CNX Resources

CNX Resources Corp. is an independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin. The company deploys an organic growth strategy focused on responsibly developing its resource base. The firm operates through the Marcellus Shale, and Coalbed Methane segments. The company was founded in 1864 and is headquartered in Canonsburg, PA.

Earnings data Q1 2021

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Earnings data Q4 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CNX Resources excels in free cash flow generation and hedging strategies

CNX Resources had a strong performance in 2022 with record free cash flow generation and share retirements.
The company's competitive moat, sustainable business model, and hedging strategy position it well despite challenges.
Focus on capital allocation, production outlook, and operational improvements highlight growth opportunities.
Continuous emphasis on strategy execution, control over success factors, and efficient hedging strategies.

CNX Resources reports strong free cash flow amidst gas price challenges

CNX Resources showcased resilience in free cash flow generation amidst industry challenges from declining gas prices. The company's strong position as a low-cost producer in Appalachia and strategic operational plans provide a solid foundation for future growth and profitability.

CNX Resources excels in Q2, eyes growth through innovation

CNX Resources continues to demonstrate financial discipline and operational prowess, positioning themselves for future growth. With a focus on innovation, efficiency, and shareholder returns, CNX remains committed to creating long-term value for stakeholders.

CNX Resources reports resilient Q3 performance and eyes sustainable growth

CNX Resources demonstrated financial strength and operational efficiency in Q3 2023, with a focus on sustainable growth and shareholder value creation. Despite market challenges, the company remains committed to reducing emissions, driving innovation, and maximizing production potential. Future success hinges on navigating market fluctuations, capitalizing on growth opportunities, and strategic decision-making.

CNX Resources prioritizes financial discipline and growth opportunities in Q4 2023

CNX Resources navigated Q4 2023 with a focus on financial discipline, outlining plans for reduced capital expenditures and sustainable free cash flow growth. The company's strategic approach to balancing shareholder returns and debt reduction reflects a commitment to long-term value creation and operational efficiency.

CNX Resources excels in Q1 with New Tech ventures driving growth

CNX Resources showcases strong performance in Q1 2024, driven by innovative technology and strategic initiatives. While facing challenges in cash flow impact and market timelines, the company's proactive approach to risk management and growth opportunities position them well for the future.

CNX Resources reports robust Q2 performance and eyes revenue growth

CNX Resources showcased strong operational performance and revenue growth potential in Q2 2024.
The company's strategic focus on new technologies and revenue diversification bodes well for future prospects.
Challenges lie in managing service costs, revenue impact from third-party opportunities, and market uncertainties.
Opportunities exist in expanding CNG business, leveraging new technologies for revenue, and prudent risk management strategies.

CNX Resources delivers strong Q3 performance, eyes growth opportunities

CNX Resources reported improved operational performance and cost efficiencies in Q3 2024, reflecting a strategic focus on driving sustainable growth and maximizing shareholder value. The company's emphasis on regulatory clarity, efficiency enhancements, and growth initiatives underscores its commitment to navigating industry challenges and seizing opportunities for expansion. With a proactive approach to addressing market dynamics and exploring new business avenues, CNX Resources is poised for continued success in the evolving energy landscape.

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CNX Resources Corp. is a premier independent low carbon intensity natural gas development, production, midstream, and technology company, which engages in the business of producing pipeline quality natural gas for sale primarily to gas wholesalers. It operates through the following segments: Shale, Coalbed Methane (CBM), and Other Gas. The Shale segment focuses on reserves, production, and capital investments. The CBM segment is involved in extracting CBM natural gas primarily from the Pocahontas No. 3 seam. The Other Gas segment includes nominal shallow oil and gas production. The company was founded in 1864 and is headquartered in Canonsburg, PA.

CNX Resources is an independent exploration and production company that operates in the natural gas-rich Marcellus shale. CNX's stock has delivered an impressive run-up YTD that cannot be explained by natural gas prices. CNX Resources has a substantial reserve base, but a pending asset sale will reduce this.

CNX Resources: Asset Sale To Improve Balance Sheet But Stock Looks Overpriced

CNX Resources (CNX) is poised to benefit from its high-quality asset holdings and Appalachian basin focus. However, dependence on gathering, processing and transportation facilities owned by others is a headwind.

CNX Resources (CNX) to Gain From Appalachian Focus & Hedges

2022 Report Showcases Continued Sustainability Progress, Corporate Initiatives Driving Resiliency and Stakeholder Value – All Aimed at Serving Appalachia First PITTSBURGH , May 31, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) today released its annual Corporate Sustainability Report, highlighting its industry-leading approach and strategy to innovation, community engagement, and environmental performance, all aimed at driving measurable results and value for its stakeholders. "With our unique sustainable business model at the heart of CNX's hyper-local value creation strategy, we continue to deliver for all our stakeholders, especially communities across the Appalachia region," said CNX President and CEO Nick Deiuliis.

CNX Releases Sustainability Report Highlighting Tangible, Impactful, Local ESG Approach

CNX Resources' (CNX) first-quarter earnings are better than expected and the company continues to utilize its free cash flow to buyback shares and reduce debt.

CNX Resources (CNX) Q1 Earnings Beat, Sales Miss Estimates

CNX Resources Corp (CNX) Q1 2023 Earnings Call Transcript.

CNX Resources Corp (CNX) Q1 2023 Earnings Call Transcript

CNX Resources Corporation. (CNX) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.44 per share.

CNX Resources Corporation. (CNX) Q1 Earnings Surpass Estimates

CNX Resources Corporation. (CNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Analysts Estimate CNX Resources Corporation. (CNX) to Report a Decline in Earnings: What to Look Out for

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Thirty-eight mid-cap energy producers were evaluated using a quality matrix with factors including Price/Sales, Net Income Margin, Free Cash Flow Margin, and Total Debt/Market Cap. The quality matrix is a broad effort to identify those mid-cap producers that are likely to be amongst the best and poorest investments in the group.

Mid-Cap Energy Producers Ranked By Quality

CNX Resources Corporation is an independent exploration and production company that produces natural gas in the wealthy Marcellus Shale. The company's cash flows have been surprisingly durable regardless of prices, which should also prove to be the case this year.

CNX Resources: Protected Against Natural Gas Prices, Attractive Valuation

PITTSBURGH , April 5, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q1 2023 at 6:45 a.m. Eastern Time on Thursday, April 27.

CNX Resources Corporation Announces First Quarter 2023 Financial Results and Conference Call Schedule

Adams Fork Energy plant to be the largest clean ammonia facility in U.S and an anchor project in ARCH2 Hydrogen Hub application MINGO COUNTY, W.Va. , April 3, 2023 /PRNewswire/ -- A multi-billion-dollar clean ammonia production facility is advancing in Mingo County, WV, with anticipated construction beginning in 2024, Adams Fork Energy, LLC, CNX Resources Corp. (NYSE: CNX), and other partners announced today.

Multi-Billion Dollar Clean Ammonia Manufacturing Investment Advancing in Southern WV

PITTSBURGH , Feb. 9, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") announced today its year-end reserves update as of December 31, 2022. Increased proved developed reserves by 5%, or 315 Bcfe, to 6,221 Bcfe During 2022, initiated production on 32 wells with estimated ultimate recovery (EURs) averaging 2.65 Bcfe per thousand feet of completed lateral Proved developed finding and development costs of $0.36 per Mcfe in 2022 Increased total proved reserves by 181 Bcfe to 9,807 Bcfe Proved undeveloped location EURs estimated to average 2.69 Bcfe per thousand feet of completed lateral Future finding and development costs for proved undeveloped reserves of $0.42 per Mcfe Total proved, probable and possible reserves (3P reserves) of 11,687 Bcfe from the five-year development plan activity 110 Tcfe of recoverable resources beyond the five-year development plan that are economic at strip pricing as of 12/30/2022 Chief Operating Officer Navneet Behl commented, "The 2022 year-end reserve update highlights the company's ability to grow our proved developed reserve base at very high capital efficiency over a long period of time.

CNX Announces Proved Reserves of 9.81 Tcfe

CNX Resources Corporation (NYSE:CNX ) Q4 2022 Results Conference Call January 26, 2023 10:00 AM ET Company Participants Tyler Lewis - VP of IR Nick DeIuliis - President, CEO and Director Alan Shepard - CFO Conference Call Participants Zach Parham - JPMorgan Leo Mariani - MKM Neal Dingmann - Truth Securities John Abbott - Bank of America Jeoffrey Lambujon - Tudor, Pickering, Holt Noel Parks - Tuohy Brothers Operator Good day, and welcome to the CNX Resources Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

CNX Resources Corporation (CNX) Q4 2022 Earnings Call Transcript

CNX Resources' (CNX) fourth-quarter earnings beat the estimate but revenues are lower than expected. CNX continues to repurchase shares from open market.

CNX Resources (CNX) Q4 Earnings Beat, Revenues Lag Estimates

CNX Resources Corporation. (CNX) delivered earnings and revenue surprises of 187.72% and 14.92%, respectively, for the quarter ended December 2022.

CNX Resources Corporation. (CNX) Q4 Earnings Beat Estimates

CNX Resources (CNX) fourth-quarter results are expected to have benefited from lower debts and shares outstanding, and stable natural gas production from shale assets.

CNX Resources (CNX) to Report Q4 Earnings: What to Expect

Innovative Technology Partnership Seeks to Eliminate Emissions While Enhancing Power Reliability PITTSBURGH and HOUSTON , Jan. 24, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and ICE Thermal Harvesting, LLC (ICE) have partnered on a pilot project to generate 100% emission-free, locally-sourced power for use in CNX's operations, the companies announced today. Underway at CNX's Dry Ridge compressor station in West Virginia, Phase One of the project captures and converts engine exhaust heat produced at the compression site to supply ICE's patented heat-to-power systems.

CNX and ICE Thermal Harvesting Launch Pilot Program Generating Zero-Emission, Appalachian-Sourced Power

There are many similarities today with the 2000 valuation bubble. Small-cap value performed exceptionally well following the dotcom bust.

CNX Resources: Asset Opportunities In Small-Cap Value

CNX Resources Corporation. (CNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

CNX Resources Corporation. (CNX) Reports Next Week: Wall Street Expects Earnings Growth

CNX Resources Corporation is an independent E&P focused on the production of natural gas in the Appalachian region. The strength in natural gas prices and low cost of production has allowed CNX Resources to generate a significant amount of free cash flow.

CNX Resources: This Natural Gas Producer Looks Incredibly Cheap

PITTSBURGH , Jan. 5, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2022 at 6:45 a.m. Eastern Time on Thursday, January 26.

CNX Resources Corporation Announces Fourth Quarter 2022 Financial Results and Conference Call Schedule

Strategy leverages the company's local legacy, new decarbonization technologies, and low cost, lower emissions assets to catalyze regional growth opportunities PITTSBURGH , Dec. 12, 2022 /PRNewswire/ -- Today CNX Resources Corp. (NYSE: CNX) launched " Appalachia First ," its vision for the future which draws on the company's regional leadership, core operational strengths, and innovative business model. As the region's premier low carbon intensive natural gas development, technology, and applications company, CNX is uniquely positioned to help revolutionize Appalachia, one of the world's most energy abundant regions, into an energy, manufacturing, and technology hub of the future.

CNX Unveils Appalachia-Focused Vision for the Future

PITTSBURGH and SAN FRANCISCO , Nov. 7, 2022 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) and New Frontier Aerospace, Inc. (NFA) today announced the companies have entered into an agreement, facilitated by Anew Climate, LLC (Anew Climate), to utilize abated methane emissions to fuel net carbon neutral ground and flight tests of NFA's hypersonic vertical takeoff and landing aircraft. NFA is developing next generation aircraft that can deliver passengers and cargo anywhere on the planet ten times faster than today's jets, while CNX is a leader in capturing and processing methane that would have otherwise vented into the atmosphere, resulting in ultra-low carbon intensity natural gas.

CNX and New Frontier Announce Strategic Partnership to Leverage Abated Methane Emissions to Transform International Travel

CNX Resources' (CNX) third-quarter earnings and revenues are lower than expected. CNX continues to generate free cash flow and buyback shares to increase shareholders' value.

News for CNX Resources Stock (CNX)