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| Date | Value |
|---|---|
| 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 |