Professional
Added to YB: 2025-03-17
Pitch date: 2024-12-31
CNX [neutral]
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
value
Longleaf Partners Small-Cap Fund Portfolio Holding: CNX Resources Corporation
CNX (holding update): Top performer in 2023. Consistent ops, focus on per-share value growth. More hedged vs peers, strong balance sheet funding double-digit annualized buybacks. Low-cost, disciplined hedging for FCF in various price environments. Q4 Deep Utica asset purchase. Discounted vs peers. CEO/Chairman focused on long-term FCF/value per share growth.
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