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 competitors? We will compare CNX Resources to similar companies based on the strength of its risk, analyst recommendations, institutional ownership, earnings, dividends, profitability and valuation.
Insider & Institutional Ownership
95.2% of CNX Resources shares are held by institutional investors. Comparatively, 30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 5.0% of CNX Resources shares are held by company insiders. Comparatively, 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Analyst Recommendations
This is a breakdown of current ratings for CNX Resources and its competitors, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| CNX Resources | 3 | 9 | 0 | 0 | 1.75 |
| CNX Resources Competitors | 5973 | 26967 | 40820 | 2413 | 2.52 |
CNX Resources currently has a consensus price target of $34.88, suggesting a potential downside of 1.39%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 28.88%. Given CNX Resources’ competitors stronger consensus rating and higher probable upside, analysts clearly believe CNX Resources has less favorable growth aspects than its competitors.
Profitability
This table compares CNX Resources and its competitors’ 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 | -469.71% | 19.37% | 6.42% |
Earnings and Valuation
This table compares CNX Resources and its competitors revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| CNX Resources | $2.24 billion | $633.16 million | 5.99 |
| CNX Resources Competitors | $11.60 billion | $5.51 billion | -0.39 |
CNX Resources’ competitors have higher revenue and earnings than CNX Resources. CNX Resources is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Risk and Volatility
CNX Resources has a beta of 0.61, indicating that its share price is 39% less volatile than the S&P 500. Comparatively, CNX Resources’ competitors have a beta of -3.76, indicating that their average share price is 476% less volatile than the S&P 500.
Summary
CNX Resources competitors beat CNX Resources on 9 of the 13 factors compared.
CNX Resources Company Profile
CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale properties in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas formations in Illinois, Indiana, New York, and Virginia. It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,600 miles of natural gas gathering pipelines, as well as various natural gas processing facilities. It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.
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