Cnx Resources Corp Stock Shares Outstanding
CNX Stock | USD 33.94 0.09 0.26% |
CNX Resources Corp fundamentals help investors to digest information that contributes to CNX Resources' financial success or failures. It also enables traders to predict the movement of CNX Stock. The fundamental analysis module provides a way to measure CNX Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CNX Resources stock.
Common Stock Shares Outstanding is likely to rise to about 216.7 M in 2024. CNX | Shares Outstanding |
CNX Resources Corp Company Shares Outstanding Analysis
CNX Resources' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current CNX Resources Shares Outstanding | 149.27 M |
Most of CNX Resources' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CNX Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CNX Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for CNX Resources is extremely important. It helps to project a fair market value of CNX Stock properly, considering its historical fundamentals such as Shares Outstanding. Since CNX Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CNX Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CNX Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
CNX Shares Outstanding Historical Pattern
Today, most investors in CNX Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CNX Resources' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CNX Resources shares outstanding as a starting point in their analysis.
CNX Resources Shares Outstanding |
Timeline |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition |
CNX Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
Based on the latest financial disclosure, CNX Resources Corp has 149.27 M of shares currently outstending. This is 91.77% lower than that of the Oil, Gas & Consumable Fuels sector and 82.26% lower than that of the Energy industry. The shares outstanding for all United States stocks is 73.9% higher than that of the company.
CNX Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CNX Resources' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CNX Resources could also be used in its relative valuation, which is a method of valuing CNX Resources by comparing valuation metrics of similar companies.CNX Resources is currently under evaluation in shares outstanding category among its peers.
CNX Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of CNX Resources from analyzing CNX Resources' financial statements. These drivers represent accounts that assess CNX Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CNX Resources' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.7B | 2.2B | 3.0B | 3.2B | 3.7B | 5.4B | |
Enterprise Value | 4.6B | 4.7B | 5.2B | 5.6B | 5.0B | 5.4B |
CNX Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CNX Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CNX Resources' managers, analysts, and investors.Environmental | Governance | Social |
CNX Fundamentals
Return On Equity | 0.14 | ||||
Return On Asset | 0.0633 | ||||
Profit Margin | 0.41 % | ||||
Operating Margin | 0.31 % | ||||
Current Valuation | 7.48 B | ||||
Shares Outstanding | 149.27 M | ||||
Shares Owned By Insiders | 4.35 % | ||||
Shares Owned By Institutions | 95.65 % | ||||
Number Of Shares Shorted | 30.01 M | ||||
Price To Earning | 4.38 X | ||||
Price To Book | 1.19 X | ||||
Price To Sales | 3.83 X | ||||
Revenue | 1.5 B | ||||
Gross Profit | 3.26 B | ||||
EBITDA | 744.77 M | ||||
Net Income | 1.72 B | ||||
Cash And Equivalents | 21.32 M | ||||
Cash Per Share | 0.04 X | ||||
Total Debt | 2.37 B | ||||
Debt To Equity | 0.95 % | ||||
Current Ratio | 0.30 X | ||||
Book Value Per Share | 28.52 X | ||||
Cash Flow From Operations | 814.59 M | ||||
Short Ratio | 11.24 X | ||||
Earnings Per Share | 3.07 X | ||||
Price To Earnings To Growth | 0.96 X | ||||
Target Price | 29.73 | ||||
Number Of Employees | 470 | ||||
Beta | 1.39 | ||||
Market Capitalization | 5.24 B | ||||
Total Asset | 8.63 B | ||||
Retained Earnings | 1.98 B | ||||
Working Capital | (401.21 M) | ||||
Current Asset | 804.76 M | ||||
Current Liabilities | 1.68 B | ||||
Net Asset | 8.63 B |
About CNX Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CNX Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CNX Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CNX Resources Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.TLN | Talen Energy | |
TMUS | T Mobile | |
BABA | Alibaba Group Holding |
Additional Tools for CNX Stock Analysis
When running CNX Resources' price analysis, check to measure CNX Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNX Resources is operating at the current time. Most of CNX Resources' value examination focuses on studying past and present price action to predict the probability of CNX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNX Resources' price. Additionally, you may evaluate how the addition of CNX Resources to your portfolios can decrease your overall portfolio volatility.