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CNX Resources

DB:CGD
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CGD
DB
$1B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

CNX Resources Corporation, an independent oil and gas company, explores for, develops, and produces natural gas properties primarily in the Appalachian Basin. The last earnings update was 57 days ago. More info.


Add to Portfolio Compare Print
  • CNX Resources has significant price volatility in the past 3 months.
CGD Share Price and Events
7 Day Returns
36.5%
DB:CGD
6.5%
DE Oil and Gas
2.1%
DE Market
1 Year Returns
-28.9%
DB:CGD
28.1%
DE Oil and Gas
-16.6%
DE Market
CGD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CNX Resources (CGD) 36.5% 61.9% -6.8% -28.9% -56.8% -74.6%
DE Oil and Gas 6.5% -7.3% -23.7% 28.1% -18.9% 149.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • CGD underperformed the Oil and Gas industry which returned 28.1% over the past year.
  • CGD underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
CGD
Industry
5yr Volatility vs Market

CGD Value

 Is CNX Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of CNX Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for CNX Resources.

DB:CGD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:CGD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.948 (1 + (1- 21%) (210.53%))
2.021
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:CGD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CNX Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:CGD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 172.00 Analyst x3 155.67
2021 207.67 Analyst x3 170.11
2022 191.00 Analyst x1 141.60
2023 180.49 Est @ -5.5% 121.10
2024 173.32 Est @ -3.97% 105.25
2025 168.30 Est @ -2.9% 92.50
2026 164.69 Est @ -2.14% 81.92
2027 162.03 Est @ -1.62% 72.95
2028 160.00 Est @ -1.25% 65.20
2029 158.41 Est @ -0.99% 58.42
Present value of next 10 years cash flows $1,064.00
DB:CGD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $158.41 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$1,450.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,450.34 ÷ (1 + 10.49%)10
$534.86
DB:CGD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,064.00 + $534.86
$1,598.86
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,598.86 / 187.04
$8.55
DB:CGD Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CGD represents 0.91031x of NYSE:CNX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.91031x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 8.55 x 0.91031
€7.78
Value per share (EUR) From above. €7.78
Current discount Discount to share price of €6.80
= -1 x (€6.80 - €7.78) / €7.78
12.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price CNX Resources is available for.
Intrinsic value
13%
Share price is €6.8 vs Future cash flow value of €7.78
Current Discount Checks
For CNX Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CNX Resources's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • CNX Resources's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CNX Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CNX Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CGD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.42
NYSE:CNX Share Price ** NYSE (2020-04-07) in USD $7.47
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.51x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CNX Resources.

DB:CGD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CNX Share Price ÷ EPS (both in USD)

= 7.47 ÷ -0.42

-17.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CNX Resources is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • CNX Resources is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does CNX Resources's expected growth come at a high price?
Raw Data
DB:CGD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -17.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
88.2%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CNX Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CNX Resources's assets?
Raw Data
DB:CGD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $22.29
NYSE:CNX Share Price * NYSE (2020-04-07) in USD $7.47
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:CGD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CNX Share Price ÷ Book Value per Share (both in USD)

= 7.47 ÷ 22.29

0.34x

* Primary Listing of CNX Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CNX Resources is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess CNX Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. CNX Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CGD Future Performance

 How is CNX Resources expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
88.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CNX Resources expected to grow at an attractive rate?
  • CNX Resources's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • CNX Resources's earnings growth is expected to exceed the Germany market average.
  • CNX Resources's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:CGD Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CGD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 88.2%
DB:CGD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts -0.1%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:CGD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CGD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 620
2023-12-31 547
2022-12-31 610 28
2021-12-31 1,540 650 48 3
2020-12-31 1,531 686 57 3
2020-04-07
DB:CGD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,544 981 -81
2019-09-30 1,714 1,062 293
2019-06-30 1,777 996 302
2019-03-31 1,770 935 182
2018-12-31 1,754 886 797
2018-09-30 1,549 857 981
2018-06-30 1,423 799 834
2018-03-31 1,324 696 914
2017-12-31 1,198 649 295
2017-09-30 340 558 -323
2017-06-30 585 539 -241
2017-03-31 748 546 -598

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CNX Resources's earnings are expected to grow significantly at over 20% yearly.
  • CNX Resources's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:CGD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from CNX Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CGD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.29 0.60 -0.05 3.00
2020-12-31 0.22 0.64 -0.17 3.00
2020-04-07
DB:CGD Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.42
2019-09-30 1.53
2019-06-30 1.51
2019-03-31 0.88
2018-12-31 3.75
2018-09-30 4.49
2018-06-30 3.73
2018-03-31 4.03
2017-12-31 1.29
2017-09-30 -1.40
2017-06-30 -1.05
2017-03-31 -2.60

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CNX Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess CNX Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CNX Resources has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CGD Past Performance

  How has CNX Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CNX Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CNX Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare CNX Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CNX Resources's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
CNX Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CNX Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CGD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,544.24 -80.73 156.93
2019-09-30 1,714.38 292.61 160.66
2019-06-30 1,776.85 302.10 164.04
2019-03-31 1,769.72 181.63 150.11
2018-12-31 1,754.28 796.53 145.84
2018-09-30 1,549.21 980.64 141.37
2018-06-30 1,423.29 833.82 130.56
2018-03-31 1,324.17 913.61 115.71
2017-12-31 1,198.37 295.04 141.29
2017-09-30 339.61 -322.63 -7.04
2017-06-30 584.56 -240.51 37.00
2017-03-31 748.19 -597.54 81.84
2016-12-31 847.91 -550.95 117.37
2016-09-30 1,831.47 -177.89 257.11
2016-06-30 1,829.20 -116.28 267.54
2016-03-31 1,880.39 -458.28 259.31
2015-12-31 750.90 -650.20 122.39
2015-09-30 2,467.10 -328.43 262.12
2015-06-30 2,814.90 -452.01 244.29
2015-03-31 3,185.77 100.28 247.98
2014-12-31 2,959.24 164.95 304.83
2014-09-30 3,409.84 242.15 268.55
2014-06-30 3,325.35 172.02 283.33
2014-03-31 3,228.60 205.81 283.20
2013-12-31 3,033.95 80.65 279.47
2013-09-30 1,824.30 13.40 192.74
2013-06-30 2,164.30 73.80 155.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • CNX Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CNX Resources used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if CNX Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CNX Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CNX Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CGD Health

 How is CNX Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CNX Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CNX Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • CNX Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of CNX Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CNX Resources Company Filings, last reported 3 months ago.

DB:CGD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,962.31 2,754.44 16.28
2019-09-30 5,221.82 2,640.23 5.48
2019-06-30 5,100.00 2,618.38 32.61
2019-03-31 4,974.81 2,430.49 23.97
2018-12-31 5,081.74 2,378.21 17.20
2018-09-30 5,048.82 2,184.48 42.67
2018-06-30 5,038.92 2,330.78 54.85
2018-03-31 5,067.91 2,211.17 82.49
2017-12-31 3,899.90 2,187.29 509.17
2017-09-30 4,071.24 2,501.77 285.71
2017-06-30 4,087.55 2,597.38 299.14
2017-03-31 3,906.34 2,622.36 61.27
2016-12-31 3,940.89 2,422.47 46.30
2016-09-30 4,290.17 3,085.46 80.25
2016-06-30 4,271.43 3,187.68 97.63
2016-03-31 4,739.09 3,575.17 426.65
2015-12-31 4,855.78 3,657.72 72.57
2015-09-30 4,887.85 3,688.51 83.02
2015-06-30 4,681.90 3,660.45 10.03
2015-03-31 5,297.73 3,359.93 5.32
2014-12-31 5,329.46 3,203.16 176.99
2014-09-30 5,254.60 3,239.73 225.56
2014-06-30 5,059.66 3,218.45 147.39
2014-03-31 5,092.29 3,118.69 314.09
2013-12-31 5,006.29 3,118.92 327.42
2013-09-30 3,957.18 3,219.73 21.09
2013-06-30 4,025.06 3,342.30 71.94
  • CNX Resources's level of debt (55.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (60.1% vs 55.5% today).
  • Debt is well covered by operating cash flow (35.6%, greater than 20% of total debt).
  • CNX Resources is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess CNX Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CNX Resources has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CGD Dividends

 What is CNX Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CNX Resources dividends.
If you bought €2,000 of CNX Resources shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CNX Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CNX Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:CGD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:CGD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2020-04-07
DB:CGD Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-02-07 0.000 0.000
2018-01-30 0.000 0.000
2017-10-31 0.000 0.000
2017-08-01 0.000 0.000
2017-05-02 0.000 0.000
2017-02-08 0.000 0.000
2017-01-31 0.000 0.000
2016-11-01 0.000 0.000
2016-02-29 0.000 0.000
2016-02-01 0.040 0.494
2015-10-28 0.040 0.552
2015-07-29 0.040 0.337
2015-07-28 0.040 0.233
2015-04-29 0.250 1.026
2015-02-02 0.250 0.833
2014-10-29 0.250 0.719
2014-07-30 0.250 0.666
2014-04-30 0.250 0.566
2014-02-03 0.250 0.625
2013-11-01 0.500 1.357
2013-07-26 0.500 1.474
2013-04-26 0.500 1.592
2012-12-17 0.500 1.547
2012-07-27 0.500 1.554
2012-04-27 0.500 1.665
2012-01-27 0.500 1.442
2011-10-27 0.500 1.304
2011-07-29 0.400 0.980
2011-04-29 0.400 0.806
2011-01-28 0.400 0.790
2010-11-01 0.400 0.888
2010-07-30 0.400 1.099
2010-04-30 0.400 1.070
2010-01-29 0.400 0.850
2009-10-23 0.400 0.830
2009-07-31 0.400 0.940
2009-04-24 0.400 1.131

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CNX Resources has not reported any payouts.
  • Unable to verify if CNX Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CNX Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CNX Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CNX Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CNX Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CNX Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CGD Management

 What is the CEO of CNX Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Nick DeIuliis
COMPENSATION $13,741,437
AGE 50
TENURE AS CEO 4.9 years
CEO Bio

Mr. Nicholas J. DeIuliis, also known as Nick, serves as a Director and the President and Chief Executive Officer of CNX Resources Corporation. Prior to the separation of CONSOL Energy Inc. into two separate companies, Mr. DeIuliis had experience with CNX and in that time has held the positions of Chief Executive Officer since May 7, 2015, President since February 23, 2011, and previously served as the Chief Operating Officer, Senior Vice President – Strategic Planning, and earlier in his career various engineering positions. On January 3, 2018, Mr. DeIuliis was appointed Chairman of the Board and Chief Executive Officer of CNX Midstream Partners LP. He was a Director, President and Chief Executive Officer of CNX Gas Corporation from its creation in 2005 through 2009. Mr. DeIuliis was a Director and Chairman of the Board of the general partner of CONSOL Coal Resources LP from March 16, 2015 until November 28, 2017. Mr. DeIuliis is a member of the Board of Directors of the University of Pittsburgh Cancer Institute, the Center for Responsible Shale Development and the Allegheny Conference on Community Development. Mr. DeIuliis is a registered engineer in the Commonwealth of Pennsylvania and a member of the Pennsylvania bar.

CEO Compensation
  • Nick's compensation has increased whilst company is loss making.
  • Nick's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the CNX Resources management team in years:

0.8
Average Tenure
40.5
Average Age
  • The average tenure for the CNX Resources management team is less than 2 years, this suggests a new team.
Management Team

Nick DeIuliis

TITLE
President
COMPENSATION
$14M
AGE
50
TENURE
4.9 yrs

Don Rush

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
36
TENURE
2.7 yrs

Chad Griffith

TITLE
Executive VP & COO
COMPENSATION
$1M
AGE
42
TENURE
0.8 yrs

Olayemi Akinkugbe

TITLE
Executive VP & Chief Excellence Officer
COMPENSATION
$713K
AGE
45
TENURE
0.8 yrs

Alan Shepard

TITLE
VP & Chief Accounting Officer
AGE
38
TENURE
0.2 yrs

Tyler Lewis

TITLE
VP of Investor Relations

Stephanie Gill

TITLE
VP, General Counsel & Corporate Secretary

Jason Mumford

TITLE
VP & Controller
AGE
39
Board of Directors Tenure

Average tenure and age of the CNX Resources board of directors in years:

3.9
Average Tenure
62
Average Age
  • The tenure for the CNX Resources board of directors is about average.
Board of Directors

Will Thorndike

TITLE
Independent Chairman of the Board
COMPENSATION
$613K
AGE
55
TENURE
3.9 yrs

Nick DeIuliis

TITLE
President
COMPENSATION
$14M
AGE
50
TENURE
5.9 yrs

William Davis

TITLE
Independent Director
COMPENSATION
$309K
AGE
77
TENURE
16.3 yrs

Maureen Lally-Green

TITLE
Independent Director
COMPENSATION
$300K
AGE
70
TENURE
6.8 yrs

Bernie Lanigan

TITLE
Independent Director
COMPENSATION
$313K
AGE
71
TENURE
3.9 yrs

John Clarkson

TITLE
Independent Director
COMPENSATION
$300K
AGE
62
TENURE
2.9 yrs

Ian McGuire

TITLE
Independent Director
COMPENSATION
$218K
AGE
40
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Jun 19 Buy Conifer Advisors, LLC Company 25. Jun 19 25. Jun 19 36,200 €6.07 €219,709
25. Jun 19 Buy John Clarkson Individual 25. Jun 19 25. Jun 19 20,000 €6.13 €122,625
19. Jun 19 Buy Conifer Advisors, LLC Company 19. Jun 19 19. Jun 19 34,150 €6.53 €222,892
12. Jun 19 Buy Conifer Advisors, LLC Company 12. Jun 19 12. Jun 19 35,400 €6.23 €220,655
12. Jun 19 Buy John Clarkson Individual 12. Jun 19 12. Jun 19 10,000 €6.18 €61,845
11. Jun 19 Buy Conifer Advisors, LLC Company 11. Jun 19 11. Jun 19 34,200 €6.45 €220,751
10. Jun 19 Buy John Clarkson Individual 10. Jun 19 10. Jun 19 10,000 €6.63 €66,300
31. May 19 Buy Conifer Advisors, LLC Company 31. May 19 31. May 19 198,000 €6.78 €1,342,851
X
Management checks
We assess CNX Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CNX Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CGD News

Simply Wall St News

CGD Company Info

Description

CNX Resources Corporation, an independent oil and gas company, explores for, develops, and produces natural gas properties primarily in the Appalachian Basin. The company operates through two divisions, Exploration and Production (E&P), and Midstream. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 519,000 net Marcellus Shale acres; and 608,000 net acres of Utica Shale, as well as rights to extract natural gas from other shale and shallow oil and gas positions from approximately 981,700 in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. It also owns rights to extract coalbed methane (CBM) in Virginia from approximately 308,000 net CBM acres, as well as 2,122,000 net CBM acres in West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. The Midstream division owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. The company also offers gas gathering and water delivery solutions to 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.

Details
Name: CNX Resources Corporation
CGD
Exchange: DB
Founded: 1860
$1,282,870,297
187,035,851
Website: http://www.cnx.com
Address: CNX Resources Corporation
CNX Center,
Suite 400,
Canonsburg,
Pennsylvania, 15317-6506,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CNX Common Stock New York Stock Exchange US USD 30. Apr 1999
DB CGD Common Stock Deutsche Boerse AG DE EUR 30. Apr 1999
Number of employees
Current staff
Staff numbers
467
CNX Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:43
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/10
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.