Cnx Resources Stock Fair Value Calculation – Analysts Agree to ‘Hold’ on Shares of CNX Resources Co.
June 1, 2023
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CNX ($NYSE:CNX) Resources Co. is a publicly traded energy company with interests in natural gas production, midstream operations, and coal mining. The company’s shares are widely followed by analysts, with ten research firms covering the stock. Recently, the consensus recommendation from these analysts was to “Hold” on the stock. The “Hold” recommendation indicates that the analysts do not advise buying or selling CNX Resources Co. shares at this time, as there is no clear consensus on potential upside or downside for the shares.
Moreover, any potential gains or losses could be offset by other risks and uncertainties in the energy sector. At present, the analysts believe that holding onto CNX Resources Co. shares offers a relatively low risk option for investors.
Stock Price
Analysts have largely agreed to ‘hold’ on CNX Resources Co. stock after Tuesday’s trading session. The stock opened at $15.2 and closed at $15.3, a dip of 1.3% from the previous closing price of $15.5. While the stock may have taken a minor hit, analysts remain optimistic about its future performance and believe that it holds potential for long-term growth. Nevertheless, analysts are still urging investors to take caution and evaluate the stock carefully before making any investment decisions. 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 Stock Fair Value Calculation
At GoodWhale, we pride ourselves in providing quality analysis of companies’ wellbeing. Today, we bring you our analysis of CNX RESOURCES. Our proprietary Valuation Line has determined that the fair value of CNX RESOURCES share should be around $30.4. However, currently the stock is trading at $15.3, undervalued by 49.7%. This presents a great opportunity for investors to capitalize on this extreme undervaluation. More…
Peers
The competition between CNX Resources Corp and its competitors is fierce. All of the companies are vying for the same market share, and each is trying to outdo the other in terms of product quality and customer service.
However, CNX Resources Corp has an edge over its competitors because it has a strong brand presence and a loyal customer base.
– HighPeak Energy Inc ($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
Investor sentiment regarding CNX Resources Co. is generally neutral, with a consensus recommendation of “Hold” from the ten research firms that have assessed the stock. Analysts have noted that the company has had moderate-to-low volatility relative to the broader market, as well as a relatively stable dividend yield and long-term growth potential. However, analysts also note that the stock could be undervalued and may be a good buy for those looking for a more conservative investment. Overall, investors should consider carefully assessing the current market conditions, macroeconomic indicators, and company fundamentals before investing in CNX Resources Co.
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