CNX Resources Corp (CNX) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

CNX Resources Corp (CNX) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. CNX Resources Corp is a Pittsburgh-based energy producer. The company is engaged in natural gas exploration, development and production with operations centered in the major shale formations of the Appalachian basin. CNX Resources Corp has a market cap of $2.65 billion; its shares were traded at around $11.83 with a P/E ratio of 7.37 and P/S ratio of 1.04.


For the last quarter CNX Resources Corp reported a revenue of $460.3 million, compared with the revenue of $462.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.4 billion, a decrease of 31.6% from the previous year. For the last five years CNX Resources Corp had an average revenue decline of 17% a year.

The reported diluted earnings per share was $1.65 for the year. The CNX Resources Corp had a decent operating margin of 17.01%, compared with the operating margin of -16.51% a year before. The 10-year historical median operating margin of CNX Resources Corp is 14.21%. The profitability rank of the company is 5 (out of 10).

At the current stock price of $11.83, CNX Resources Corp is traded at 36.8% discount to its historical median P/S valuation band of $18.72. The P/S ratio of the stock is 1.04, while the historical median P/S ratio is 1.60. The stock lost 11.14% during the past 12 months.

For the complete 20-year historical financial data of CNX, click here.

This article first appeared on GuruFocus.


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