CNX Resources Corporation (CNX)
Market Cap | 3.18B |
Revenue (ttm) | 4.10B |
Net Income (ttm) | 2.38B |
Shares Out | 158.85M |
EPS (ttm) | 12.25 |
PE Ratio | 1.63 |
Forward PE | 11.10 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,028,385 |
Open | 20.24 |
Previous Close | 20.26 |
Day's Range | 20.00 - 20.32 |
52-Week Range | 14.36 - 23.68 |
Beta | 1.35 |
Analysts | Hold |
Price Target | 21.17 (+5.85%) |
Earnings Date | Jan 25, 2024 |
About CNX
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 (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas positions in Illinois, Indiana, New York, and Virgini... [Read more]
Financial Performance
In 2022, CNX Resources's revenue was $1.26 billion, an increase of 66.65% compared to the previous year's $756.79 million. Losses were -$142.08 million, -71.51% less than in 2021.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CNX stock is "Hold." The 12-month stock price forecast is $21.17, which is an increase of 5.85% from the latest price.
News
CNX Provides Update on Hydrogen Project Location and 45V Hydrogen Production Tax Credit Rules
PITTSBURGH , Dec. 15, 2023 /PRNewswire/ -- Citing delays and increasing uncertainty over implementation rules guiding the use of the 45V hydrogen production tax credit provisions of the Inflation Redu...
CNX Announces Executive Leadership Addition
PITTSBURGH , Dec. 1, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today announced that Timothy S. Bedard will join the company this month as Executive Vice Presi...
CNX Reports Third Quarter Results
PITTSBURGH , Oct. 25, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the third quarter 2023 by posting those r...
$7 Billion in Clean Hydrogen Grants: Winners and Losers
The US Department of Energy finally decided who would get a piece of the $7 billion Federal funding for green hydrogen, and the news may surprise you. The funding is intended to build green hydrogen i...
CNX Applauds Hydrogen Hub Funding Announcement and Stresses Need for Clear 45V Hydrogen Production Tax Credit Guidance
PITTSBURGH , Oct. 13, 2023 /PRNewswire/ -- In response to today's U.S. Department of Energy announcement regarding hydrogen hub funding, CNX (NYSE: CNX) President and CEO Nick Deiuliis issued the foll...
CNX Resources Corporation Announces Third Quarter 2023 Financial Results and Conference Call Schedule
PITTSBURGH , Oct. 4, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q3 2023 at 6:45 a.m. Eastern Time on Wednesday, October 25.
CNX Reports Second Quarter Results
PITTSBURGH , July 27, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the second quarter 2023 by posting those ...
CNX Resources Corporation Announces Second Quarter 2023 Financial Results and Conference Call Schedule
PITTSBURGH , July 6, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q2 2023 at 6:45 a.m. Eastern Time on Thursday, July 27.
CNX Releases Sustainability Report Highlighting Tangible, Impactful, Local ESG Approach
2022 Report Showcases Continued Sustainability Progress, Corporate Initiatives Driving Resiliency and Stakeholder Value – All Aimed at Serving Appalachia First PITTSBURGH , May 31, 2023 /PRNewswire/ -...
CNX Reports First Quarter Results
PITTSBURGH , April 27, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the first quarter 2023 by posting those ...
CNX Resources Corporation Announces First Quarter 2023 Financial Results and Conference Call Schedule
PITTSBURGH , April 5, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q1 2023 at 6:45 a.m. Eastern Time on Thursday, April 27.
Multi-Billion Dollar Clean Ammonia Manufacturing Investment Advancing in Southern WV
Adams Fork Energy plant to be the largest clean ammonia facility in U.S and an anchor project in ARCH2 Hydrogen Hub application MINGO COUNTY, W.Va. , April 3, 2023 /PRNewswire/ -- A multi-billion-doll...
CNX Announces Proved Reserves of 9.81 Tcfe
PITTSBURGH , Feb. 9, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") announced today its year-end reserves update as of December 31, 2022. Increased proved develope...
CNX Reports Fourth Quarter Results
PITTSBURGH , Jan. 26, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the fourth quarter 2022 by posting those ...
CNX and ICE Thermal Harvesting Launch Pilot Program Generating Zero-Emission, Appalachian-Sourced Power
Innovative Technology Partnership Seeks to Eliminate Emissions While Enhancing Power Reliability PITTSBURGH and HOUSTON , Jan. 24, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and ICE Th...
CNX Resources Corporation Announces Fourth Quarter 2022 Financial Results and Conference Call Schedule
PITTSBURGH , Jan. 5, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2022 at 6:45 a.m. Eastern Time on Thursday, January 26.
CNX Unveils Appalachia-Focused Vision for the Future
Strategy leverages the company's local legacy, new decarbonization technologies, and low cost, lower emissions assets to catalyze regional growth opportunities PITTSBURGH , Dec. 12, 2022 /PRNewswire/ ...
CNX and New Frontier Announce Strategic Partnership to Leverage Abated Methane Emissions to Transform International Travel
PITTSBURGH and SAN FRANCISCO , Nov. 7, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and New Frontier Aerospace, Inc. (NFA) today announced the companies have entered into an agreement, f...
CNX Resources Corporation Announces Third Quarter 2022 Financial Results and Conference Call Schedule
PITTSBURGH , Oct. 6, 2022 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q3 2022 at 6:45 a.m. Eastern Time on Thursday, October 27.
CNX Resources Corporation Announces Closing of $500 Million Senior Notes Offering
PITTSBURGH , Sept. 26, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the closing of its private placement of $500 million aggregate principal amoun...
CNX Resources Corporation Announces Early Results and Early Payment Date for Tender Offer for its 7.25% Senior Notes due 2027
PITTSBURGH , Sept. 26, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced that it had received tenders for an aggregate principal amount of $385,586,000...
CNX Resources Corporation Announces Pricing of $500 Million of Senior Notes
PITTSBURGH , Sept. 12, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the pricing of $500 million of its 7.375% senior notes due 2031 (the "Notes") ...
CNX Resources Corporation Announces Tender Offer for its 7.250% Senior Notes due 2027
PITTSBURGH , Sept. 12, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX") today announced that it has commenced a cash tender offer (the "offer") to purchase up to $350,000,000 aggrega...
CNX Resources Corporation Announces Private Offering of $500 Million of Senior Notes
PITTSBURGH , Sept. 12, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we" or "our") today announced that it intends, subject to market and other conditions, to offer and sell to e...
CNX, Dynamis Introduce Next Generation Electric Powered Drilling System
Innovative System Further Eliminates Natural Gas Drilling Operations-Related Emissions PITTSBURGH and THE WOODLANDS, Texas , July 26, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and Dyn...