CNX Resources (CNX) Research & Development (2013 - 2018)

CNX Resources (CNX) recorded quarterly Research & Development of $2.4 million in Q1 2018, down 83.11% quarter-over-quarter from $14.1 million in Q4 2017, and down 75.68% on a YoY basis from $9.8 million in Q1 2017.

CNX Resources (CNX) Research & Development (2013 - 2018) Analysis & Trends

CNX Resources' Research & Development history runs 6 years deep, the most recent figure standing at $2.4 million for Q1 2018.

  • In Q1 2018, Research & Development fell 75.68% year-over-year to $2.4 million; the TTM figure through Mar 2018 stood at $40.7 million (up 80.27% YoY), while the FY2017 annual figure was $48.1 million, up 231.04% from the prior year.
  • Research & Development was $2.4 million for Q1 2018 at CNX Resources, down from $14.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $19.7 million in Q2 2017 to a low of $384000.0 in Q3 2016.
  • Historically, Research & Development has averaged $5.8 million across 5 years, with a median of $3.3 million in 2015.
  • The sharpest annual moves came in 2016 and 2017: Research & Development slumped 88.48% in 2016, then jumped 1066.41% in 2017.
  • A 5-year view of Research & Development shows it stood at $7.6 million in 2014, then slumped by 68.06% to $2.4 million in 2015, then surged by 291.34% to $9.5 million in 2016, then surged by 48.58% to $14.1 million in 2017, then slumped by 83.11% to $2.4 million in 2018.
  • The last three Research & Development figures came in at $2.4 million (Q1 2018), $14.1 million (Q4 2017), and $4.5 million (Q3 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 109.00 Mn
4 Eog Resources 72.93 Bn 69.08 Bn - 45.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 110.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn -
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 430,000.00
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -316,475.27
10 CNX Resources 4.70 Bn 4.53 Bn 777.87 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2018 2.38 Mn
Dec 31, 2017 14.09 Mn
Sep 30, 2017 4.48 Mn
Jun 30, 2017 19.72 Mn
Mar 31, 2017 9.79 Mn
Dec 31, 2016 9.49 Mn
Sep 30, 2016 384,000.00
Jun 30, 2016 2.91 Mn
Mar 31, 2016 1.75 Mn
Dec 31, 2015 2.42 Mn
Sep 30, 2015 3.33 Mn
Jun 30, 2015 2.32 Mn
Mar 31, 2015 2.04 Mn
Dec 31, 2014 7.59 Mn
Sep 30, 2014 8.05 Mn
Jun 30, 2014 4.62 Mn
Mar 31, 2014 3.10 Mn
Dec 31, 2013 17.44 Mn
Sep 30, 2013 22.77 Mn
Jun 30, 2013 10.41 Mn