CNX Resources Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 29/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 33.86.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
CNX Resources Corp's Score
Industry at a Glance
Industry Ranking
29 / 120
Overall Ranking
144 / 4562
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
15
analysts
Hold
Current Rating
33.857
Target Price
-16.87%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
CNX Resources Corp Highlights
StrengthsRisks
CNX Resources Corporation is an ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, United States. The Company's operations are primarily 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 528,000 net Marcellus Shale acres and 606,000 net Utica Shale acres. It has rights to extract CBM in Virginia from approximately 283,000 net CBM acres. It extracts CBM natural gas primarily from the Pocahontas #3 seam. It also has the right to capture Coal Mine Methane from active and abandoned mines in this region. It owns or operates around 2,700 miles of natural gas gathering pipelines as well as a number of natural gas processing facilities.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Overvalued
The company’s latest PB is 1.22, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 142.69M shares, increasing 0.01% quarter-over-quarter.
CNX Resources Corporation is an ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, United States. The Company's operations are primarily 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 528,000 net Marcellus Shale acres and 606,000 net Utica Shale acres. It has rights to extract CBM in Virginia from approximately 283,000 net CBM acres. It extracts CBM natural gas primarily from the Pocahontas #3 seam. It also has the right to capture Coal Mine Methane from active and abandoned mines in this region. It owns or operates around 2,700 miles of natural gas gathering pipelines as well as a number of natural gas processing facilities.
Ticker SymbolCNX
CompanyCNX Resources Corp
CEOShepard (Alan K)
Websitehttps://www.cnx.com
FAQs
What is the current price of CNX Resources Corp (CNX)?
The current price of CNX Resources Corp (CNX) is 37.010.
What is the symbol of CNX Resources Corp?
The ticker symbol of CNX Resources Corp is CNX.
What is the 52-week high of CNX Resources Corp?
The 52-week high of CNX Resources Corp is 42.129.
What is the 52-week low of CNX Resources Corp?
The 52-week low of CNX Resources Corp is 27.000.
What is the market capitalization of CNX Resources Corp?
The market capitalization of CNX Resources Corp is 5.03B.
What is the net income of CNX Resources Corp?
The net income of CNX Resources Corp is -90.49M.
Is CNX Resources Corp (CNX) currently rated as Buy, Hold, or Sell?
According to analysts, CNX Resources Corp (CNX) has an overall rating of Hold, with a price target of 33.857.
What is the Earnings Per Share (EPS TTM) of CNX Resources Corp (CNX)?
The Earnings Per Share (EPS TTM) of CNX Resources Corp (CNX) is 2.092.