28-Mar-2024
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CONSOL Energy Issues Notice on Francis Scott Key Bridge Collapse in Baltimore, MD
PRNewswire (Tue, 26-Mar 1:28 PM ET)
CNX Announces Operational and Guidance Update
PRNewswire (Tue, 12-Mar 6:45 AM ET)
Chemstream Inc. Announces Full Compliance with Historic Radical Transparency Initiative
PRNewswire (Tue, 27-Feb 12:16 PM ET)
CNX Resources Corporation Announces Closing of $400 Million Senior Notes Offering
PRNewswire (Fri, 23-Feb 4:15 PM ET)
PRNewswire (Wed, 21-Feb 6:45 AM ET)
PRNewswire (Mon, 19-Feb 4:15 PM ET)
PRNewswire (Fri, 16-Feb 4:15 PM ET)
CNX Resources Corporation Announces Pricing of $400 Million of Senior Notes
PRNewswire (Mon, 12-Feb 6:01 PM ET)
CNX Resources Corporation Announces Tender Offer for its 7.250% Senior Notes due 2027
PRNewswire (Mon, 12-Feb 7:26 AM ET)
CNX Resources Corporation Announces Private Offering of $400 Million of Senior Notes
PRNewswire (Mon, 12-Feb 7:24 AM ET)
CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
CNX Resources trades on the NYSE stock market under the symbol CNX.
As of March 28, 2024, CNX stock price was flat at $23.72 with 2,434,460 million shares trading.
CNX has a beta of 0.65, meaning it tends to be less sensitive to market movements. CNX has a correlation of 0.09 to the broad based SPY ETF.
CNX has a market cap of $3.63 billion. This is considered a Mid Cap stock.
Last quarter CNX Resources reported $376 million in Revenue and $.67 earnings per share. This fell short of revenue expectation by $-24 million and exceeded earnings estimates by $.38.
In the last 3 years, CNX stock traded as high as $24.21 and as low as $10.41.
The top ETF exchange traded funds that CNX belongs to (by Net Assets): XOP, IJH, VTI, IWM, VB.
CNX has outperformed the market in the last year with a price return of +49.5% while the SPY ETF gained +33.6%. CNX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.6% and +9.3%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
CNX support price is $23.31 and resistance is $24.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNX stock will trade within this expected range on the day.