CNX Resources Corporation

Equities

CNX

US12653C1080

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2024-05-10 pm EDT			5-day change	1st Jan Change
23.26 ^USD	-1.77%		-0.13%	+16.30%

Apr. 25	Tranche Update on CNX Resources Corporation's Equity Buyback Plan announced on October 30, 2018.	CI
Apr. 25	Transcript : CNX Resources Corporation, Q1 2024 Earnings Call, Apr 25, 2024

CNX Resources Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2023

October 25, 2023 at 06:47 am EDT

CNX Resources Corporation reported earnings results for the third quarter ended September 30, 2023. For the third quarter, the company reported revenue was USD 350.51 million compared to USD 117.06 million a year ago. Net income was USD 21.38 million compared to net loss of USD 427.07 million a year ago.

Basic earnings per share from continuing operations was USD 0.13 compared to basic loss per share from continuing operations of USD 2.28 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to diluted loss per share from continuing operations of USD 2.28 a year ago.

Latest news about CNX Resources Corporation

Tranche Update on CNX Resources Corporation's Equity Buyback Plan announced on October 30, 2018.	Apr. 25	CI
Transcript : CNX Resources Corporation, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
CNX Resources Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Sector Update: Energy Stocks Decline in Late Wednesday Afternoon Trading	Apr. 24	MT
CNX Resources, Deep Well Services Form Joint Venture to Launch Oilfield Service Company	Apr. 24	MT
Deep Well Services, CNX Resources Partner to Launch Autosep Technologies, Transformational Oilfield Service Solutions Company	Apr. 24	CI
Nublu Energy and CNX Resources Corp. Team Up to Deploy CNG & LNG Tech Solutions	Apr. 22	CI
Mizuho Adjusts Price Target on CNX Resources to $25 From $24, Maintains Neutral Rating	Apr. 11	MT
US natgas producers cut spending, output to cope with low prices	Apr. 10	RE
Roth MKM Adjusts CNX Resources' Price Target to $22 From $18, Maintains Neutral Rating	Apr. 02	MT
US, International Natural Gas Prices Mixed But Benchmarks Henry Hub, TTF Prices Decline Week Over Week, EIA Reports	Mar. 15	MT
Truist Adjusts Price Target on CNX Resources to $28 From $27, Maintains Buy Rating	Mar. 13	MT
Sector Update: Energy Stocks Rise Late Afternoon	Mar. 12	MT
Sector Update: Energy Stocks Decline in Tuesday Afternoon Trading	Mar. 12	MT
Sector Update: Energy	Mar. 12	MT
CNX Resources Cuts 2024 Natural Gas Output Guidance, Delays Production Activities Amid Oversupply	Mar. 12	MT
CNX Resources delays some production activities, expects decline in volumes	Mar. 12	RE
CNX Resources curtails production amid falling prices	Mar. 12	RE
CNX Resources Corporation Provides Production Guidance for the Year of 2024	Mar. 12	CI
Piper Sandler Adjusts CNX Resources' Price Target to $18 From $17, Maintains Neutral Rating	Mar. 07	MT
Mizuho Securities Adjusts Price Target on CNX Resources to $24 From $23, Maintains Neutral Rating	Mar. 01	MT
Sector Update: Energy Stocks Decline Premarket Monday	Feb. 26	MT
CNX Resources Closes $400 Million Senior Notes Offering	Feb. 23	MT
CNX Resources Corporation Announces Closing of $400 Million Senior Notes Offering	Feb. 23	CI
Sector Update: Energy Stocks Edge Higher Premarket Tuesday	Feb. 20	MT

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Company Profile

CNX Resources Corporation is an independent low carbon intensity natural gas development, production, midstream and technology company centered in the Appalachian Basin. The majority of its operations are centered on unconventional shale formations, primarily the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, it operates and develops Coalbed Methane (CBM) properties in Virginia. It has rights to extract natural gas from Shale formations in Pennsylvania, West Virginia, and Ohio from approximately 527,000 net Marcellus Shale acres and approximately 607,000 net Utica Shale acres. The Company holds approximately 53,000 acres of incremental Upper Devonian acres. It has rights to extract CBM in Virginia from approximately 278,000 net CBM acres. It extracts CBM natural gas primarily from the Pocahontas #3 seam. It has rights to extract natural gas from other Shale and shallow oil and gas formations, primarily in Illinois, Indiana, New York, and others.

Sector

Oil & Gas Exploration and Production

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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Ratings for CNX Resources Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

23.26 USD

Average target price

25.3 USD

Spread / Average Target

+8.77%

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