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1 Comment
CNX Resources Corporation is currently in a long term uptrend where the price is trading 9.2% above its 200 day moving average.
From a valuation standpoint, the stock is 96.6% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.9.
CNX Resources Corporation's total revenue sank by 14.7% to $315M since the same quarter in the previous year.
Its net income has increased by 172.1% to $196M since the same quarter in the previous year.
Finally, its free cash flow grew by 160.4% to $69M since the same quarter in the previous year.
Based on the above factors, CNX Resources Corporation gets an overall score of 4/5.
ISIN | US12653C1080 |
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Sector | Energy |
Industry | Oil & Gas E&P |
Exchange | F |
CurrencyCode | EUR |
Beta | None |
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Market Cap | 4B |
Target Price | 17.5 |
PE Ratio | None |
CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale properties in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas formations in Illinois, Indiana, New York, and Virginia. It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,700 miles of natural gas gathering pipelines, as well as various natural gas processing facilities. It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.
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