Cnx Resources Intrinsic Value Calculator – CNX Resources Upgraded to Stronger Relative Strength Rating, But Still Below Benchmark
July 5, 2023
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CNX ($NYSE:CNX) Resources is a company that has operations in the Marcellus Shale and Utica Shale regions. On Friday, the stock received an upgrade in its Relative Strength Rating, increasing from 64 to 72. This rating is an indicator of how well a stock is performing relative to the market. Investors often use the Relative Strength Rating as an important metric to consider when searching for stocks to buy and watch. The higher a stock’s rating, the better it is performing compared to the rest of the market.
However, CNX Resources‘ rating is still lower than the benchmark, suggesting that it may not be the best investment option at this time. It is important for investors to monitor a stock’s relative strength over time, as changes can be an indication of how the stock is performing. In this case, CNX Resources’ upgrade shows that it has been performing better than it had previously. Therefore, investors should continue to watch closely for any further changes in its relative price strength.
Share Price
On Friday, CNX RESOURCES stock opened at $17.9 and closed at $17.7, down by 0.5% from previous closing price of 17.8. This prompted an upgrade in its relative strength rating (RSR) to “Stronger” from the previous rating of “Weaker”. Even with the upgrade, however, CNX RESOURCES’ RSR is still below the benchmark. Investors should be aware of the company’s underperformance when deciding whether to invest in the stock. Live Quote…
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 |
| 3.63k | 1.49k | 45.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cnx Resources. More…
| Operations | Investing | Financing |
| 1.15k | -584.91 | -568.22 |
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 |
| 8.34k | 4.77k | 21.24 |
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 |
| 38.2% | 201.1% | 57.9% |
| FCF Margin | ROE | ROA |
| 14.7% | 40.3% | 15.7% |
Analysis – Cnx Resources Intrinsic Value Calculator
At GoodWhale, we have completed an analysis of CNX RESOURCES‘ wellbeing. According to our proprietary Valuation Line, CNX RESOURCES’ intrinsic value is around $29.9. This means that the stock is currently being traded at $17.7, which is 40.8% undervalued. This presents a significant value-buying opportunity for those looking to invest in CNX RESOURCES. More…
Peers
The competition between CNX Resources Corp and its competitors is fierce. All of the companies are vying for the same market share, and each is trying to outdo the other in terms of product quality and customer service.
However, CNX Resources Corp has an edge over its competitors because it has a strong brand presence and a loyal customer base.
– HighPeak Energy Inc ($NASDAQ:HPK)
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
CNX Resources has been showing signs of improvement in its relative strength rating, increasing from 64 to 72. This makes the company a potential stock to watch for investors. Despite this, CNX Resources is still shy of the benchmark rating of its peers in the market. As such, investors should continue to monitor this stock and its performance before making an informed decision.
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