CNX Resources Corp
NYSE:CNX

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CNX Resources Corp
NYSE:CNX
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Price: 36.24 USD -0.03% Market Closed
Market Cap: 5.4B USD
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Gross Margin
CNX Resources Corp

56.2%
Current
72%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
56.2%
=
Gross Profit
880.2m
/
Revenue
1.6B

Gross Margin Across Competitors

Country US
Market Cap 5.4B USD
Gross Margin
56%
Country US
Market Cap 124.7B USD
Gross Margin
47%
Country CN
Market Cap 786.5B CNY
Gross Margin
48%
Country US
Market Cap 67.7B USD
Gross Margin
62%
Country CA
Market Cap 91.2B CAD
Gross Margin
50%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 45.7B USD
Gross Margin
72%
Country UK
Market Cap 34.4B GBP
Gross Margin
64%
Country US
Market Cap 40B USD
Gross Margin
76%
Country AU
Market Cap 45.9B AUD
Gross Margin
45%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
No Stocks Found

CNX Resources Corp
Glance View

Market Cap
5.4B USD
Industry
Energy

CNX Resources Corporation, with its roots deeply embedded in the energy-rich lands of Appalachia, has carved out a prominent place in the natural gas sector. This Pittsburgh-based company, primarily focused on the exploration and production of natural gas, operates across sprawling acreage in the Marcellus and Utica shale formations. These formations are renowned for their rich reserves, providing CNX with a robust platform for sustained production. With a keen eye on technology and innovation, CNX has developed efficient hydraulic fracturing and horizontal drilling techniques, enabling them to extract natural gas in a cost-effective manner. This commitment to operational excellence allows the company to optimize production while maintaining a strong environmental stewardship, aligning with contemporary demands for cleaner energy solutions. The financial heartbeat of CNX is its ability to thrive in volatile markets through strategic hedging and prudent financial management. By effectively locking in favorable prices for its natural gas production, CNX mitigates risks associated with fluctuating commodity prices. This hedging strategy, combined with their operational efficiencies, bolsters their revenue streams and supports cash flow stability. Additionally, CNX's focus on reducing costs and enhancing productivity translates into competitive pricing, making their natural gas an attractive choice for power generation and industrial use. As the global energy landscape continues to evolve, CNX Resources positions itself as a resilient player, strategically navigating challenges and opportunities in pursuit of sustainable growth.

CNX Intrinsic Value
31.13 USD
Overvaluation 14%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
56.2%
=
Gross Profit
880.2m
/
Revenue
1.6B
What is the Gross Margin of CNX Resources Corp?

Based on CNX Resources Corp's most recent financial statements, the company has Gross Margin of 56.2%.