CNX Resources Stock Analysis

CNX
 Stock
  

USD 17.77  0.40  2.30%   

The current indifference towards the small price fluctuations of CNX Resources Corp could raise concerns from investors as the firm is trading at a share price of 17.77 on 348,441 in volume. The company directors and management did not add any value to CNX Resources investors in November. However, most investors can still diversify their portfolios with CNX Resources Corp to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.93. The current volatility is consistent with the ongoing market swings in November 2022 as well as with CNX Resources unsystematic, company-specific events.
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The CNX Resources stock analysis report makes it easy to digest most publicly released information about CNX Resources and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. CNX Resources Stock analysis module also helps to analyze the CNX Resources price relationship with some important fundamental indicators such as market cap and management efficiency.

CNX Resources Stock Analysis Notes

About 96.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.66. Some equities with similar Price to Book (P/B) outperform the market in the long run. CNX Resources Corp has Price/Earnings To Growth (PEG) ratio of 0.96. The entity recorded a loss per share of 7.21. The firm last dividend was issued on the 2nd of February 2017. CNX Resources had 6:5 split on the 29th of November 2017. CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania. CNX Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 441 people. For more info on CNX Resources Corp please contact Nicholas DeIuliis at 724 485 4000 or go to https://www.cnx.com.

CNX Resources Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. CNX Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding CNX Resources Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 2.22 B in debt with debt to equity (D/E) ratio of 0.96, which is OK given its current industry classification. CNX Resources Corp has a current ratio of 0.29, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist CNX Resources until it has trouble settling it off, either with new capital or with free cash flow. So, CNX Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CNX Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CNX Resources to invest in growth at high rates of return. When we think about CNX Resources' use of debt, we should always consider it together with cash and equity.
The entity reported the last year's revenue of 2.39 B. Reported Net Loss for the year was (498.64 M) with profit before taxes, overhead, and interest of 1.87 B.
Over 96.0% of CNX Resources shares are held by institutions such as insurance companies
Latest headline from news.google.com: Occidental Q3 Earnings Lag, Revenues Beat Estimates - Nasdaq

CNX Resources Corp Upcoming and Recent Events

Earnings reports are used by CNX Resources to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CNX Resources previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

CNX Resources Largest EPS Surprises

Earnings surprises can significantly impact CNX Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-04-26
2016-03-31-0.08-0.070.0112 
2003-04-24
2003-03-310.010.020.01100 
2002-07-24
2002-06-300.050.060.0120 
View All Earnings Estimates

CNX Resources SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. CNX Resources prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that CNX Resources investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial CNX Resources Corp specific information freely available to individual and institutional investors to make a timely investment decision.
13th of September 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Entry into a Material Definitive Agreement
View
12th of September 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
28th of July 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
1st of June 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
9th of May 2022
Submission of Matters to a Vote of Security Holders
View
28th of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
14th of February 2022
Unclassified Corporate Event
View
10th of February 2022
Unclassified Corporate Event
View

CNX Resources Thematic Classifications

In addition to having CNX Resources stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force

CNX Resources Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 3.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CNX Resources's market, we take the total number of its shares issued and multiply it by CNX Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

CNX Resources Profitablity

CNX Resources' profitability indicators refer to fundamental financial ratios that showcase CNX Resources' ability to generate income relative to its revenue or operating costs. If, let's say, CNX Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, CNX Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of CNX Resources' profitability requires more research than a typical breakdown of CNX Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (0.17) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.1) %, which entails that for every $100 of revenue, it lost 0.0.
Last ReportedProjected for 2022
Return on Investment(7.49) (7.68) 
Return on Average Assets(6.18) (6.34) 
Return on Average Equity(12.28) (12.60) 
Return on Invested Capital(0.0432) (0.0443) 
Return on Sales(0.64) (0.66) 

Management Efficiency

The entity has Return on Asset of (0.0306) % which means that on every $100 spent on asset, it lost $0.0306. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (0.2658) %, meaning that it generated no profit with money invested by stockholders. CNX Resources management efficiency ratios could be used to measure how well cnx resources corp manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to drop to -7.68 in 2022. Return on Average Assets is likely to drop to -6.34 in 2022. CNX Resources Total Assets are fairly stable at the moment as compared to the past year. CNX Resources reported Total Assets of 8.1 Billion in 2021. Current Assets is likely to rise to about 471.9 M in 2022, whereas Net Current Assets as percentage of Total Assets are likely to drop (6.27)  in 2022.
Last ReportedProjected for 2022
Book Value per Share 17.52  19.28 
Enterprise Value over EBIT(15.00) (15.39) 
Enterprise Value over EBITDA 242.53  261.67 
Price to Book Value 0.79  0.88 
Tangible Assets Book Value per Share 36.43  35.54 
Enterprise Value7.2 BB
Tangible Asset Value7.7 B8.1 B

Technical Drivers

As of the 1st of December, CNX Resources shows the risk adjusted performance of 0.0191, and Mean Deviation of 2.23. CNX Resources Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for CNX Resources Corp, which can be compared to its rivals. Please confirm CNX Resources Corp information ratio and downside variance to decide if CNX Resources Corp is priced some-what accurately, providing market reflects its regular price of 17.77 per share. Given that CNX Resources has jensen alpha of (0.05), we suggest you to validate CNX Resources Corp's prevailing market performance to make sure the company can sustain itself at some point in the future.

CNX Resources Corp Price Movement Analysis

The output start index for this execution was three with a total number of output elements of fifty-eight. CNX Resources Corp Triple Exponential Moving Average indicator shows smoothing effect of CNX Resources price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
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CNX Resources Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CNX Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on CNX Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CNX Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

CNX Resources Predictive Daily Indicators

CNX Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CNX Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

CNX Resources Forecast Models

CNX Resources time-series forecasting models is one of many CNX Resources' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CNX Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About CNX Resources Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how CNX Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CNX Resources shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as CNX Resources. By using and applying CNX Resources Stock analysis, traders can create a robust methodology for identifying CNX Resources entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(63.17) (64.83) 
EBITDA Margin 7.51  7.70 
Gross Margin 31.59  40.39 
Profit Margin(65.89) (67.62) 

Current CNX Resources Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CNX Resources analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. CNX Resources analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
18.38Hold8Odds
CNX Resources Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CNX Resources analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CNX Resources stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CNX Resources Corp, talking to its executives and customers, or listening to CNX Resources conference calls.
CNX Resources Analyst Advice Details

CNX Resources Stock Analysis Indicators

CNX Resources Corp stock analysis indicators help investors evaluate how CNX Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading CNX Resources shares will generate the highest return on investment. By understating and applying CNX Resources stock analysis, traders can identify CNX Resources position entry and exit signals to maximize returns.
Begin Period Cash Flow21599000.00
Logo U R LimglogosUScnx.png
Common Stock Shares Outstanding215971381.00
Total Stockholder Equity3700273000.00
DescriptionCNX 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
Total Cashflows From Investing Activities-420610000.00
Tax Provision-137870000.00
Quarterly Earnings Growth Y O Y2.334
Property Plant And Equipment Net7045505000.00
Retained Earnings877894000.00
Cash And Short Term Investments3565000.00
Retained Earnings Total Equity877894000.00
Cash3565000.00
CodeCNX
Accounts Payable121751000.00
Net Debt2210556000.00
50 Day M A17.25
Total Current Liabilities954576000.00
Currency CodeUSD
Other Operating Expenses1234874000.00
Non Current Assets Total7640944000.00
Common Stock Total Equity2039000.00
Non Currrent Assets Other56588000.00
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Is CNX Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNX Resources. If investors know CNX Resources will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNX Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.33
Market Capitalization
3.1 B
Quarterly Revenue Growth YOY
0.88
Return On Assets
(0.0306) 
Return On Equity
(0.27) 
The market value of CNX Resources Corp is measured differently than its book value, which is the value of CNX Resources that is recorded on the company's balance sheet. Investors also form their own opinion of CNX Resources' value that differs from its market value or its book value, called intrinsic value, which is CNX Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNX Resources' market value can be influenced by many factors that don't directly affect CNX Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNX Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine CNX Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNX Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.