CNX:NYE-CNX Resources Corporation (USD)

COMMON STOCK | Oil & Gas E&P | NYE

Last Closing Price

USD 12.61

Change

-0.53 (-4.03)%

Market Cap

USD 2.89B

Volume

3.31M

Average Target Price

USD 14.67 (+16.31%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

CNX Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas properties primarily in the Appalachian Basin. It operates through two segments, Shale and Coalbed Methane. The company produces and sells pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 524,000 net Marcellus Shale acres; and 610,000 net acres of Utica Shale, as well as rights to extract natural gas from other shale and shallow oil and gas positions from approximately 1,017,000 in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. It also owns rights to extract coalbed methane (CBM) in Virginia from approximately 283,000 net CBM acres, as well as 1,896,000 net CBM acres in West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. CNX Resources Corporation also offers gas gathering and water delivery solutions to third-parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-02-26 )

Largest Industry Peers for Oil & Gas E&P

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PEXNY PTT Exploration and Production..

N/A

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ETFs Containing CNX

Symbol Name Weight Mer Price(Change) Market Cap
VBND Vident Core U.S. Bond Str.. 0.00 % 0.39 %

+0.23 (+0.46%)

USD0.40B
XXM:CA CI First Asset Morningsta.. 0.00 % 0.60 %

-0.21 (-2.00%)

USD0.03B
ZJN:CA BMO Junior Gas Index ETF 0.00 % 0.55 %

N/A

USD2.54M
BUYN USCF SummerHaven SHPEN In.. 0.00 % 0.80 %

N/A

USD0.55M
FTXN First Trust Nasdaq Oil & .. 0.00 % 0.60 %

-0.43 (-2.77%)

USD0.02B
XXM-B:CA CI First Asset Morningsta.. 0.00 % 0.60 %

N/A

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 16.76% 18% F 82% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 16.76% 15% F 81% B-
Trailing 12 Months  
Capital Gain 137.48% 83% B 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 137.48% 83% B 95% A
Trailing 5 Years  
Capital Gain 60.84% 81% B- 65% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 60.84% 69% D+ 56% F
Average Annual (5 Year Horizon)  
Capital Gain -5.44% 70% C- 22% F
Dividend Return N/A 2% F N/A N/A
Total Return -5.44% 64% D 17% F
Risk Return Profile  
Volatility (Standard Deviation) 34.59% 51% F 17% F
Risk Adjusted Return -15.74% 68% D+ 23% F
Market Capitalization 2.89B 77% C+ 66% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 5.47 73% C 90% A-
Price/Book Ratio 0.68 83% B 90% A-
Price / Cash Flow Ratio 3.63 62% D- 68% D+
EV/EBITDA 79.36 6% F 7% F
Management Effectiveness  
Return on Equity -9.14% 62% D- 23% F
Return on Invested Capital -3.86% 32% F 18% F
Return on Assets 0.22% 50% F 24% F
Debt to Equity Ratio 54.30% 53% F 60% D-
Technical Ratios  
Short Ratio 4.34 14% F 18% F
Short Percent 12.07% 16% F 29% F
Beta 1.69 65% D 19% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector