We have just released a list of 10 stocks that analysts believe will increase in value. In this article, we will examine how CNX Resources Corporation (NYSE:CNX) compares to other stocks that analysts are optimistic about. This week, the S&P 500 index reached a record high, partly due to the performance of Mark Zuckerberg's company over the past 20 days.
Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either CNX Resources Corporation. (CNX) or Comstock Resources (CRK).
Company and Foundation Expanding Unique Appalachia First Micro-Targeted Approach to Tangible, Impactful, Local Community Investments PITTSBURGH , Feb. 12, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX), President and CEO Nick Deiuliis, and the CNX Foundation today announced they have commenced a new campaign to erase school lunch debt, support local veterans, and address essential needs of families in the region as part of the Company's Appalachia First strategic vision. Eschewing the typical corporate practice of providing donations to large non-profit organizations, CNX's distinctive philanthropic approach prioritizes hyper-localized investments directly targeting individuals and entities most in need.
CNX Resources' stock has dropped 28% since my December 1st sell recommendation, driven by deflated optimism around New Technologies and unfavorable Treasury rulings on 45V tax credits. CNX's extensive hedging strategy, with 85% of 2025 production hedged, limits cash flow upside in a rising natural gas price environment, posing a significant headwind. Despite the Treasury's restrictive 45V tax credit rules, CNX's New Technologies unit's contribution to free cash flow is now more predictable, reducing downside risks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors with an interest in Oil and Gas - Exploration and Production - United States stocks have likely encountered both CNX Resources Corporation. (CNX) and Comstock Resources (CRK).
CNX Resources Corporation (NYSE:CNX ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Tyler Lewis - Vice President, Investor Relations Ravi Srivastava - President, New Technologies Alan Shepard - Chief Financial Officer Nicholas DeIuliis - President and Chief Executive Officer Navneet Behl - Chief Operating Officer Conference Call Participants Gabriel Daoud - TD Cowen Zachary Parham - JPMorgan Leo Mariani - ROTH Capital Partners Bertrand Donnes - Truist Securities Michael Scialla - Stephens Inc. Noah Hungness - Bank of America Jacob Roberts - Tudor, Pickering, Holt Operator Good morning, and welcome to the CNX Resources Fourth Quarter 2024 Q&A Conference Call. All participants will be in listen-only mode.
CNX's fourth-quarter 2024 earnings decrease year over year, while revenues increase. Interest expenses also decrease during the same period.
CNX Resources Corporation. (CNX) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.43 per share.
PITTSBURGH , Jan. 30, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") today released financial and operational results for the fourth quarter 2024 by posting those results on its website as detailed below. The company's fourth quarter prepared remarks can be accessed by clicking here.