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General information

Country: UNITED STATES

Sector: Oil and Gas E and P

CNX Resources Corporation, an independent oil and gas company, explores for, develops, and produces natural gas properties primarily in the Appalachian Basin. The company operates through two divisions, Exploration and Production (E&P), and Midstream. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 519,000 net Marcellus Shale acres; and 608,000 net acres of Utica Shale, as well as rights to extract natural gas from other shale and shallow oil and gas positions from approximately 981,700 in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. It also owns rights to extract coalbed methane (CBM) in Virginia from approximately 308,000 net CBM acres, as well as 2,122,000 net CBM acres in West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. The Midstream division owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. The company 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...
  • Current market environment: positive. Prices of production are 48.4% higher compared to the last 12 months (LTM)
  • Prices of production are at 20% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield 3.7% (LTM), projected 9.7%
  • Share price is 164.1% higher than minimum and 11.6% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (14.4x vs
    )
  • The company is undervalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: CNX
Share price, USD:  (-1.0%)36.315
year average price 27.12  


year start price 20.26 2023-12-28

min close price 19.23 2024-02-14

max close price 41.09 2024-11-22

current price 36.32 2024-12-26
Common stocks: 228 670 448

Dividend Yield:  0.0%
FCF Yield LTM / expected: 3.7% / 9.7%
EV / LTM EBITDA: 14.4x
EV / EBITDA annualized: 12.1x
Production prices change from LTM: 48.4%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 8 304
Net Debt ($m): 2 582
EV (Enterprise Value): 10 886
EBITDA LTM ($m): 755
EV / LTM EBITDA: 14.4x
Price to Book: 1.7x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2024-12-05prnewswire.com

CNX Announces Strategic Bolt-On Acquisition

2024-10-17zacks.com

CNX Resources Corporation. (CNX) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

2024-10-15zacks.com

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

2024-10-04gurufocus.com

Neuberger Berman Group LLC's Strategic Acquisition in CNX Resources Corp

2024-10-03prnewswire.com

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

2024-09-23zacks.com

CNX Resources (CNX) Moves 6.1% Higher: Will This Strength Last?

2024-08-14prnewswire.com

Initial Results From First-of-its-Kind Public-Private Data Monitoring and Disclosure Collaboration Demonstrating that CNX Natural Gas Development is Safe and Poses No Public Health Risks

2024-07-27seekingalpha.com

CNX Resources: Low Natural Gas Prices Still Dragging On Results, No Near-Term Catalyst

2024-07-25zacks.com

Q2 2024 U.S. GDP Jumps

2024-07-17zacks.com

Will CNX Resources (CNX) Beat Estimates Again in Its Next Earnings Report?
More information for subscribed users:
detailed calculation of Potential,
commodities and currency affecting the company