CNX Resources/CNX

0.12%
-
1D1W1MYTD1YMAX

About CNX Resources

CNX Resources Corporation is an independent low carbon intensity natural gas development, production, midstream and technology company centered in the Appalachian Basin. The majority of its operations are centered on unconventional shale formations, primarily the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, it operates and develops Coalbed Methane (CBM) properties in Virginia. It has rights to extract natural gas from Shale formations in Pennsylvania, West Virginia, and Ohio from approximately 527,000 net Marcellus Shale acres and approximately 607,000 net Utica Shale acres. The Company holds approximately 53,000 acres of incremental Upper Devonian acres. It has rights to extract CBM in Virginia from approximately 278,000 net CBM acres. It extracts CBM natural gas primarily from the Pocahontas #3 seam. It has rights to extract natural gas from other Shale and shallow oil and gas formations, primarily in Illinois, Indiana, New York, and others.

Ticker

CNX

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Nicholas DeIuliis

Employees

470

Headquarters

Canonsburg, United States

CNX Resources Metrics

BasicAdvanced
US$3.7B
Market cap
4.04
P/E ratio
US$6.01
EPS
1.32
Beta
-
Dividend rate
US$3.7B
1.32055
US$24.82
US$15.08
2.8M
0.527
0.51
45.203
52.816
7.625
11.97%
25.83%
13.19%
4.043
3.042
0.864
0.951
50.765
-65.41%
-26.09%
11.14%

What the Analysts think about CNX Resources

Analyst Ratings

Majority rating from 12 analysts.
Hold

Price Targets

Average projection from 9 analysts.
5.06% upside
High US$30.00
Low US$22.00
US$24.33
Current price
US$25.56
Average price target

CNX Resources Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
1.99% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
US$340M
-3.16%
Net income
US$6.8M
-98.68%
Profit margin
1.99%
-98.64%

CNX Resources Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 16.28%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
US$0.30
US$0.35
US$0.67
US$0.45
-
Expected
US$0.31
US$0.32
US$0.29
US$0.39
US$0.28
Surprise
-2.74%
9.97%
133.89%
16.28%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for CNX Resources stock?

CNX Resources (CNX) has a market cap of $3.7B as of May 20, 2024.

What is the P/E ratio for CNX Resources stock?

The price to earnings (P/E) ratio for CNX Resources (CNX) stock is 4.04 as of May 20, 2024.

Does CNX Resources stock pay dividends?

No, CNX Resources (CNX) stock does not pay dividends to its shareholders as of May 20, 2024.

When is the next CNX Resources dividend payment date?

CNX Resources (CNX) stock does not pay dividends to its shareholders.

What is the beta indicator for CNX Resources?

CNX Resources (CNX) has a beta rating of 1.32. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the CNX Resources stock price target?

The target price for CNX Resources (CNX) stock is $25.56, which is 4.28% above the current price of $24.51. This is an average based on projections from 9 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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