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CNX Resources Corporation

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CNX Resources is focused on low-cost production areas and increasing consciousness to lower emissions will drive demand for natural gas and are going to act as tailwinds. Share buyback, selling off its non-core assets and increasing focus on Marcellus and Utica shales are also going to strengthen the company’s performance. This oil and natural gas company will also benefit from its cost savings initiatives. In the last 12 months shares of the company have declined narrower than its industry. However, CNX Resources’ dependence on third-party assets for processing and transportation, and competitiveness of domestic oil and natural gas are headwinds. The exploration and production of natural gas involve a lot of risks, and could impact its operating results, going forward.

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