Quote Overview

Stock Activity

Open	24.03
Day Low	23.85
Day High	24.23
52 Wk Low	14.36
52 Wk High	24.82
Avg. Volume	2,379,464
Market Cap	3.69 B
Dividend	NA
Beta	1.33

Key Earnings Data

Earnings ESP	0.56%
Most Accurate Est	0.36
Current Qtr Est	0.36
Current Yr Est	1.29
Exp Earnings Date	^*BMO4/25/24
Prior Year EPS	1.90
Exp EPS Growth (3-5yr) NA
Forward PE	18.73
PEG Ratio	NA

Oils-Energy » Oil and Gas - Exploration and Production - United States

*BMO = Before Market Open *AMC = After Market Close

Research Reports for CNX

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Style Scores B Value F Growth F Momentum D VGM
Zacks Rank	Hold 3
Zacks Industry Rank	Bottom 24%(191 out of 252)
Zacks Sector Rank	Bottom 38% (10 out of 16)
Earnings ESP	0.56%
Research Reports for CNX Analyst \| Snapshot

( = Change in last 30 days)

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
CNX Resources	CNX
SM Energy	SM
EOG Resources	EOG
Geopark	GPRK
Mach Natural Resources LP	MNR
APA	APA
Antero Resources	AR

See all Oil and Gas - Exploration and Production - United States Peers

Zacks News for CNX

No Record found.

Company Summary

Founded in 1860, CNX Resources Corporation is an independent oil and gas exploration and production company formed after the separation of CONSOL’s Exploration and Production (E&P) and Pennsylvania Mining Operations into two independent companies. The natural gas-focused company retained the old ticker symbol, while the coal-focused company retained the old company's name.

At the end of 2023, revenues from major sources like natural gas, NGLs and oil were $1.3 billion. Purchased gas and Other revenues amounted to $74.2 million and $129.9 million, respectively. For 2023, the gain from commodity derivative instruments totaled $1.95 billion.

CNX Resources’ wholly-owned midstream assets consist of nearly 2,500 miles of gathering pipelines. These assets gather gas production from coal bed methane and conventional oil and gas wells in Pennsylvania, Ohio, West Virginia, Virginia and Kentucky.

CONVEY Water Systems is a vehicle that efficiently manages water transfer, evaluates emerging treatment technologies and strategically approaches third-party water sales. The company’s water division will increase its ability to partner with industry leaders to develop and foster innovative cost-saving methods and treatment solutions.

On Jan 29, 2020, CNX Resources and CNX Midstream Partners LP (CNXM) entered into a definitive agreement to eliminate CNXM’s IDRs held by its general partner and convert the 2.0% general partner interest in CNXM into a non-economic general partnership interest (" Incentive Distribution Rights { IDR} Elimination Transaction").

As a result of the IDR Elimination Transaction, the company now owns 47.7 million common units, or about 53.1% of the outstanding limited partner interests in CNXM, excluding Class B units. Upon conversion of Class B units to CNXM common units on Jan 1, 2022, CNX's ownership will increase to 50.7 million units on a pro-forma basis. On Sep 28, 2020, CNX Resources Corporation completed the acquisition of all of the outstanding common units of CNX Midstream that it did not already own and as a consequence, CNX Midstream units have been suspended for trading in the exchange.