Professional
Added to YB: 2025-02-19
Pitch date: 2024-12-31
CNX [bullish]
CNX Resources Corporation
+3.16%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$4.5B
Pitch Price
$37.31
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.29
P/E
-51.47
EV/Sales
5.81
Sector
Oil, Gas and Consumable Fuels
Category
growth
Longleaf Partners Global Fund Portfolio Holding: CNX Resources Corporation
CNX: Natural gas co outperformed in 2023. Strong ops, hedged position, solid balance sheet. Double-digit annualized share repurchases. Low-cost structure, disciplined hedging for FCF. Q4 Deep Utica asset purchase. Discounted vs peers. CEO DeIuliis, Chairman Thorndike focus on FCF/share growth.
Read full article (1 min)