CNX Resources(CNX)
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CNX vs. CRK: Which Stock Is the Better Value Option?
ZACKS· 2025-01-15 17:41
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) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank e ...
Are Investors Undervaluing CNX Resources (CNX) Right Now?
ZACKS· 2025-01-15 15:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...
CNX Resources Corporation Announces Pricing of $200 Million of Additional Senior Notes
Prnewswire· 2025-01-13 21:15
PITTSBURGH, Jan. 13, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the pricing of $200.0 million aggregate principal amount of its 7.250% senior notes due 2032 (the "New Notes") at a price of 100.500% of par, plus accrued interest from September 1, 2024, with a yield to worst of 7.104%. The New Notes are being offered as additional notes under that certain indenture, dated February 23, 2014 (the "Indenture"), pursuant to which CNX previously issued $400.0 ...
CNX Resources Corporation Announces Fourth Quarter 2024 Financial Results and Q&A Conference Call Schedule
Prnewswire· 2025-01-07 11:45
PITTSBURGH, Jan. 7, 2025 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2024 at 6:45 a.m. Eastern Time on Thursday, January 30. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q4 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Confere ...
CNX Issues Statement on Section 45V Hydrogen Production Tax Credit Implementation Guidance
Prnewswire· 2025-01-03 21:12
PITTSBURGH, Jan. 3, 2025 /PRNewswire/ -- Today, in response to the issuance of final rules regarding the Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit, CNX Resources Corporation (NYSE: CNX) released the following statement: "The Department of Treasury's recognition of captured waste coal mine methane (CMM) as a feedstock for hydrogen production is validation of its inherent environmental and economic benefits and an important step in continuing to monetize the value of this unique ass ...
All You Need to Know About CNX Resources (CNX) Rating Upgrade to Buy
ZACKS· 2024-12-30 18:01
CNX Resources Corporation. (CNX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...
CNX Announces Strategic Bolt-On Acquisition
Prnewswire· 2024-12-05 11:45
PITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") announced today it has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II, LLC ("Apex"), a portfolio company of funds managed by Carnelian Energy Capital Management, L.P. ("Carnelian"), in the Appalachian Basin for total cash consideration of approximately $505 million, subject to certain adjustments including an effective date of Oc ...
CNX Resources Q3 Earnings Beat Estimates, Revenues Decline Y/Y
ZACKS· 2024-10-25 14:26
CNX Resources Corporation (CNX) reported third-quarter 2024 operating earnings of 41 cents per share, which beat the Zacks Consensus Estimate of 32 cents by 28.1%. The bottom line also increased 17.1% from 35 cents in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Revenues The company reported revenues of $354 million, which missed the Zacks Consensus Estimate of $398 million by 11.1%. The top line also decreased 0.8% from the prior-year quarter's $357 millio ...
CNX Resources(CNX) - 2024 Q3 - Earnings Call Transcript
2024-10-24 17:49
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 - Pickerin ...
CNX Resources(CNX) - 2024 Q3 - Earnings Call Presentation
2024-10-24 15:36
Q3 2024 Update October 24, 2024 Q3 2024 Highlights "The company had another quarter of consistent operational execution resulting in the 19th consecutive quarter of free cash flow generation," commented Nick Deiuliis, president and CEO. "Utilizing this free cash flow, we continued to repurchase shares, and cumulatively, since the inception of the buyback program in 2020, we have retired approximately 36% of our outstanding shares. We believe that our discretionary share repurchase program provides an opport ...