CNX Resources Corp
CNX Resources Corporation is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. The company deploys an organic growth strategy focused on responsibly developing its resource base. As of December 31, 2019, CNX had 8.4 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index.
CNX's revenue grew at a 2.6% CAGR over the last 6 years.
Current Price
$38.31
+1.14%GoodMoat Value
$95.60
149.5% undervaluedCNX Resources Corp (CNX) Stock Analysis
CNX Financial Charts
FCF vs CAPEX
Cash vs Debt
Net Debt: 2.6B
Revenue
1.9B
FY19
1.3B
FY20
757M
FY21
1.3B
FY22
3.4B
FY23
1.3B
FY24
2.2B
FY25
Net Income
—
FY19
—
FY20
—
FY21
—
FY22
1.7B
FY23
—
FY24
633M
FY25
CNX 52-Week Range
CNX's revenue grew at a 2.6% CAGR over the last 6 years.
CNX Resources Corp (CNX) Financial Summary
CNX Resources Corp (CNX) is a Energy company in the Oil & Gas E&P industry, listed on NYSE. The stock currently trades at $38.31 with a market capitalization of $5.45B.
Key valuation metrics include a P/E ratio of 4.63, price-to-book ratio of 1.26, and EPS of $3.98. The company reports a profit margin of 40.1% and return on equity of 27.2%.
CNX Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $5.45B |
| P/E Ratio | 4.63 |
| EPS | $3.98 |
| P/B Ratio | 1.26 |
| P/S Ratio | 1.85 |
| EV/EBITDA | 3.54 |
| Profit Margin | 40.1% |
| Return on Equity | 27.2% |
| Debt/Equity | 0.60 |
CNX Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $1.92B | $-80.73M |
| FY20 | $1.26B | $-483.77M |
| FY21 | $756.79M | $-498.64M |
| FY22 | $1.26B | $-142.08M |
| FY23 | $3.43B | $1.72B |
| FY24 | $1.27B | $-90.49M |
| FY25 | $2.24B | $633.16M |
CNX Resources Corp (CNX) Valuation
Based on GoodMoat's DCF model, CNX Resources Corp has a fair value estimate of $95.60. At the current price of $38.31, the stock appears 59.9% undervalued relative to our intrinsic value estimate.
CNX Quality Indicators
CNX Resources Corp maintains a profit margin of 40.1% and an operating margin of 39.2%. Return on equity stands at 27.2%. The current ratio is 0.44. Debt-to-equity ratio is 0.60.
About CNX Resources Corp
CNX Resources Corporation is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. The company deploys an organic growth strategy focused on responsibly developing its resource base. As of December 31, 2019, CNX had 8.4 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index.
CNX Free Cash Flow
CNX Resources Corp generated $533.97M in trailing twelve-month free cash flow, representing an FCF yield of 9.79%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
CNX Shares Outstanding
CNX Resources Corp has 0.14 billion shares outstanding at a share price of $38.31, giving it a market capitalization of $5.45B.