Crude Petroleum & Natural Gas
CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces 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 in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas positions 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.
Discounted Cash Flow Valuation of Cnx Resources Corp
In the chart Earnings are multiplied by this value.
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
The average Net Margin over the past 5 years is -7.94%.
The trend of Net Margin over the past 5 years is -15.92%.
The average ROA over the past 5 years is -.
The trend of ROA over the past 5 years is -.
The average ROE over the past 5 years is -0.9%.
The trend of ROE over the past 5 years is -4.85%.
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
The Debt/FCF trailing twelve month is 7.11.
The trend of Debt/FCF over the past 5 years is -17.56.
Graham’s Stability measure stands at -6.45.
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
The Revenue CAGR over the past 5 years is -2.82%.
The trend of Revenue growth rate over the past 5 years is +3.08%.
The Earnings CAGR over the past 5 years is -.
The trend of Earnings growth rate over the past 5 years is +46.11%.
The Equity CAGR over the past 5 years is -5.43%.
The trend of Equity growth rate over the past 5 years is -1.91%.
The FCF CAGR over the past 5 years is +111.43%.
The trend of FCF growth rate over the past 5 years is +30.05%.