CNX Resources (NYSE:CNX – Get Free Report) is one of 1,051 publicly-traded companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its peers? We will compare CNX Resources to similar companies based on the strength of its valuation, earnings, risk, dividends, analyst recommendations, institutional ownership and profitability.
Valuation and Earnings
This table compares CNX Resources and its peers gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| CNX Resources | $2.24 billion | $633.16 million | 6.26 |
| CNX Resources Competitors | $14.85 billion | $5.51 billion | -1.07 |
CNX Resources’ peers have higher revenue and earnings than CNX Resources. CNX Resources is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
95.2% of CNX Resources shares are owned by institutional investors. Comparatively, 30.7% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by institutional investors. 5.0% of CNX Resources shares are owned by insiders. Comparatively, 15.5% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Risk & Volatility
CNX Resources has a beta of 0.61, meaning that its share price is 39% less volatile than the S&P 500. Comparatively, CNX Resources’ peers have a beta of -3.76, meaning that their average share price is 476% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings and target prices for CNX Resources and its peers, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| CNX Resources | 3 | 8 | 1 | 0 | 1.83 |
| CNX Resources Competitors | 5992 | 27027 | 40901 | 2431 | 2.52 |
CNX Resources currently has a consensus price target of $34.88, indicating a potential downside of 5.63%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 28.12%. Given CNX Resources’ peers stronger consensus rating and higher possible upside, analysts plainly believe CNX Resources has less favorable growth aspects than its peers.
Profitability
This table compares CNX Resources and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| CNX Resources | 35.16% | 10.13% | 5.17% |
| CNX Resources Competitors | -455.74% | 19.71% | 6.77% |
Summary
CNX Resources peers beat CNX Resources on 9 of the 13 factors compared.
About CNX Resources
CNX Resources Corporation is an independent natural gas company headquartered in Canonsburg, Pennsylvania. It explores for, develops and produces natural gas, primarily from shale formations in the Appalachian Basin, including the Marcellus and Utica. The company’s operations are concentrated in Pennsylvania, West Virginia and Ohio. Its natural gas is supplied to markets that serve residential, commercial and industrial customers, as well as electric power generation. CNX traces its roots to the coal industry and the Consolidation Coal Company, founded in the 19th century.
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