CNX Resources(CNX)
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CNX Resources to Report Q2 Earnings: What's in Store for the Stock?
ZACKS· 2025-07-21 13:31
Core Viewpoint - CNX Resources Corporation is set to release its second-quarter 2025 results on July 24, with expectations of continued growth driven by recent acquisitions and operational strategies [1][2]. Group 1: Upcoming Results Expectations - The company is anticipated to benefit from the acquisition of Apex Energy, which is expected to enhance production capacity and free cash flow per share [2][3]. - The Zacks Consensus Estimate for earnings is 38 cents per share, reflecting a year-over-year increase of 5.6% [4]. - Revenue estimates are projected at $456.5 million, indicating a year-over-year increase of 31.9% [4]. Group 2: Production and Pricing Insights - Total production volumes are expected to reach 158.66 billion cubic feet equivalent, up 18.4% year over year [4]. - The average natural gas sales price is estimated to rise by 85.6% year over year to $2.97 per thousand cubic feet equivalent [5]. - However, the realized natural gas price is projected to decrease by 2.4% to $2.45 per thousand cubic feet [5]. Group 3: Financial Strategy and Performance - The company's focus on technology development and strategic use of free cash flow is expected to support long-term value creation [3][8]. - The ability to generate free cash flow may allow CNX to reduce debt and repurchase shares, positively impacting its bottom line [3][8]. - Despite these positive indicators, the Earnings ESP is -13.38%, suggesting a lower likelihood of an earnings beat this quarter [6].
CNX Resources Corporation. (CNX) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-07-17 15:01
Core Viewpoint - CNX Resources Corporation is expected to report a year-over-year increase in earnings and revenues for the quarter ended June 2025, with the consensus outlook being crucial for assessing the company's earnings picture [1][2]. Earnings Expectations - The upcoming earnings report is anticipated to be released on July 24, with expected earnings of $0.38 per share, reflecting a +5.6% year-over-year change, and revenues projected at $446.7 million, which is a 29.1% increase from the previous year [3][2]. - The consensus EPS estimate has been revised 3.9% lower over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Potential - The Most Accurate Estimate for CNX Resources is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +27.51%, suggesting a strong likelihood of beating the consensus EPS estimate [12]. - The company has a Zacks Rank of 3, indicating a hold position, which combined with the positive Earnings ESP suggests a favorable outlook for the upcoming earnings report [12]. Historical Performance - In the last reported quarter, CNX Resources exceeded the expected earnings of $0.64 per share by delivering $0.78, resulting in a surprise of +21.88% [13]. - The company has consistently beaten consensus EPS estimates over the last four quarters [14]. Industry Context - Matador Resources, another player in the Oil and Gas - Exploration and Production - United States industry, is expected to post earnings of $1.29 per share for the same quarter, indicating a year-over-year decline of -37.1%, with revenues expected to be $916.99 million, up 8.3% from the previous year [18][19]. - Matador has an Earnings ESP of +12.02% and has also beaten consensus EPS estimates in the last four quarters, similar to CNX Resources [20].
Callinex Mines Inc. Receives $150,000 Grant and Additional Exploration Permits for Point Leamington Project, Newfoundland
Globenewswire· 2025-07-15 12:30
Core Insights - Callinex Mines Inc. has received a grant of up to $150,000 from the Newfoundland and Labrador Junior Exploration Assistance (JEA) Program for its Point Leamington Project, which is 100% owned by the company [2][8] - The company has also secured additional exploration permits for the Point Leamington Project, which includes a significant resource of gold, copper, zinc, and silver [2][4] - The rapid approval of permits, granted just two weeks after submission, highlights Newfoundland's reputation as a mining-friendly jurisdiction [3][8] Company Developments - The JEA grant will support Callinex's 2025 exploration plans, focusing on critical minerals and expanding the resource base of the Point Leamington Deposit [3][6] - The Point Leamington Project has an Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq, and an Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq, totaling 986,500 ounces AuEq [4][8] - The planned exploration campaign will utilize a two-year exploration permit for ground geophysics and diamond drilling, along with newly approved permits for surface field exploration [5][8] Industry Context - The JEA Program's financial support and efficient permitting process reflect Newfoundland and Labrador's commitment to fostering exploration and development of critical mineral resources [6][8] - Callinex Mines is positioned in one of the richest VMS and Gold Districts in Canada, enhancing its potential for significant mineral discoveries [9]
CNX Resources Corporation Announces Second Quarter 2025 Financial Results and Q&A Conference Call Schedule
Prnewswire· 2025-07-03 10:45
Financial Results Announcement - CNX Resources Corp. will announce its financial results for Q2 2025 on July 24 at 6:45 a.m. Eastern Time [1] - A brief press release will be issued containing links to prepared remarks, presentation materials, and supplemental information [1] Q&A Conference Call - Following the financial results announcement, a Q&A conference call and webcast will take place [1] - A replay of the Q&A conference call and webcast will be available on CNX's Investor Relations page [2] Company Overview - CNX Resources Corporation is a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company based in Appalachia [3] - The company has a 161-year regional legacy and substantial asset base, with 8.54 trillion cubic feet equivalent of proved natural gas reserves as of December 31, 2024 [3] - CNX is a member of the Standard & Poor's Midcap 400 Index [3]
Why CNX Resources Corporation. (CNX) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-06-23 14:56
Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to enhance investment confidence [1][2] - The service aims to help investors identify stocks with the highest chances of outperforming the market over the next 30 days through the Zacks Style Scores [2][10] Group 2: Zacks Style Scores - Zacks Style Scores rate stocks using an alphabetic system (A, B, C, D, F) based on value, growth, and momentum qualities, with higher scores indicating a better chance of outperforming the market [3][6] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Group 3: Zacks Rank and Performance - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to assist in portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the best chances of high returns [10][11] Group 4: Company Spotlight - CNX Resources Corporation - CNX Resources Corporation is an independent oil and gas exploration and production company, currently holding a Zacks Rank of 3 (Hold) and a VGM Score of A [12] - The company has a Momentum Style Score of B, with shares increasing by 8.7% over the past four weeks, and an upward revision in earnings estimates for fiscal 2025 [13]
Callinex Received 2-Year Exploration Permit for Pt. Leamington Project, Newfoundland
Globenewswire· 2025-06-12 12:30
Core Viewpoint - Callinex Mines Inc. has received a two-year exploration permit for its Pt. Leamington Project, allowing for immediate exploration activities aimed at expanding the existing mineral resource and testing new targets [2][3][8]. Company Overview - Callinex Mines Inc. is focused on advancing its portfolio of base and precious metals deposits in established Canadian mining jurisdictions, with a significant emphasis on the Pt. Leamington Deposit in Newfoundland [9]. Exploration Permit Details - The exploration permit is valid until June 2027 and enables ground geophysics and diamond drilling at the Pt. Leamington VMS Deposit [3][8]. - Additional exploration permits have been submitted for a planned 2025 surface field exploration campaign, which includes prospecting, geological mapping, and geochemical rock sampling [3][8]. Project Specifications - The Pt. Leamington Project is located approximately 37 km from Grand Falls-Windsor and 20 km from the provincial power grid, featuring a large VMS deposit with a strike length of 500 m and a maximum thickness of 85 m [5]. - The project has an Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, equating to 402,000 ounces of AuEq, and an Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq, equating to 986,500 ounces of AuEq [5][9]. Exploration Plans - An exploration campaign is anticipated to begin in Q3 2025, focusing on expanding the current resource base and refining targets generated from airborne electromagnetic anomalies [4][6][8]. - The company has identified several untested geophysical anomalies within favorable geological units for further exploration [6]. Government Support - The streamlined permitting process reflects strong government and local support for mining activities in Newfoundland, enhancing the region's reputation as a tier one mining jurisdiction [4][8].
CNX Announces Promotion of Alan Shepard to President
Prnewswire· 2025-06-12 10:45
Core Viewpoint - CNX Resources Corporation has promoted Alan Shepard to President while retaining his role as Chief Financial Officer, reflecting the company's confidence in his leadership and contributions to future growth [2]. Group 1: Leadership Changes - Alan Shepard has been promoted to President in addition to his current role as Chief Financial Officer [1][2]. - The Board of Directors unanimously approved this promotion, indicating strong support for Shepard's leadership [2]. Group 2: Company Vision and Strategy - CEO Nick Deiuliis emphasized the opportunity for CNX to create per-share value and positively impact Appalachian communities [2]. - The promotion of Shepard is seen as a recognition of his integral role in developing and executing CNX's sustainable business model and capital allocation approach [2]. Group 3: Company Overview - CNX Resources Corporation is a premier natural gas company focused on ultra-low carbon intensive development, production, and technology in Appalachia [3]. - As of December 31, 2024, CNX had 8.54 trillion cubic feet equivalent of proved natural gas reserves, showcasing its substantial asset base [3].
Here's Why CNX Resources Corporation. (CNX) is a Strong Value Stock
ZACKS· 2025-06-03 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...
Free Cash Flow Grows At CNX, Despite Current Challenges
Seeking Alpha· 2025-05-16 14:22
Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta, Canada, Robert has earned Bachelor of Arts and Master of Business Administration (MBA) degrees.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the co ...
CNX Releases Updated 2024 Corporate Sustainability Report, Announces Shift to Industry-Leading ESG Reporting
Prnewswire· 2025-05-14 10:45
Core Insights - CNX Resources Corporation has released its updated Corporate Sustainability Report for 2024, emphasizing a shift from static annual reports to continuous updates on its website and quarterly ESG Performance Scorecard data [1][2] Environmental Stewardship - CNX has achieved significant milestones in compressed natural gas (CNG) usage, reducing emissions by 30% and operating costs by 50% through the deployment of CNG-fueled water-hauling trucks [4] - The company reported a nearly 30% reduction in methane intensity in its production segment compared to 2023, supported by a $5 million investment in new technologies [5] - CNX captured approximately 9.1 million metric tons of waste methane CO₂e, which is recognized by the U.S. Treasury for its potential in clean hydrogen production [5] Water Stewardship - In 2024, CNX recycled and reused more produced water than it generated, minimizing freshwater consumption and reducing the need for water transportation in local communities [6] Community and Workforce Engagement - CNX opened a new office in North Apollo, enhancing access for local residents and businesses, and established a regional headquarters in Richlands, Virginia, to support mine methane capture operations [8][9] - The company completed the $20 million Kiski Water Line project, improving water resource options for local residents and reducing community impact [10] Commitment to Transparency - CNX's Radical Transparency program includes continuous monitoring of emissions, with data shared in real-time with stakeholders and the Pennsylvania Department of Environmental Protection [5][10] - The company has committed to providing real-time updates on its ESG performance, reinforcing its dedication to transparency and accountability [13] Community Investments - In 2024, CNX Foundation contributed $3.7 million through 144 initiatives focused on community support, with employees volunteering over 3,500 hours [11] - The CNX Mentorship Academy saw a 44% increase in student participation, with over half of the graduates securing employment or internships in targeted industries [11]