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CNX Resources Q1 2024 Earnings Report

CNX Resources logo
$36.25 +0.91 (+2.57%)
(As of 12/20/2024 05:31 PM ET)

CNX Resources EPS Results

Actual EPS
$0.45
Consensus EPS
$0.36
Beat/Miss
Beat by +$0.09
One Year Ago EPS
N/A

CNX Resources Revenue Results

Actual Revenue
$381.00 million
Expected Revenue
$420.13 million
Beat/Miss
Missed by -$39.13 million
YoY Revenue Growth
N/A

CNX Resources Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

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CNX Resources Earnings Headlines

Brokers Offer Predictions for CNX Resources Q1 Earnings
CNX Resources (NYSE:CNX) Rating Lowered to "Underperform" at Mizuho
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Mizuho Downgrades CNX Resources (CNX)
Truist Financial Sticks to Its Hold Rating for CNX Resources (CNX)
See More CNX Resources Headlines
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About CNX Resources

CNX Resources (NYSE:CNX), an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale properties in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas formations in Illinois, Indiana, New York, and Virginia. It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,600 miles of natural gas gathering pipelines, as well as various natural gas processing facilities. It also offers turn-key solutions for water sourcing, delivery, and disposal for its natural gas operations and for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.

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