16.80%
reiterated a sell rating 3 months ago
Copying Cameron Bean's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -16.80% per trade.
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