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CNX Resources Corp (CNX) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

CNX Resources Corp (CNX) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $1.98 billion; its shares were traded at around $9.97 with a P/E ratio of 2.28 and P/S ratio of 1.23. CNX Resources Corp had annual average EBITDA growth of 9.50% over the past five years.


For the last quarter CNX Resources Corp reported a revenue of $540.6 million, compared with the revenue of $-689.76 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.7 billion, an increase of 47% from last year. For the last five years CNX Resources Corp had an average revenue decline of 16.9% a year. The CNX Resources Corp enjoyed an operating margin of 31.86%, compared with the operating margin of 2.45% a year before. The 10-year historical median operating margin of CNX Resources Corp is 8.17%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, CNX Resources Corp has the cash and cash equivalents of $17.2 million, compared with $509.2 million in the previous year. The long term debt was $2.4 billion, compared with $2.2 billion in the previous year. The interest coverage to the debt is 3.8. CNX Resources Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $9.97, CNX Resources Corp is traded at 14.4% discount to its historical median P/S valuation band of $11.65. The P/S ratio of the stock is 1.23, while the historical median P/S ratio is 1.44. The stock lost 17.42% during the past 12 months.

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

This article first appeared on GuruFocus.