CNX - CNX Resources Corporation

NYSE - NYSE Delayed Price. Currency in USD
8.29
+0.07 (+0.85%)
At close: 4:02PM EDT
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Previous Close8.22
Open8.24
Bid0.00 x 3000
Ask0.00 x 800
Day's Range8.10 - 8.29
52 Week Range8.10 - 18.37
Volume5,452,384
Avg. Volume3,517,458
Market Cap1.62B
Beta (3Y Monthly)0.31
PE Ratio (TTM)9.44
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-02-02
1y Target EstN/A
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents10 hours ago

    Edited Transcript of CNX earnings conference call or presentation 30-Apr-19 2:00pm GMT

    Q1 2019 CNX Resources Corp Earnings Call

  • Introducing CNX Resources (NYSE:CNX), The Stock That Tanked 79%
    Simply Wall St.5 days ago

    Introducing CNX Resources (NYSE:CNX), The Stock That Tanked 79%

    We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits...

  • David Einhorn Buys Teekay LNG Partners, Boosts Energy Holdings in 1st Quarter
    GuruFocus.com5 days ago

    David Einhorn Buys Teekay LNG Partners, Boosts Energy Holdings in 1st Quarter

    Greenlight manager also exits Dillard's

  • ‘For the Love of God’ Stop Raising Budgets, Oil Drillers Told
    Bloomberg20 days ago

    ‘For the Love of God’ Stop Raising Budgets, Oil Drillers Told

    “We’re struggling to comprehend why, when buy side, sell side, talking heads, and taxi drivers are saying not to, companies press on with budget increases and accelerated growth plans,” Tudor Pickering analysts said in a note Wednesday. CNX shares dropped 14 percent Tuesday and declined another 4 percent the next day.

  • What CNX learned from the problems with the Shaw 1G well
    American City Business Journals20 days ago

    What CNX learned from the problems with the Shaw 1G well

    The well needed remediation — and the company took that opportunity to look at its entire operations.

  • CNX Resources Corporation (CNX) Q1 2019 Earnings Call Transcript
    Motley Fool21 days ago

    CNX Resources Corporation (CNX) Q1 2019 Earnings Call Transcript

    CNX earnings call for the period ending March 31, 2019.

  • Shares of CNX Resources Tank After Disappointing Earnings, Lower Guidance
    Motley Fool21 days ago

    Shares of CNX Resources Tank After Disappointing Earnings, Lower Guidance

    That's a double whammy that no investor wants to see.

  • CNX adding more drilling in 2019
    American City Business Journals21 days ago

    CNX adding more drilling in 2019

    CNX Resources Corp. is adding to its drilling program for the year beyond the minimum amount that it had announced in January — and the increase is mostly in the Utica Shale where CNX has significant interest. CNX (NYSE: CNX) had begun 2019 with a cut of between 5 percent and 10 percent to its annual capital spending plan to between $750 million and $800 million. The majority of the capital spending would be in drilling in the Marcellus and Utica shales.

  • CNX Resources (CNX) Q1 Earnings & Revenues Miss Estimates
    Zacks22 days ago

    CNX Resources (CNX) Q1 Earnings & Revenues Miss Estimates

    CNX Resources' (CNX) Q1 earnings and revenues miss estimates by 33.3% and 31.4%, respectively.

  • Is CNX Resources Corporation (CNX) A Good Stock To Buy ?
    Insider Monkey23 days ago

    Is CNX Resources Corporation (CNX) A Good Stock To Buy ?

    While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, declining oil prices and the trade war with China, many smart money investors kept their optimism regarding the current bull run in the fourth quarter, while still hedging many of their long positions. However, […]

  • Is a Beat in Store for CNX Resources' (CNX) Q1 Earnings?
    Zacks26 days ago

    Is a Beat in Store for CNX Resources' (CNX) Q1 Earnings?

    The expected improvement in gas prices is likely to drive CNX Resources' (CNX) Q1 earnings, slated to release on Apr 30.

  • Key Factors to Impact Williams Companies' (WMB) Q1 Earnings
    Zacks26 days ago

    Key Factors to Impact Williams Companies' (WMB) Q1 Earnings

    In Q1, The Williams Companies (WMB) is expected to gain from additional volumes from the expansion projects around its core Transco pipeline system.

  • CNX Resources (CNX) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks29 days ago

    CNX Resources (CNX) Reports Next Week: Wall Street Expects Earnings Growth

    CNX Resources (CNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Noble Energy's (NBL) Board Approves 9% Hike in Dividend
    Zacks29 days ago

    Noble Energy's (NBL) Board Approves 9% Hike in Dividend

    Noble Energy (NBL) increases annual dividend rate by 9%, which reflects a positive outcome of its development activities.

  • Will NextEra Energy Partners (NEP) Post a Beat in Q1 Earnings?
    Zackslast month

    Will NextEra Energy Partners (NEP) Post a Beat in Q1 Earnings?

    NextEra Energy Partners' (NEP) Q1 results to benefit from inorganic growth initiatives.

  • FedEx Stock Is a Strong Buy Under $200
    InvestorPlacelast month

    FedEx Stock Is a Strong Buy Under $200

    Just a year ago, FedEx (NYSE:FDX) stock was flying high, even reaching $270 per share at one point. Since then, however, FDX stock has been grounded. Economic concerns have investors fleeing FedEx and some other transportation stocks.However, not all transports have been hit equally. In fact, some of the rails, like Union Pacific (NYSE:UNP) and Canadian National Railway (NYSE:CNI) are making fresh 52-week highs. This sets up an interesting pair trade opportunity to sell the rails and buy the truck and air delivery service competitors.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut first, what has gone wrong for Fedex stock? Slowing Economic OutlookOver the past three quarters, FedEx has lowered its FY '19 guidance from a starting point of $17.50 into the $16s, and now, of the latest update, just $15.50. That's an 11% decline for this year's outlook in a relatively brief period of time. The guidance range for Q4 remains fairly wide as well, suggesting that management is not confident on how this quarter will turn out.The company blamed several factors for the dramatic slowdown in the earnings outlook. The most important of these appears to be international markets. Non-U.S. revenues failed to come in like FedEx had been expecting. Regardless, management is still upbeat for fiscal year 2020, which kicks off in June of this year. * 10 Stocks That Are Screaming Buys Right Now Some of this is hard to predict. The trade war, for example, has undoubtedly pressured FedEx's business. Many analysts still expect positive developments on this front within the next couple months. In fact, much of the recent stock market rally has been built on rumors that a China-U.S. deal is drawing near. However, FedEx's results could remain choppy for a bit until a more global economic upswing takes root. Big OverreactionThe crux of the matter here, however, is that the market has drastically overreacted. The company cut 2019 guidance by around 10% and the stock lost more than a third of its value. That's a highly disproportionate response to the news. That said, you can see why the market reacted this way. FedEx cut guidance each of the last two quarters, rather than delivering all the bad news at once, giving the impression that things are steadily worsening.Still, the overall magnitude of the drop shouldn't be exaggerated. On top of that, economic indicators should start picking up again. The Fed has pivoted from a strongly hawkish position back to neutral. Letting easier credit into the economy should help consumer confidence, and thus enable FedEx's business to pick up.It's also important to remember that FedEx has tremendous franchise value due to its powerful brand and entrenched infrastructural advantages. The value of the business doesn't swing 30% in a year simply because it delivers fewer packages. FDX stock is sharply overreacting to minor economic swings that most people will forget within a couple of years. Cheap Versus the RailsThe railroad stocks are looking rather expensive at the moment. Most of the sector is trading at or near new 52-week highs and sporting fairly lofty price-to-earnings ratios for a typically sedated sector. Canadian National Railway is at 21x trailing, 18x forward earnings, for example. Union Pacific is at 21x trailing and 17x forward earnings. CSX (NYSE:CSX) is at 20x and 16x, respectively. Against that backdrop, FDX stock really pops at 16x trailing and 12x forward earnings, and that's even after the stock rallied from $170 to $195 recently.It simply doesn't make a whole lot of sense intuitively that FedEx is doing so poorly while the rails are experiencing boom times. Sure, railroads tend to carry more commodity goods, whereas FedEx has more retail and consumer traffic. Still, though, as the economy goes, if consumers aren't buying as much stuff, the demand for raw commodities will drop as well. Transports tend to trade together as a sector; it's unlikely that FedEx stock can continue to drastically underperform the rails for long. * 7 Energy Stocks to Buy as Oil Booms Bears on FDX stock can make one counterargument to this line of reasoning. FedEx acquired TNT Express in 2016, which greatly enhanced its market presence in Europe. The European economy remains among the weakest of the major developed players in the world. You can argue that FedEx is unduly struggling due to its heightened European exposure. That said, the rails have exposure to other economies as well, particularly Canada and China, which are not so hot right now either. It hardly seems fair to blame FedEx's underperformance on non-U.S. exposure. FDX Stock VerdictI personally started buying FDX stock in January at $176 per share, and I've added to my position since then. While another correction to that level would set up an amazing opportunity to take a position in this global freight leader, the current price is still more than fair.FDX stock should trade at $250 or higher based on both comparable earnings of other transportation companies and where FDX stock traded last year. Yes, there was a brief recession scare late last year. But it's over now and the Fed has reopened the cheap money taps again. Don't miss your chance to get on-board with FDX stock before it makes a full recovery.At the time of this writing, Ian Bezek owned FDX stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post FedEx Stock Is a Strong Buy Under $200 appeared first on InvestorPlace.

  • You Might Like CNX Resources Corporation (NYSE:CNX) But Do You Like Its Debt?
    Simply Wall St.last month

    You Might Like CNX Resources Corporation (NYSE:CNX) But Do You Like Its Debt?

    While small-cap stocks, such as CNX Resources Corporation (NYSE:CNX) with its market cap of US$2.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive...

  • Ferrellgas Partners (FGP) Misses on Earnings & Revenues in Q2
    Zacks2 months ago

    Ferrellgas Partners (FGP) Misses on Earnings & Revenues in Q2

    Ferrellgas Partners' (FGP) fiscal second-quarter 2019 results were hurt by poor segmental performances.

  • Have Insiders Been Buying CNX Resources Corporation (NYSE:CNX) Shares?
    Simply Wall St.3 months ago

    Have Insiders Been Buying CNX Resources Corporation (NYSE:CNX) Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mentionRead More...

  • Investors telling gas producers to cut back, producers listening
    American City Business Journals3 months ago

    Investors telling gas producers to cut back, producers listening

    All the major Appalachian companies are spending less this year on drilling than in previous years, either by a little or a lot.

  • CNX Resources (CNX) Prices Senior Notes to Refinance Debts
    Zacks3 months ago

    CNX Resources (CNX) Prices Senior Notes to Refinance Debts

    CNX Resources' (CNX) plans to focus on Marcellus and Utica shales will help it to meet its updated production guidance for 2019.

  • Moody's3 months ago

    CNX Resources Corporation -- Moody's rates CNX's new notes B3

    Moody's Investors Service, ("Moody's") assigned B3 rating to CNX Resources Corporation's (CNX) proposed $500 million senior unsecured notes due 2027. The balance of the proceeds from the new notes offering will be used to repay existing indebtedness under CNX's revolving credit facility. CNX's existing ratings, including its B1 Corporate Family Rating (CFR) and Positive outlook are not affected by this action.

  • WPX Energy (WPX) Earnings and Revenues Miss Estimates in Q4
    Zacks3 months ago

    WPX Energy (WPX) Earnings and Revenues Miss Estimates in Q4

    Although WPX Energy's (WPX) fourth-quarter earnings and revenues miss estimates, it continues to increase U.S. oil production from Delaware and Williston Basin assets.

  • Energy Transfer's (ET) Lags Q4 Earnings & Revenue Estimates
    Zacks3 months ago

    Energy Transfer's (ET) Lags Q4 Earnings & Revenue Estimates

    Energy Transfer's (ET) earnings and revenues improve on a year-over-year basis in Q4 due to contribution from its strong portfolio of assets spread in different areas.