Media stories about CNX Resources (NYSE:CNX) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CNX Resources earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the oil and gas producer an impact score of 47.5745055330345 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Are CNX Resources Corporation (CNX) and Plains All American Pipeline, LP (PAA) Knocking out the Competition? (nmsunews.com)
- Fading In Success? Intercontinental Exchange, Inc. (ICE), CNX Resources Corporation (CNX) (nmsunews.com)
- BRIEF-Greenlight Capital Inc Cuts Share Stake In Apple, CNX Resources (reuters.com)
- CNX Resources (CNX) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Exxon Mobil marks $4.7B in earnings (newsandsentinel.com)
Shares of NYSE CNX opened at $16.34 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.44. CNX Resources has a one year low of $11.29 and a one year high of $18.08. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of -102.13 and a beta of 1.26.
CNX Resources (NYSE:CNX) last issued its earnings results on Thursday, May 3rd. The oil and gas producer reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.07. CNX Resources had a return on equity of 1.36% and a net margin of 37.74%. The firm had revenue of $496.00 million for the quarter, compared to the consensus estimate of $408.68 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The business’s quarterly revenue was up 55.0% compared to the same quarter last year. equities research analysts anticipate that CNX Resources will post 0.73 EPS for the current fiscal year.
CNX has been the topic of a number of research analyst reports. ValuEngine downgraded CNX Resources from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Tudor Pickering upgraded CNX Resources from a “hold” rating to a “buy” rating in a research note on Tuesday, February 27th. Zacks Investment Research upgraded CNX Resources from a “sell” rating to a “hold” rating in a research note on Monday, March 12th. Finally, Robert W. Baird boosted their target price on CNX Resources from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, January 29th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. CNX Resources currently has a consensus rating of “Hold” and an average target price of $22.90.
About CNX Resources
CNX Resources Corporation, an independent oil and natural gas company, explores for, develops, and produces natural gas in the Appalachian Basin. As of December 31, 2017, it had 7.6 trillion cubic feet equivalent of proved natural gas reserves. The company also owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale in Pennsylvania and West Virginia.
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