CNX Resources
CNX

$25.35

1.36%

Market Cap: 3.88B

About: CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.

Employees: 470

Energy Crude Petroleum & Natural Gas

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 11 analysts

0

News positive %

of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

2,237% more call options, than puts

Call options by funds: $177M | Put options by funds: $7.57M

19% more capital invested

Capital invested by funds: $3.15B [Q4 2023] → $3.75B (+$594M) [Q1 2024]

3.94% more ownership

Funds ownership: 99.26% [Q4 2023] → 103.2% (+3.94%) [Q1 2024]

7% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 46

1% more funds holding

Funds holding: 318 [Q4 2023] → 321 (+3) [Q1 2024]

38% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 136

43% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 4 (-3) [Q1 2024]

See Fund Rankings

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$18

29%

downside

Avg. target

$26

1%

upside

High target

$31

22%

upside

11 analyst ratings

3 positive

27%

7 neutral

64%

1 negative

9%

Truist Securities Bertrand Hodee	22%upside $31	Buy Maintained	22 Jul 2024
Stephens & Co. Mike Scialla	7%upside $27	Equal-Weight Reiterated	15 Jul 2024
Mizuho Nitin Kumar	14%upside $29	Neutral Maintained	13 May 2024
Piper Sandler Kashy Harrison	13%downside $22	Neutral Maintained	19 Apr 2024
Scotiabank Cameron Bean	1%downside $25	Sector Underperform Maintained	11 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about CNX published over the past 30 days

CNX Resources Corporation (CNX) Q2 2024 Earnings Call Transcript

CNX Resources Corporation (NYSE:CNX ) Q2 2024 Results Conference Call July 25, 2024 10:00 AM ET Company Participants Tyler Lewis - VP of Investor Relations Ravi Srivastava - President of New Technologies Alan Shepard - Chief Financial Officer Navneet Behl - Chief Operating Officer Conference Call Participants Bert Donnes - Truist Zach Parham - JPMorgan Leo Mariani - ROTH Michael Scialla - Stephens Jacob Roberts - TPH Noel Parks - Tuohy Brothers Operator Good morning, and welcome to the CNX Resources Second Quarter 2024 Q&A Conference Call. All participants will be in a listen-only mode.

CNX Resources Corporation (CNX) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Q2 2024 U.S. GDP Jumps

Q2 2024 U.S. GDP Jumps.

Q2 2024 U.S. GDP Jumps

Zacks Investment Research

CNX Resources (CNX) Q2 Earnings Beat Estimates, Revenues Lag

CNX Resources' (CNX) second-quarter 2024 earnings and revenues increase year over year. However, interest expenses also increase during the same period.

CNX Resources (CNX) Q2 Earnings Beat Estimates, Revenues Lag

Zacks Investment Research

CNX Resources Corporation. (CNX) Tops Q2 Earnings Estimates

CNX Resources Corporation. (CNX) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.27 per share.

CNX Resources Corporation. (CNX) Tops Q2 Earnings Estimates

CNX Reports Second Quarter Results

PITTSBURGH , July 25, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the second quarter 2024 by posting those results on its website as detailed below. The company's second quarter prepared remarks can be accessed by clicking here.

CNX Reports Second Quarter Results

Zacks Investment Research

What's in Store for CNX Resources (CNX) in Q2 Earnings?

CNX Resources' (CNX) second-quarter 2024 earnings are expected to have continued to benefit from share repurchases, debt reduction and strategic plan to control challenging gas market conditions.

What's in Store for CNX Resources (CNX) in Q2 Earnings?

Zacks Investment Research

CNX Resources Corporation. (CNX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

CNX Resources (CNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CNX Resources Corporation. (CNX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Zacks Investment Research

Will CNX Resources (CNX) Beat Estimates Again in Its Next Earnings Report?

CNX Resources (CNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will CNX Resources (CNX) Beat Estimates Again in Its Next Earnings Report?

CNX Resources Corporation Announces Second Quarter 2024 Financial Results and Q&A Conference Call Schedule

PITTSBURGH , July 3, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q2 2024 at 6:45 a.m. Eastern Time on Thursday, July 25.

CNX Resources Corporation Announces Second Quarter 2024 Financial Results and Q&A Conference Call Schedule

CNX Releases 'Radically Transparent' Corporate Sustainability Report

2023 Report Details Progress Towards Unique Appalachia First Sustainability Goals Generating Long-term Value for Shareholders, Employees, and Appalachian Region PITTSBURGH , June 5, 2024 /PRNewswire/ -- Today, CNX Resources Corp. (NYSE: CNX) published its thirteenth annual Corporate Sustainability Report, Radical Transparency , highlighting how the Company's distinct corporate strategy and investment approach continues to deliver material results for all stakeholder groups across the Appalachian region and beyond. "The 160-year legacy of CNX is rooted in being thoughtfully innovative, and that innovative spirit has shaped our unique Tangible, Impactful, Local ESG effort which is summarized in this report," commented CNX Chief Risk Officer Hayley Scott.

CNX Releases 'Radically Transparent' Corporate Sustainability Report

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