CNX Resources Future Growth

Future criteria checks 3/6

CNX Resources is forecast to grow earnings and revenue by 6.5% and 21.9% per annum respectively. EPS is expected to grow by 2.1% per annum. Return on equity is forecast to be 7.7% in 3 years.

Key information

6.5%

Earnings growth rate

2.1%

EPS growth rate

Oil and Gas earnings growth	8.3%
Revenue growth rate	21.9%
Future return on equity	7.7%
Analyst coverage	Low
Last updated	17 Dec 2024

Recent future growth updates

Recent updates

CNX Resources: Look Elsewhere For Natural Gas Leverage

Dec 02

CNX Resources Corporation (NYSE:CNX) Shares Could Be 46% Below Their Intrinsic Value Estimate

Nov 15

CNX Resources Corporation (NYSE:CNX) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Oct 04

Lacklustre Performance Is Driving CNX Resources Corporation's (NYSE:CNX) Low P/S

Jan 26

CNX Resources: Favorable Weather Conditions Create An Opportunity For Gains

Jan 07

CNX Resources: Third Quarter Results Weak, But Firm Enjoys Financial Strength

Oct 31

CNX Resources: Growth, Value, Buybacks, And Deleveraging

Aug 24

CNX Resources: Asset Sale To Improve Balance Sheet But Stock Looks Overpriced

Jun 20

CNX Resources Q4 2022 Earnings Preview

Jan 25

CNX Resources: This Natural Gas Producer Looks Incredibly Cheap

Jan 19

CNX Resources Q3 2022 Earnings Preview

Oct 26

CNX Resources And The Saudi Arabia Of Natural Gas

Sep 08

CNX ResourcesEPS of $0.15, revenue of $420.42M misses by $148.85M

Jul 28

CNX Resources and Newlight team up to capture Aircarbon methane emissions

Jul 14

CNX Resources: Back To Support After A 30% Drop

Jun 24

Gas Producer CNX: Show Us The Money, Or Not

Apr 10

CNX Resources: Very Strong Earnings Report Shows Stock Undervaluation

Jan 29

CNX Resources: The Red-Headed Step-Child Of The Marcellus

Nov 04

CNX Resources: Giving Them A Pass At Current Prices

May 30

Earnings and Revenue Growth Forecasts

NYSE:CNX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,209	472	524	1,156	3
12/31/2025	1,964	333	436	1,015	5
12/31/2024	1,515	111	243	784	5
9/30/2024	1,369	568	166	708	N/A
6/30/2024	1,337	524	110	744	N/A
3/31/2024	1,326	1,017	73	751	N/A
12/31/2023	1,463	1,721	135	815	N/A
9/30/2023	1,973	2,381	351	1,096	N/A
6/30/2023	2,849	1,933	481	1,154	N/A
3/31/2023	3,625	1,491	534	1,147	N/A
12/31/2022	3,924	-142	669	1,235	N/A
9/30/2022	3,972	-686	537	1,046	N/A
6/30/2022	3,419	-1,132	523	996	N/A
3/31/2022	2,758	-1,520	578	1,043	N/A
12/31/2021	2,384	-499	460	926	N/A
9/30/2021	1,811	-933	393	834	N/A
6/30/2021	1,420	-265	390	843	N/A
3/31/2021	1,223	-57	289	747	N/A
12/31/2020	1,086	-484	308	795	N/A
9/30/2020	1,122	-951	125	749	N/A
6/30/2020	1,203	-631	-20	831	N/A
3/31/2020	1,375	-322	-106	939	N/A
12/31/2019	1,544	-81	-212	981	N/A
9/30/2019	1,714	293	-225	1,062	N/A
6/30/2019	1,777	302	-253	996	N/A
3/31/2019	1,767	182	-248	935	N/A
12/31/2018	1,755	797	-231	886	N/A
9/30/2018	1,549	981	-170	857	N/A
6/30/2018	1,423	834	N/A	799	N/A
3/31/2018	1,324	914	N/A	696	N/A
12/31/2017	1,198	295	N/A	649	N/A
9/30/2017	340	-323	N/A	558	N/A
6/30/2017	585	-241	N/A	539	N/A
3/31/2017	748	-598	N/A	546	N/A
12/31/2016	848	-551	N/A	464	N/A
9/30/2016	1,831	-178	N/A	490	N/A
6/30/2016	1,829	-116	N/A	437	N/A
3/31/2016	1,880	-458	N/A	407	N/A
12/31/2015	751	-650	N/A	512	N/A
9/30/2015	2,467	-328	N/A	491	N/A
6/30/2015	2,815	-452	N/A	674	N/A
3/31/2015	3,186	100	N/A	829	N/A
12/31/2014	2,959	165	N/A	937	N/A
9/30/2014	3,410	242	N/A	920	N/A
6/30/2014	3,325	172	N/A	823	N/A
3/31/2014	3,229	206	N/A	727	N/A
12/31/2013	3,034	81	N/A	659	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNX's forecast earnings growth (6.5% per year) is above the savings rate (2.6%).

Earnings vs Market: CNX's earnings (6.5% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: CNX's earnings are forecast to grow, but not significantly.

Revenue vs Market: CNX's revenue (21.9% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: CNX's revenue (21.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CNX's Return on Equity is forecast to be low in 3 years time (7.7%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 21:17
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CNX Resources Corporation is covered by 52 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nathan Judge	Atlantic Equities LLP
Joseph Allman	Baird
Peter Ward	Barclays

CNX Resources Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 17%

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 20%

Consensus EPS estimates increase by 14%

Consensus EPS estimates fall by 35%

Price target increased by 7.8% to US$24.50

Recent updates

CNX Resources: Look Elsewhere For Natural Gas Leverage

CNX Resources Corporation (NYSE:CNX) Shares Could Be 46% Below Their Intrinsic Value Estimate

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 17%

Consensus EPS estimates fall by 12%

CNX Resources Corporation (NYSE:CNX) Surges 25% Yet Its Low P/E Is No Reason For Excitement

CNX Resources Corporation to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 17%

Independent Director recently bought US$2.0m worth of stock

Independent Director recently bought US$2.0m worth of stock

Consensus EPS estimates fall by 20%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 14%

CNX Resources Corporation to Report Q2, 2024 Results on Jul 25, 2024

Earnings Working Against CNX Resources Corporation's (NYSE:CNX) Share Price

Are Investors Undervaluing CNX Resources Corporation (NYSE:CNX) By 50%?

Consensus EPS estimates fall by 35%

First quarter 2024 earnings released: EPS: US$0.045 (vs US$4.22 in 1Q 2023)

Price target increased by 7.8% to US$24.50

Consensus EPS estimates fall by 12%

CNX Resources Corporation to Report Q1, 2024 Results on Apr 25, 2024

CNX Resources Corporation, Annual General Meeting, May 02, 2024

CNX Resources Corporation Provides Production Guidance for the Year of 2024

CNX Resources' (NYSE:CNX) Profits Appear To Have Quality Issues

Lacklustre Performance Is Driving CNX Resources Corporation's (NYSE:CNX) Low P/S

Third quarter 2023 earnings released: EPS: US$0.13 (vs US$2.28 loss in 3Q 2022)

Consensus EPS estimates fall by 18%

CNX Resources: Favorable Weather Conditions Create An Opportunity For Gains

CNX Resources Corporation to Report Q4, 2023 Results on Jan 25, 2024

Now 21% undervalued after recent price drop

CNX Resources Corporation Announces Executive Changes

CNX Resources: Third Quarter Results Weak, But Firm Enjoys Financial Strength

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

New major risk - Revenue and earnings growth

CNX Resources Corporation to Report Q3, 2023 Results on Oct 25, 2023

Now 21% undervalued

Independent Director recently bought US$3.7m worth of stock

CNX Resources: Growth, Value, Buybacks, And Deleveraging

Consensus revenue estimates increase by 17%

New major risk - Earnings quality

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

CNX Resources Corporation to Report Q2, 2023 Results on Jul 27, 2023

CNX Resources Corporation(NYSE:CNX) dropped from Russell Small Cap Comp Growth Index

CNX Resources: Asset Sale To Improve Balance Sheet But Stock Looks Overpriced

An unknown third party entered into a definitive agreement to acquire Non-Operated Producing Oil And Gas Assets of CNX Resources Corporation for approximately $130 million.

Independent Director recently bought US$2.1m worth of stock

Proxy Impact Files an Exempt Solicitation Statement with Securities and Exchange Commission

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 7.2% to US$19.80

Now 23% undervalued after recent price drop

Full year 2022 earnings released: US$0.68 loss per share (vs US$2.31 loss in FY 2021)

CNX Resources Q4 2022 Earnings Preview

CNX Resources: This Natural Gas Producer Looks Incredibly Cheap

CNX Resources Corporation to Report Q4, 2022 Results on Jan 26, 2023

CNX Resources Corp. Launches Appalachia First

CNX Resources Corporation Announces Executive Changes

Insufficient new directors

CNX Resources Corporation Revises Production Guidance for the Year 2022

Third quarter 2022 earnings released: US$2.28 loss per share (vs US$4.05 loss in 3Q 2021)

CNX Resources Q3 2022 Earnings Preview

CNX Resources Corporation to Report Q3, 2022 Results on Oct 27, 2022

CNX Resources And The Saudi Arabia Of Natural Gas

Price target decreased to US$25.00

Insufficient new directors

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

CNX ResourcesEPS of $0.15, revenue of $420.42M misses by $148.85M

Consensus EPS estimates fall by 11%

CNX Resources and Newlight team up to capture Aircarbon methane emissions

Consensus revenue estimates increase by 59%