Cnx Resources Intrinsic Stock Value – Cove Street Capital LLC Boosts Stake in CNX Resources Co. by 3.1% in Q1
August 10, 2023
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CNX ($NYSE:CNX) Resources Co., formerly known as CONSOL Energy Inc., is an American energy company that has been involved in oil and natural gas production, coal mining, and power generation. It is a publicly traded company that is listed on the NYSE. This increase in stake can be attributed to the positive outlook of CNX Resources Co.’s energy business. The company has been able to leverage their low-cost drilling capabilities and operational efficiency to increase their production and remain competitive in the market.
This has resulted in increased investor confidence in the company, leading to an increase in their share prices. This has further reinforced the confidence investors have in the company and its energy business, providing a strong foundation for future growth.
Analysis – Cnx Resources Intrinsic Stock Value
GoodWhale has conducted an analysis of CNX RESOURCES‘ wellbeing. Our proprietary Valuation Line has given us an intrinsic value of CNX RESOURCES’ share at around $24.1. However, the stock is currently trading at $21.1, making it a fair price that is slightly undervalued by 12.4%. We recommend that investors take advantage of this opportunity to buy CNX RESOURCES and benefit from its undervalued share. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cnx Resources. More…
| Total Revenues | Net Income | Net Margin |
| 2.85k | 1.93k | 38.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cnx Resources. More…
| Operations | Investing | Financing |
| 1.15k | -519.04 | -612.55 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cnx Resources. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.53k | 4.55k | 24.06 |
Key Ratios Snapshot
Some of the financial key ratios for Cnx Resources are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 33.3% | 116.5% | 94.6% |
| FCF Margin | ROE | ROA |
| 16.9% | 44.6% | 19.7% |
Peers
The competition between CNX Resources Corp and its competitors is fierce. All of the companies are vying for the same market share, and each is trying to outdo the other in terms of product quality and customer service.
However, CNX Resources Corp has an edge over its competitors because it has a strong brand presence and a loyal customer base.
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HighPeak Energy Inc is a Canadian oil and gas company with a market cap of 2.44B as of 2022. The company has a Return on Equity of 14.7%. HighPeak Energy is engaged in the exploration, development and production of oil and natural gas in the Western Canadian Sedimentary Basin.
– Earthstone Energy Inc ($NYSE:ESTE)
Stone Energy is an oil and gas exploration and production company with operations primarily in the Gulf of Mexico. The company was founded in 1993 and is headquartered in Lafayette, Louisiana.
As of 2022, Stone Energy has a market capitalization of 1.6 billion dollars and a return on equity of 18.64%. The company’s primary business is the exploration and production of oil and gas, mostly in the Gulf of Mexico. Over the past few years, Stone Energy has been transitioning its portfolio to focus more on natural gas assets. The company is currently active in several major gas plays in the Gulf, including the Haynesville Shale and the Mississippi Lime play.
– Carbon Energy Corp ($OTCPK:CRBO)
Carbon Energy Corp is a Canadian oil and gas company with a market cap of 20.76k as of 2022. The company has a Return on Equity of -36.04%. Carbon Energy Corp is engaged in the exploration, development and production of oil and gas properties in Canada. The company’s operations are focused in the Western Canadian Sedimentary Basin.
Summary
Investors interested in analyzing the company may want to take into consideration its financial performance, management team, and competitive landscape. Additionally, they should research trends and developments in the industry, analyze the company’s financial statements, and review potential risks and opportunities. Analyzing these factors can provide investors with valuable insights to support their investment decision.
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