CNX Stock Overview
CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin.
No risks detected for CNX from our risk checks.
CNX Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.58|
|52 Week High||US$23.33|
|52 Week Low||US$10.41|
|1 Month Change||-9.98%|
|3 Month Change||23.53%|
|1 Year Change||38.96%|
|3 Year Change||157.63%|
|5 Year Change||27.31%|
|Change since IPO||174.81%|
Recent News & Updates
Gas Producer CNX: Show Us The Money, Or Not
Gas producer CNX Resources is one of the largest Appalachian-based E&Ps. The company posted $2.90/share in earnings in Q4 and generated $356 million in total FCF during FY21. Yet the company pays no dividend to its shareholders. What gives? While it is understandable that the company wants to reduce debt, note that the management team prefers share buybacks to dividends directly to its investors.
|CNX||US Oil and Gas||US Market|
Return vs Industry: CNX underperformed the US Oil and Gas industry which returned 52.5% over the past year.
Return vs Market: CNX exceeded the US Market which returned -12.9% over the past year.
|CNX Average Weekly Movement||5.9%|
|Oil and Gas Industry Average Movement||8.4%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: CNX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CNX's weekly volatility (6%) has been stable over the past year.
About the Company
CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane. It produces and sells pipeline quality natural gas primarily for gas wholesalers.
CNX Resources Fundamentals Summary
|CNX fundamental statistics|
Is CNX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CNX income statement (TTM)|
|Cost of Revenue||US$551.34m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-7.79|
|Net Profit Margin||-55.11%|
How did CNX perform over the long term?See historical performance and comparison
Is CNX Resources undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNX ($19.58) is trading below our estimate of fair value ($70.94)
Significantly Below Fair Value: CNX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CNX is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: CNX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CNX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CNX is good value based on its PB Ratio (1.5x) compared to the US Oil and Gas industry average (2.1x).
How is CNX Resources forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: CNX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CNX's is expected to become profitable in the next 3 years.
Revenue vs Market: CNX's revenue (11.9% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: CNX's revenue (11.9% per year) is forecast to grow slower 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 (15.3%).
How has CNX Resources performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNX is currently unprofitable.
Growing Profit Margin: CNX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CNX is unprofitable, and losses have increased over the past 5 years at a rate of 43.8% per year.
Accelerating Growth: Unable to compare CNX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CNX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (88.4%).
Return on Equity
High ROE: CNX has a negative Return on Equity (-59.14%), as it is currently unprofitable.
How is CNX Resources's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CNX's short term assets ($416.9M) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: CNX's short term assets ($416.9M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: CNX's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: CNX's debt to equity ratio has increased from 67.1% to 87.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CNX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CNX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.8% per year.
What is CNX Resources's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CNX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CNX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CNX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CNX's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: CNX is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CNX has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nick DeIuliis (52 yo)
Mr. Nicholas J. DeIuliis, also known as Nick, serves as Director and Chief Executive Officer of CNX Resources Corporation since May 7, 2014 and its President since February 23, 2011. Prior to the separatio...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD8.57M) is about average for companies of similar size in the US market ($USD6.86M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Experienced Management: CNX's management team is considered experienced (2.5 years average tenure).
Experienced Board: CNX's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CNX Resources Corporation's employee growth, exchange listings and data sources
- Name: CNX Resources Corporation
- Ticker: CNX
- Exchange: NYSE
- Founded: 1860
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$3.819b
- Shares outstanding: 195.03m
- Website: https://www.cnx.com
Number of Employees
- CNX Resources Corporation
- CNX Center
- Suite 400
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
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.