cnx resources corporation (nyse: cnx) is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the appalachian basin. with the benefit of a more than 150-year legacy and a substantial asset base amassed over many generations, the company deploys an organic growth strategy focused on responsibly developing its resources in order to create long term value for its shareholders, employees and the communities where it operates. as of december 31, 2016, cnx had 6.3 trillion cubic feet equivalent of proved natural gas reserves. the company is a member of the standard & poor's midcap 400 index.
Company profile
Ticker
CNX
Exchange
Website
CEO
Nicholas DeIuliis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CONSOL ENERGY INC, CONSOL Energy Inc
SEC CIK
Corporate docs
Subsidiaries
Buchanan Generation, LLC • Cardinal States Gathering Company • CSG Holdings I LLC • CSG Holdings II LLC • CSG Holdings III LLC • CNX Gas Company LLC • CNX Gas Holdings, Inc. • CNX Gas LLC • CNX Green Ventures LLC • CNX Land LLC ...
IRS number
510337383
CNX stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
21 Mar 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
8-K
CNX Resources Corporation Announces Closing of $400 Million Senior Notes Offering
23 Feb 24
8-K
CNX Resources Corporation Announces Final Results and Expiration of Tender Offer for its 7.250% Senior Notes due 2027
20 Feb 24
8-K
CNX Resources Corporation Announces Pricing Terms of Cash Tender Offer for its 7.250% Senior Notes due 2027
16 Feb 24
8-K
CNX Resources Corporation Announces Pricing of $400 Million of Senior Notes
14 Feb 24
8-K
CNX Resources Corporation Announces Private Offering of $400 Million of Senior Notes
12 Feb 24
10-K
2023 FY
Annual report
8 Feb 24
Transcripts
CNX
Earnings call transcript
2023 Q4
25 Jan 24
CNX
Earnings call transcript
2023 Q3
25 Oct 23
CNX
Earnings call transcript
2023 Q2
27 Jul 23
CNX
Earnings call transcript
2023 Q2
27 Jul 23
CNX
Earnings call transcript
2023 Q1
27 Apr 23
CNX
Earnings call transcript
2022 Q4
26 Jan 23
CNX
Earnings call transcript
2022 Q3
27 Oct 22
CNX
Earnings call transcript
2022 Q2
29 Jul 22
CNX
Earnings call transcript
2022 Q1
28 Apr 22
CNX
Earnings call transcript
2021 Q4
27 Jan 22
Latest ownership filings
4
N J DEIULIIS
21 Mar 24
SC 13G/A
VANGUARD GROUP INC
11 Mar 24
4
Timothy Scott Bedard
27 Feb 24
4
Timothy Scott Bedard
27 Feb 24
SC 13G/A
SOUTHEASTERN ASSET MANAGEMENT INC/TN/
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
4
Hayley Scott
2 Feb 24
4
Navneet Behl
2 Feb 24
4
Ravi Srivastava
2 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 8.65 mm | 8.65 mm | 8.65 mm | 8.65 mm | 8.65 mm | 8.65 mm |
Cash burn (monthly) | 4.70 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 27.99 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -19.33 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
2.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 48 |
Opened positions | 4 |
Closed positions | 278 |
Increased positions | 13 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 51.43 bn |
Total shares | 3.02 mm |
Total puts | 5.80 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Tributary Capital Management | 917.42 k | $18.35 bn |
Peregrine Capital Management | 352.36 k | $7.05 bn |
New York State Teachers Retirement System | 262.03 k | $5.24 mm |
Highlander Capital Management | 256.90 k | $5.14 bn |
Raymond James & Associates | 194.99 k | $3.90 bn |
International Assets Investment Management | 108.82 k | $5.44 mm |
Mutual Of America Capital Management | 98.62 k | $1.97 bn |
Mirae Asset Global Investments | 72.95 k | $1.46 bn |
SeaBridge Investment Advisors | 70.20 k | $1.40 bn |
Shilanski & Associates | 65.43 k | $1.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Mar 24 | N J Deiuliis | Common shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 21.58 | 490,828 | 10.59 mm | 2,353,416 |
19 Mar 24 | N J Deiuliis | Common shares, $0.01 par value per share | Option exercise | Acquire M | No | No | 6.87 | 795,563 | 5.47 mm | 2,844,244 |
19 Mar 24 | N J Deiuliis | Stock Option Common shares, $0.01 par value per share | Option exercise | Dispose M | No | No | 6.87 | 795,563 | 5.47 mm | 0 |
26 Feb 24 | Timothy Scott Bedard | Common shares, $0.01 par value per share | Sell | Dispose S | Yes | No | 20.83 | 1,226 | 25.54 k | 0 |
26 Feb 24 | Timothy Scott Bedard | Common shares, $0.01 par value per share | Sell | Dispose S | Yes | No | 20.83 | 1,226 | 25.54 k | 0 |
23 Feb 24 | Timothy Scott Bedard | Common shares, $0.01 par value per share | Buy | Acquire P | Yes | No | 20.5 | 1,226 | 25.13 k | 1,226 |
23 Feb 24 | Timothy Scott Bedard | Common shares, $0.01 par value per share | Buy | Acquire P | Yes | No | 20.5 | 1,226 | 25.13 k | 1,226 |
31 Jan 24 | Hayley Scott | Common shares, $0.01 par value per share | Payment of exercise | Dispose F | No | No | 20.2 | 3,412 | 68.92 k | 94,316 |
31 Jan 24 | Hayley Scott | Common shares, $0.01 par value per share | Grant | Acquire A | No | No | 0 | 1,247 | 0.00 | 97,728 |
31 Jan 24 | Hayley Scott | Common shares, $0.01 par value per share | Grant | Acquire A | No | No | 0 | 211 | 0.00 | 96,481 |
News
Assessing CNX Resources: Insights From 4 Financial Analysts
13 Mar 24
Truist Securities Maintains Buy on CNX Resources, Raises Price Target to $28
13 Mar 24
Piper Sandler Maintains Neutral on CNX Resources, Raises Price Target to $18
7 Mar 24
Mizuho Maintains Neutral on CNX Resources, Raises Price Target to $24
1 Mar 24
CNX Resources Q4 Adj. EPS $0.67 Beats $0.29 Estimate, Adj. Sales $376.00M Miss $400.13M Estimate
25 Jan 24
Press releases
CONSOL Energy Issues Notice on Francis Scott Key Bridge Collapse in Baltimore, MD
26 Mar 24
CNX Announces Operational and Guidance Update
12 Mar 24
Chemstream Inc. Announces Full Compliance with Historic Radical Transparency Initiative
27 Feb 24
CNX Resources Corporation Announces Closing of $400 Million Senior Notes Offering
23 Feb 24
Three Years Since Inception, CNX Foundation and Mentorship Academy Build on Success Addressing Region's Complex Societal Challenges
21 Feb 24