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Stock impact report

Assessing CNX Resources (CNX) Valuation After Recent US$500 Million Debt Refinancing [Yahoo! Finance]

CNX Resources Corporation (CNX) 
Last cnx resources corporation earnings: 4/27 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cnx.com
Company Research Source: Yahoo! Finance
CNX Resources (CNX) recently closed a US$500 million private placement of 5.875% senior notes due 2034, using the proceeds to retire most of its 6.000% senior notes due 2029 and extend its debt maturity profile. See our latest analysis for CNX Resources. That balance sheet work has coincided with firm share price momentum, with CNX Resources now trading at US$41.70 after a 13.53% 1 month share price return and a 44.29% 1 year total shareholder return. This suggests recent debt actions have influenced how the market views its risk profile. If you are looking at CNX Resources and wondering what else might be reshaping the energy space, it could be worth scanning 23 power grid technology and infrastructure stocks as another way to find potential ideas linked to future infrastructure demand. With CNX Resources trading at US$41.70, above the US$36.62 analyst consensus price target but at a 69% discount to one intrinsic value estimate, you have to ask: is there hidden value here, o Show less Read more
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