CNX Resources Corporation (CNX)

NYSE: CNX · IEX Real-Time Price · USD
15.62
-0.23 (-1.45%)
Mar 30, 2023, 12:36 PM EDT - Market open
-1.45%
Market Cap 2.62B
Revenue (ttm) 1.26B
Net Income (ttm) -142.08M
Shares Out 167.96M
EPS (ttm) -0.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 599,408
Open 16.00
Previous Close 15.85
Day's Range 15.62 - 16.00
52-Week Range 14.47 - 24.21
Beta 1.33
Analysts Sell
Price Target 19.38 (+24.07%)
Earnings Date Apr 27, 2023

About CNX

CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane. It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 526,000 net Marcellus Shale acres; and approximately 610,000 net acres of Utica Shale, as well as rights to extract natural... [Read more]

Industry Oil & Gas E&P
Sector Energy
IPO Date Apr 30, 1999
Employees 441
Stock Exchange NYSE
Ticker Symbol CNX
Full Company Profile

Financial Performance

In 2022, CNX Resources's revenue was $1.26 billion, an increase of 66.65% compared to the previous year's $756.79 million. Losses were -$142.08 million, -71.51% less than in 2021.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for CNX stock is "Sell." The 12-month stock price forecast is $19.38, which is an increase of 24.07% from the latest price.

Price Target
$19.38
(24.07% upside)
Analyst Consensus: Sell
Stock Forecasts

News

New Strong Sell Stocks for March 20th

CNX, BEP and CPRI have been added to the Zacks Rank #5 (Strong Sell) List on March 20, 2023.

Other symbols: BEPCPRI
1 week ago - Zacks Investment Research

New Strong Sell Stocks for March 14th

CNX, CECO and AA have been added to the Zacks Rank #5 (Strong Sell) List on March 14, 2023.

Other symbols: AACECO
2 weeks ago - Zacks Investment Research

CNX Announces Proved Reserves of 9.81 Tcfe

PITTSBURGH , Feb. 9, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") announced today its year-end reserves update as of December 31, 2022. Increased proved develope...

1 month ago - PRNewsWire

CNX Resources (CNX) Q4 Earnings Beat, Revenues Lag Estimates

CNX Resources' (CNX) fourth-quarter earnings beat the estimate but revenues are lower than expected. CNX continues to repurchase shares from open market.

2 months ago - Zacks Investment Research

CNX Resources Corporation. (CNX) Q4 Earnings Beat Estimates

CNX Resources Corporation. (CNX) delivered earnings and revenue surprises of 187.72% and 14.92%, respectively, for the quarter ended December 2022.

2 months ago - Zacks Investment Research

New Strong Sell Stocks for January 26th

BWAY, INDB and CNX have been added to the Zacks Rank #5 (Strong Sell) List on January 26, 2023.

Other symbols: BWAYINDB
2 months ago - Zacks Investment Research

CNX Reports Fourth Quarter Results

PITTSBURGH , Jan. 26, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the fourth quarter 2022 by posting those ...

2 months ago - PRNewsWire

CNX Resources (CNX) to Report Q4 Earnings: What to Expect

CNX Resources (CNX) fourth-quarter results are expected to have benefited from lower debts and shares outstanding, and stable natural gas production from shale assets.

2 months ago - Zacks Investment Research

CNX and ICE Thermal Harvesting Launch Pilot Program Generating Zero-Emission, Appalachian-Sourced Power

Innovative Technology Partnership Seeks to Eliminate Emissions While Enhancing Power Reliability PITTSBURGH and HOUSTON , Jan. 24, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and ICE Th...

2 months ago - PRNewsWire

CNX Resources Corporation. (CNX) Reports Next Week: Wall Street Expects Earnings Growth

CNX Resources Corporation. (CNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

2 months ago - Zacks Investment Research

CNX Resources Corporation Announces Fourth Quarter 2022 Financial Results and Conference Call Schedule

PITTSBURGH , Jan. 5, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2022 at 6:45 a.m. Eastern Time on Thursday, January 26.

3 months ago - PRNewsWire

CNX Unveils Appalachia-Focused Vision for the Future

Strategy leverages the company's local legacy, new decarbonization technologies, and low cost, lower emissions assets to catalyze regional growth opportunities PITTSBURGH , Dec. 12, 2022 /PRNewswire/ ...

3 months ago - PRNewsWire

CNX and New Frontier Announce Strategic Partnership to Leverage Abated Methane Emissions to Transform International Travel

PITTSBURGH and SAN FRANCISCO , Nov. 7, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and New Frontier Aerospace, Inc. (NFA) today announced the companies have entered into an agreement, f...

5 months ago - PRNewsWire

CNX Resources (CNX) Q3 Earnings and Revenues Lag Estimates

CNX Resources' (CNX) third-quarter earnings and revenues are lower than expected. CNX continues to generate free cash flow and buyback shares to increase shareholders' value.

5 months ago - Zacks Investment Research

CNX Resources Corporation. (CNX) Reports Q3 Loss, Misses Revenue Estimates

CNX Resources Corporation. (CNX) delivered earnings and revenue surprises of -175% and 13.31%, respectively, for the quarter ended September 2022.

5 months ago - Zacks Investment Research

CNX Reports Third Quarter Results

PITTSBURGH , Oct. 27, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the third quarter 2022 by posting those r...

5 months ago - PRNewsWire

What's in the Offing for CNX Resources (CNX) in Q3 Earnings?

CNX Resources' (CNX) third-quarter earnings are expected to have benefited from stable production and its ability to generate free cash flow, which helps strengthen the balance sheet and buy back shar...

5 months ago - Zacks Investment Research

CNX Resources Corporation. (CNX) Earnings Expected to Grow: Should You Buy?

CNX Resources Corporation. (CNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

5 months ago - Zacks Investment Research

Why CNX Resources Corporation. (CNX) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

6 months ago - Zacks Investment Research

CNX Resources Corporation Announces Third Quarter 2022 Financial Results and Conference Call Schedule

PITTSBURGH , Oct. 6, 2022 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q3 2022 at 6:45 a.m. Eastern Time on Thursday, October 27.

6 months ago - PRNewsWire

CNX Resources Corporation Announces Closing of $500 Million Senior Notes Offering

PITTSBURGH , Sept. 26, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the closing of its private placement of $500 million aggregate principal amoun...

6 months ago - PRNewsWire

CNX Resources Corporation Announces Early Results and Early Payment Date for Tender Offer for its 7.25% Senior Notes due 2027

PITTSBURGH , Sept. 26, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced that it had received tenders for an aggregate principal amount of $385,586,000...

6 months ago - PRNewsWire

CNX Resources Corporation Announces Pricing of $500 Million of Senior Notes

PITTSBURGH , Sept. 12, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the pricing of $500 million of its 7.375% senior notes due 2031 (the "Notes") ...

7 months ago - PRNewsWire

CNX Resources Corporation Announces Tender Offer for its 7.250% Senior Notes due 2027

PITTSBURGH , Sept. 12, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX") today announced that it has commenced a cash tender offer (the "offer") to purchase up to $350,000,000 aggrega...

7 months ago - PRNewsWire

CNX Resources Corporation Announces Private Offering of $500 Million of Senior Notes

PITTSBURGH , Sept. 12, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we" or "our") today announced that it intends, subject to market and other conditions, to offer and sell to e...

7 months ago - PRNewsWire