CNX Resources (CNX)
(Delayed Data from NYSE)
$31.88 USD
+1.84 (6.13%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $31.86 -0.02 (-0.06%) 7:58 PM ET
3-Hold of 5 3
C Value F Growth F Momentum D VGM
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.
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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.
General Information
CNX Resources Corporation
CNX CENTER 1000 HORIZON VUE DRIVE
CANONSBURG, PA 15317
Phone: 724-485-4000
Fax: 724-485-4833
Web: http://www.cnx.com
Email: NA
Industry | Oil and Gas - Exploration and Production - United States |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.27 |
Current Year EPS Consensus Estimate | 1.50 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 30.04 |
52 Week High | 30.22 |
52 Week Low | 19.07 |
Beta | 1.37 |
20 Day Moving Average | 2,097,511.50 |
Target Price Consensus | 26.75 |
4 Week | 16.05 |
12 Week | 31.19 |
YTD | 59.40 |
4 Week | 14.67 |
12 Week | 25.62 |
YTD | 33.33 |
Shares Outstanding (millions) | 151.23 |
Market Capitalization (millions) | 4,821.11 |
Short Ratio | NA |
Last Split Date | 6/1/2006 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 21.25 |
Trailing 12 Months | 17.33 |
PEG Ratio | NA |
vs. Previous Year | 24.14% |
vs. Previous Quarter | -20.00% |
vs. Previous Year | -61.72% |
vs. Previous Quarter | -16.41% |
Price/Book | 1.13 |
Price/Cash Flow | 6.32 |
Price / Sales | 2.34 |
6/30/24 | 7.51 |
3/31/24 | 7.68 |
12/31/23 | 9.00 |
6/30/24 | 3.69 |
3/31/24 | 3.72 |
12/31/23 | 4.20 |
6/30/24 | 0.41 |
3/31/24 | 0.53 |
12/31/23 | 0.51 |
6/30/24 | 0.40 |
3/31/24 | 0.51 |
12/31/23 | 0.49 |
6/30/24 | 15.42 |
3/31/24 | 12.39 |
12/31/23 | 10.30 |
6/30/24 | 26.64 |
3/31/24 | 40.44 |
12/31/23 | 50.34 |
6/30/24 | 31.58 |
3/31/24 | 50.55 |
12/31/23 | 64.71 |
6/30/24 | 28.11 |
3/31/24 | 28.12 |
12/31/23 | 27.45 |
6/30/24 | 30.94 |
3/31/24 | 25.78 |
12/31/23 | 22.71 |
6/30/24 | 0.46 |
3/31/24 | 0.45 |
12/31/23 | 0.43 |
6/30/24 | 31.63 |
3/31/24 | 31.13 |
12/31/23 | 30.28 |