Home Sectors Energy Present Change: CNX Resources Corporation (NYSE: CNX)

Present Change: CNX Resources Corporation (NYSE: CNX)


CNX Resources Corporation is part of the energy sector and is part of the oil and gas exploration and production industry. The company CEO is Nicholas J. DeIuliis. CNX Resources Corp is a Pittsburgh-based energy producer. The company is engaged in natural gas exploration, development and production with operations centered in the major shale formations of the Appalachian basin.

Previous Intraday Trading Performance:

The CNX stock showed a previous change of 3.39% with an open at 8.06 and a close of 8.24. It reached an intraday high of 8.24 and a low of 7.97.

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The stock has a market cap of $1.6b with 195.5m shares outstanding, of which the float is 191.6m shares. Trading volume reached 3,811,562 shares compared to its average volume of 4,703,397 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, CNX Resources Corporation shares returned 9.28% and in the past 30 trading days it returned -21.60%. Over three months, it changed -25.09%. In one year it has changed -48.79% and within that year its 52-week high was 18.37 and its 52-week low was 7.26. CNX stock is 13.58% above its 52 Week Low.

Our calculations show a 200 day moving average of 12.26 and a 50 day moving average of 9.48. Currently CNX stock is trading -32.77% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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The last annual fiscal EPS for the company was reported at 3.66 that ended on 31st of December 2018, which according to the previous close, that is a PE of 2.25. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.27. The TTM EPS is 1.45, which comes to a TTM PE of 5.68.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): -0.44
4thQtr of 2018 (Reported on 01/31/2019): 0.50
3rdQtr of 2018 (Reported on 10/30/2018): 0.59
2ndQtr of 2018 (Reported on 08/02/2018): 0.19
1stQtr of 2018 (Reported on 05/03/2018): 2.35

Indicators to Watch:

Short-interest was 16,959,440, which was 8.68% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.62. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.74.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 4.44%, return on assets is 2.25%, profit margin is 15.79%, price-to-sales is 0.89 and price-to-book is 0.37.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 2  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.