CNX Resources Corp

CNX Resources Corp Stock Forecast & Price Prediction

Live CNX Resources Corp Stock (CNX) Price
$40.52

12

Ratings

  • Buy 0
  • Hold 7
  • Sell 5
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$40.52

P/E Ratio

13.20

Volume Traded Today

$584,000

Dividend

$0.01

52 Week High/low

41.93/19.07

CNX Resources Corp Market Cap

$6.05B

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CNX Summary

Based on ratings from 12 stock analysts, the CNX Resources Corp stock price is expected to decrease by 25.96% in 12 months. This is calculated by using the average 12-month stock price forecast for CNX Resources Corp. The lowest target is $20 and the highest is $35. Please note analyst price targets are not guaranteed and could be missed completely.

CNX Analyst Ratings

About 12 Wall Street analysts have assignedCNX 0 buy ratings, 7 hold ratings, and 5 sell ratings. This means that analysts expect CNX Resources Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CNX stock forecast by analyst

These are the latest 20 analyst ratings of CNX.

Analyst/Firm

Rating

Price Target

Change

Date

Zach Parham
JP Morgan

Neutral

$31

Maintains

Oct 30, 2024
Neal Dingmann
Truist Securities

Hold

$34

Downgrade

Oct 28, 2024
Mike Scialla
Stephens & Co.

Equal-Weight

$35

Maintains

Oct 25, 2024
Nitin Kumar
Mizuho

Neutral

$33

Maintains

Oct 14, 2024
Brian Velie
Capital One

Equal-Weight

$25

Downgrade

Oct 14, 2024
Phillip Jungwirth
BMO Capital

Market Perform

$29

Maintains

Oct 4, 2024
Neal Dingmann
Truist Securities

Buy

$38

Maintains

Sep 30, 2024
Nitin Kumar
Mizuho

Neutral

$32

Maintains

Sep 16, 2024
Zach Parham
JP Morgan

Neutral

$27

Maintains

Sep 12, 2024
Cameron Bean
Scotiabank

Sector Underperform

$27

Maintains

Aug 20, 2024
Mark Lear
Piper Sandler

Underweight

$20

Downgrade

Aug 15, 2024
Bertrand Hodee
Truist Securities

Buy

$31

Maintains

Jul 22, 2024
Mike Scialla
Stephens & Co.

Equal-Weight

$27

Reiterates

Jul 15, 2024
Nitin Kumar
Mizuho

Neutral

$29

Maintains

May 13, 2024
Kashy Harrison
Piper Sandler

Neutral

$22

Maintains

Apr 19, 2024
Nitin Kumar
Mizuho

Neutral

$25

Maintains

Apr 11, 2024
Cameron Bean
Scotiabank

Sector Underperform

$25

Maintains

Apr 11, 2024
Bertrand Hodee
Truist Securities

Buy

$30

Maintains

Apr 5, 2024
Leo Mariani
Roth MKM

Neutral

$22

Maintains

Apr 2, 2024
Bertrand Hodee
Truist Securities

Buy

$28

Maintains

Mar 13, 2024

CNX Company Information

What They Do: Engages in natural gas exploration and production.

Business Model: The company generates revenue by acquiring, exploring, and producing natural gas properties, primarily selling pipeline-quality natural gas to wholesalers. It operates two segments: Shale and Coalbed Methane (CBM), and also provides natural gas gathering systems and water sourcing solutions.

Other Information: CNX Resources Corporation has extensive operations in the Appalachian Basin and owns rights to natural gas extraction in multiple states including Pennsylvania, West Virginia, and Ohio. The company has a significant infrastructure with approximately 2,600 miles of gathering pipelines and several processing facilities. It was formerly known as CONSOL Energy Inc. before rebranding in 2017.
CNX
CNX Resources Corp (CNX)

When did it IPO

1999

Staff Count

470

Country

United States

Sector/Industry

Energy/Oil & Gas E&P

CEO

Mr. Nicholas J. DeIuliis

Market Cap

$6.05B

CNX Resources Corp (CNX) Financial Data

In 2023, CNX generated $1.51B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$1.51B

0.00 %
From Previous Year
  • Revenue TTM $1.37B
  • Operating Margin TTM 30.4%
  • Gross profit TTM $529.6M
  • Return on assets TTM 6.3%
  • Return on equity TTM 13.8%
  • Profit Margin 41.5%
  • Book Value Per Share 28.52%
  • Market capitalisation $6.05B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $1.51B
  • EPS this year (TTM) $3.07

CNX Resources Corp (CNX) Latest News

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - CNX Resources Corporation held its Q3 2024 earnings call on October 24, 2024, involving key executives and analysts from various financial institutions.

Why It Matters - The earnings call provides insights into CNX Resources' financial performance and strategic direction, influencing investor sentiment and potential stock valuation.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - CNX Resources Corporation (NYSE: CNX) announced its third quarter 2024 financial and operational results, available on its website for review.

Why It Matters - CNX Resources' Q3 2024 results could impact stock performance, investor sentiment, and operational outlook, influencing investment decisions and market valuations.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CNX Resources Corporation reported Q3 earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.32 per share.

Why It Matters - CNX's earnings beat expectations, indicating strong financial performance, which may boost investor confidence and potentially increase the stock's value.

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - CNX reported a year-over-year earnings increase in Q3 2024, but revenues declined, accompanied by a rise in interest expenses.

Why It Matters - CNX's earnings growth amid declining revenues signals operational efficiency, but rising interest expenses could pressure future profitability and cash flow, impacting investor sentiment.

News Image

Tue, 22 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CNX's Q3 earnings are projected to benefit from share repurchases, debt reduction, and a strategic plan to manage market oversupply.

Why It Matters - CNX's expected earnings growth from share repurchases and debt reduction signals strong financial health, potentially enhancing shareholder value and market confidence.

News Image

Thu, 17 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CNX Resources (CNX) is expected to have a strong earnings report due to favorable conditions, making it a potential candidate for an earnings beat. Investors should prepare for the upcoming results.

Why It Matters - CNX Resources' potential earnings beat could signal strong financial performance, positively impacting stock prices and investor sentiment.

...

CNX Frequently asked questions

The highest forecasted price for CNX is $35 from at Citigroup.

The lowest forecasted price for CNX is $20 from from KLR Group

The CNX analyst ratings consensus are 0 buy ratings, 7 hold ratings, and 5 sell ratings.