Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
30 April 1999Website:
http://www.cnx.comNext earnings report:
24 January 2025Last dividends:
11 February 2016Next dividends:
N/APrice
after hours | Tue, 19 Nov 2024 23:11:50 GMTDividend
Analysts recommendations
Institutional Ownership
CNX Latest News
CNX Resources Corporation (NYSE:CNX ) Q3 2024 Earnings Call Transcript October 24, 2024 10:00 AM ET Company Participants Tyler Lewis - Vice President, Investor Relations Nick DeIuliis - President and Chief Executive Officer Alan Shepard - Chief Financial Officer Ravi Srivastava - President, New Technologies Conference Call Participants Bert Donnes - Truist Securities Zach Parham - JPMorgan Leo Mariani - ROTH MKM Nitin Kumar - Mizuho Michael Scialla - Stephens Inc. Jacob Roberts - TPH Kevin McCurdy - Pickering Energy Partners Operator Hello and welcome to the CNX Resources' Third Quarter 2024 Q&A Conference Call. All participants will be in listen-only mode.
CNX Resources Corporation. (CNX) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.32 per share.
PITTSBURGH , Oct. 24, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the third quarter 2024 by posting those results on its website as detailed below. The company's third quarter prepared remarks can be accessed by clicking here.
CNX Resources (CNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CNX Resources (CNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
On September 30, 2024, Neuberger Berman Group LLC, a prominent investment firm, executed a significant transaction by acquiring 1,238,792 additional shares of CNX Resources Corp (CNX, Financial). This purchase increased the firm's total holdings in CNX to 8,683,119 shares, reflecting a notable portfolio position of 0.23% and a substantial 5.74% ownership in CNX.
CNX Resources (CNX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Company urges industry peers to adopt Radical Transparency ™ across all Pennsylvania natural gas development and processing operations Radical Transparency ™ objective, measured data contradicts loose statistical associations contained in University of Pittsburgh Health Study PITTSBURGH , Aug. 14, 2024 /PRNewswire/ -- The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk, CNX Resources (NYSE: CNX) announced in its first Radical Transparency ™ assessment report released today. Through the Radical Transparency ™ program – a first-of-its-kind public-private collaboration announced with Pennsylvania Governor Josh Shapiro's administration in November 2023 – CNX committed to sharing real-time continuous air emissions monitoring data, enhanced water quality testing results, disclosure of chemical usage, and additional waste reporting at well sites and midstream infrastructure in southwestern Pennsylvania.
CNX Resources missed analyst expectations on revenue and earnings, primarily due to very low natural gas prices. Natural gas prices have significantly impacted CNX Resources' financial performance, leading to a net loss in the second quarter of 2024. The company has been buying back its own stock, but it does not appear to make much difference.
What type of business is CNX Resources?
CNX Resources Corporation is an American oil and gas company. It has a history dating back to 1864. Registered in 1991 in the state of Delaware. The company is involved in the exploration, development, production, gathering, and processing of natural gas in the Appalachian Basin (Pennsylvania, West Virginia, Ohio, and Virginia). Operations are focused on unconventional shale formations. CNX designs, constructs, and operates natural gas gathering systems to transport gas from wellheads to interstate pipelines or other local trading points. The company owns and operates approximately 2600 miles of natural gas gathering pipelines, as well as a number of natural gas processing facilities.
What sector is CNX Resources in?
CNX Resources is in the Energy sector
What industry is CNX Resources in?
CNX Resources is in the Oil & Gas Equipment & Services industry
What country is CNX Resources from?
CNX Resources is headquartered in United States
When did CNX Resources go public?
CNX Resources initial public offering (IPO) was on 30 April 1999
What is CNX Resources website?
https://www.cnx.com
Is CNX Resources in the S&P 500?
No, CNX Resources is not included in the S&P 500 index
Is CNX Resources in the NASDAQ 100?
No, CNX Resources is not included in the NASDAQ 100 index
Is CNX Resources in the Dow Jones?
No, CNX Resources is not included in the Dow Jones index
When was CNX Resources the previous earnings report?
No data
When does CNX Resources earnings report?
The next expected earnings date for CNX Resources is 24 January 2025