Momentum Is Strong For CNX Resources Corp (NYSE: CNX)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Oil & Gas E&P industry segment, falling under the Energy sector. The current market capitalization of CNX Resources Corp is $4.60B. A total of 3.25 million shares were traded on the day, compared to an average of 2.71M shares.

In the most recent transaction, MFN Partners, LP sold 1,075,000 shares of CNX for 31.09 per share on Jan 06 ’25. After the transaction, the 10% Owner now owns 13,925,000 company shares. In a previous transaction on Sep 09 ’24, LANIGAN BERNARD JR bought 75,000 shares at 26.81 per share. CNX shares that Director owns now total 401,820.

Among the insiders who bought shares, LANIGAN BERNARD JR acquired of 75,000 shares on Aug 20 ’24 at a per-share price of $26.74. This resulted in the Director holding 326,820 shares of CNX after the transaction. In another insider transaction, Bedard Timothy Scott bought 1,226 shares at $20.50 per share on Feb 23 ’24. Company shares held by the EVP and General Counsel now total 1,226.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CNX has a high of $41.93 and a low of $19.07.

As of this writing, CNX has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of $0.7 per share and a lower estimate of $0.33.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CNX’s latest balance sheet shows that the firm has $3.56M in Cash & Short Term Investments as of fiscal 2021. There were $2.27B in debt and $954.58M in liabilities at the time. Its Book Value Per Share was $28.52, while its Total Shareholder’s Equity was $3.70B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CNX is Buy with a score of 1.85.

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