CNX Resources (CNX) Stock Price, News & Analysis

Company Overview

CNX Resources Corporation is a natural gas and natural gas liquids producer with operations concentrated in the Appalachian Basin. Established as an independent, publicly traded entity in 2018 following its spinoff from Consol Energy, the company focuses on the exploration, development and production of hydrocarbon resources in the Marcellus and Utica shales across Pennsylvania, West Virginia and Ohio.

In addition to its upstream activities, CNX Resources has invested in midstream infrastructure through its subsidiary that gathers, processes and transports natural gas. This integrated approach enables the company to optimize the value of its production and enhance operational efficiencies. Key offerings include gas processing, compression, gathering systems and pipeline transportation services tailored to serve both its own production and third-party producers in the region.

Recognizing the importance of environmental stewardship and energy transition, CNX Resources has expanded into low-carbon energy solutions. Initiatives include development of renewable natural gas (RNG), participation in carbon capture and sequestration projects and deployment of distributed natural gas solutions for commercial and industrial customers. These efforts are designed to reduce greenhouse gas emissions and provide customers with cleaner energy alternatives.

Headquartered in Canonsburg, Pennsylvania, CNX Resources is led by President and Chief Executive Officer Nick J. DeIuliis, supported by a management team with deep experience in finance, engineering and operations. The company remains committed to operational excellence, financial discipline and responsible resource development in one of North America’s most prolific natural gas basins.

Key Stats

• Today's Range: $28.96 to $29.40
• 50-Day Range: $28.13 to $35.23
• 52-Week Range: $26.50 to $41.93
• Volume: 1.22 million shs
• Average Volume: 1.65 million shs
• Market Capitalization: $4.13 billion
• P/E Ratio: 49.48
• Dividend Yield: N/A
• Price Target: $31.77
• Consensus Rating: Reduce

CNX Resources Stock Analysis - MarketRank™

CNX Resources scored higher than 52% of companies evaluated by MarketBeat, and ranked 129th out of 269 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

CNX Resources has received a consensus rating of Reduce. The company's average rating score is 1.63, and is based on 1 buy rating, 8 hold ratings, and 7 sell ratings.

Amount of Analyst Coverage

CNX Resources has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 23.39%

Earnings Growth

Earnings for CNX Resources are expected to grow by 23.39% in the coming year, from $2.18 to $2.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CNX Resources is 49.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of CNX Resources is 49.48, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 67.34.

Price to Earnings Growth Ratio

CNX Resources has a PEG Ratio of 0.25. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

CNX Resources has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.05% of the float of CNX Resources has been sold short.

Short Interest Ratio / Days to Cover

CNX Resources has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in CNX Resources has recently increased by 2.01%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CNX Resources does not currently pay a dividend.

Dividend Growth

CNX Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -9.10

Percentage of Shares Shorted

18.05% of the float of CNX Resources has been sold short.

Short Interest Ratio / Days to Cover

CNX Resources has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.

Change versus previous month

Short interest in CNX Resources has recently increased by 2.01%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.96

News Sentiment

CNX Resources has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for CNX Resources this week, compared to 9 articles on an average week.

Search Interest

8 people have searched for CNX on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added CNX Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CNX Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.10% of the stock of CNX Resources is held by insiders.

Percentage Held by Institutions

95.16% of the stock of CNX Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CNX Stock Analysis - Frequently Asked Questions

How have CNX shares performed this year?

CNX Resources' stock was trading at $36.67 on January 1st, 2025. Since then, CNX stock has decreased by 20.4% and is now trading at $29.1950.

How were CNX Resources' earnings last quarter?

CNX Resources Corporation. (NYSE:CNX) posted its quarterly earnings data on Thursday, January, 30th. The oil and gas producer reported $0.57 EPS for the quarter, beating the consensus estimate of $0.43 by $0.14. CNX Resources had a net margin of 9.70% and a trailing twelve-month return on equity of 8.93%.
Read the conference call transcript.

Who are CNX Resources' major shareholders?

Top institutional investors of CNX Resources include State Street Corp (4.94%), Geode Capital Management LLC (2.57%), American Century Companies Inc. (1.97%) and Southeast Asset Advisors LLC (1.71%). Insiders that own company stock include Mfn Partners, Lp, Bernard Lanigan Jr, J Palmer Clarkson and Timothy Scott Bedard.
View institutional ownership trends.

How do I buy shares of CNX Resources?

Shares of CNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of CNX Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CNX Resources investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 1/30/2025
• Today: 8/31/2025
• Next Earnings (Estimated): 10/23/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - US EXP&PROD
• Sub-Industry: Coal & Consumable Fuels
• Current Symbol: NYSE:CNX
• CIK: 1070412
• Web: www.cnx.com
• Phone: (724) 485-4000
• Fax: 724-485-4833
• Employees: 470
• Year Founded: 1860

Price Target and Rating

• Average Price Target for CNX Resources: $31.77
• High Price Target: $48.00
• Low Price Target: $24.00
• Potential Upside/Downside: +8.8%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.63
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.59
• Trailing P/E Ratio: 49.48
• Forward P/E Ratio: 13.39
• P/E Growth: 0.25
• Net Income: -$90.49 million
• Net Margins: 9.70%
• Pretax Margin: 12.54%
• Return on Equity: 8.93%
• Return on Assets: 4.13%

Debt

• Debt-to-Equity Ratio: 0.56
• Current Ratio: 0.33
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: $1.27 billion
• Price / Sales: 3.26
• Cash Flow: $5.23 per share
• Price / Cash Flow: 5.58
• Book Value: $28.94 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 141,420,000
• Free Float: 137,035,000
• Market Cap: $4.13 billion
• Optionable: Optionable
• Beta: 0.64