CXG Fundamental Research Investment Analysis, CNX Gas Corp.

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CNX Gas Corporation (CXG)

The Razor's Edge

2-Year Price History

Recent Price
(1/5/2009)
$28.80
52-Week Price
$14.08 - $45.51
Market Capitalization
$4.3 Billion
Dividend Yield
0.00%
Most Recent Dividend
$0.00

About CNX Gas Corp.

CNX Gas Corporation is considered to operate in the Basic Materials sector. They specifically operate in the Oil & Gas Drilling/Exploring business segment contained within the Energy industry.

Engaged in the exploration, development, production and gathering of natural gas in the Appalachian Basin.

Ockham's Rating

Rating Specific Information Withheld Premium Access Only

CXG Revenue

There is not enough fundamental data available to properly evaluate this company at this time.

CXG Cash Earnings

Price to Cash Earnings analysis is inappropriate for this company due to an insufficient positive cash earnings history. Rather than calculating a potentially misleading Price to Cash Earnings analysis, we have chosen to give CXG a neutral Price to Cash Earnings outlook at this time. However, we should point out that this metric is a significant element in Ockham’s methodology to analyzing the outlook for any company. Therefore, for CXG, our assessment is now more dependent on the Price to Sales analysis, and investors should be cautious with a company with very limited, if any, positive cash earnings.

CXG Dividends

A strong dividend payment history is looked upon as a favorable characteristic on a company’s future and potentially can receive a positive Ockham rating. That being said, we don't require dividend payments for company's whose management has elected to forgo them entirely. While we do like to see companies with healthy and growing dividends, it is not appropriate for all companies, especially those focused on growth. We regard CXG as neutral in terms of dividends because they have no history of paying a dividend and continue to reinvest that money for growth purposes.

Peer Comparison

:

CNX Gas Corp. Industry Grouping

(1/5/2009)
Company Ticker Market Cap (Ml) Latest
Price
Price/Cash Earnings Price/Sales 5-Yr. Rev.
Growth Rate
5-Yr.
Avg. ROE.
Current 10-Yr. Range* Current 10-Yr. Range*
Peer Company Averages (not incuding CXG) 5.96 3.82 » 27.15 0.88 3.28 » 14.26 63.79% 16.54%
*10 year range does not include current year values
Plains All American Pipeline LP PAA $4.7 Billion $38.19 6.72 3.36 » 19.05 0.15 0.07 » 1.12 19.46% 11.38%
ONEOK Partners, Limited Partnership OKS $4.6 Billion $50.55 7.15 4.96 » 11.58 0.56 2.01 » 12.74 63.73% 15.26%
Petrohawk Energy Corp. HK $4.5 Billion $17.93 5.51 1.50 » 36.56 2.11 9.59 » 28.97 146.80% 3.03%
ENSCO International, Inc. ESV $4.4 Billion $30.93 2.88 4.58 » 31.25 1.60 4.73 » 28.48 25.16% 14.36%
CNX Gas Corp. CXG $4.3 Billion $28.80 15.36 12.58 » 27.22 0.00 0.00 » 0.00 n/a 16.00%
Continental Resources, Inc. CLR $4.2 Billion $24.57 7.53 4.68 » 37.33 0.00 0.00 » 0.00 n/a 38.67%
Ockham's Rating: NotSet
Current
Rating on:
CXG
SNAP

Community Discussion

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Key Fundamentals

CXG - CNX Gas Corporation Fundamentals
Price (1/5/2009) $28.80
Volume (1/5/2009) 281,200
10 Day Average Volume 254,900
13 Week Price Range $15.10 - $31.75
52 Week Price Range $14.08 - $45.51
LTM Revenue $688.4 Million
 
Shares Outstanding (12/2007) 151.0 Million
Market Capitalization $4.3 Billion
Shares Held By Institutions 26.4 Million
Insitutional Holders 117
% Shares Held By Institutions 17.50%
Earnings Per Share (EPS) $0.90
P/E Ratio 20.60
Book Value Per Share $8.40
 
Gross Margin 68.50%
Quarterly Dividend 0.00
Dividend Yield 0.00%
Beta 0.18
Fiscal Year Ends December