Group 1 - Elliott Gue is recognized as a leading expert in the energy sector, having dedicated years to understanding its dynamics through various means such as attending industry conferences and engaging with management teams [1] - In 2008, Elliott Gue was acknowledged as "the world's leading energy strategist" during the G-8 Summit in Tokyo, highlighting his expertise and investment acumen [1] - In October 2012, the launch of the Energy & Income Advisor newsletter aimed to identify profitable opportunities in the energy sector, covering a range of investment types including growth stocks and high-yielding utilities [1] Group 2 - The Energy & Income Advisor publication continues to provide in-depth analysis and rational assessments of investment opportunities in the energy sector, maintaining its focus despite changes in the masthead [1]

Core Viewpoint - CNX Resources Corporation (CNX) and Comstock Resources (CRK) are both considered by investors in the Oil and Gas - Exploration and Production sector, with a focus on determining which stock offers better value for investment at present [1]. Valuation Metrics - CNX has a forward P/E ratio of 11.68, while CRK has a forward P/E of 35.89, indicating that CNX may be undervalued compared to CRK [5]. - The PEG ratio for CNX is 0.36, suggesting a favorable valuation relative to its expected earnings growth, whereas CRK has a PEG ratio of 1.60 [5]. - CNX's P/B ratio is 0.96, which is lower than CRK's P/B of 2.40, further supporting the notion that CNX is more attractively valued [6]. Earnings Outlook - Both CNX and CRK currently hold a Zacks Rank of 2 (Buy), indicating a positive earnings outlook due to favorable analyst estimate revisions [3]. - CNX is rated with a Value grade of A, while CRK has a Value grade of C, suggesting that CNX is the superior value option based on various valuation metrics [6].

Core Viewpoint - CNX Resources is currently identified as a strong value stock, supported by various valuation metrics indicating it may be undervalued in the market [3][7]. Valuation Metrics - CNX Resources has a PEG ratio of 0.36, significantly lower than the industry average of 0.98, indicating potential undervaluation [4]. - The company's P/B ratio stands at 0.98, compared to the industry average of 1.87, suggesting an attractive valuation relative to its book value [5]. - CNX's P/CF ratio is 4.75, which is favorable when compared to the industry's average of 6.39, further supporting the notion of undervaluation [6]. Earnings Outlook - The strength of CNX Resources' earnings outlook enhances its position as one of the market's strongest value stocks, making it appealing to value investors [7].

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Style Score focuses on identifying undervalued stocks using metrics like P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score assesses a company's financial strength and future outlook based on projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score evaluates stocks based on price trends and earnings outlook changes, indicating optimal times to invest in high-momentum stocks [5] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive indicator for stock selection [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Selection Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10] - Stocks with a 3 (Hold) rank should also have A or B Style Scores to ensure potential upside [10] CNX Resources Corporation - CNX Resources Corporation is an independent oil and gas exploration and production company, rated 2 (Buy) on the Zacks Rank with a VGM Score of B [12] - The company has a Value Style Score of A, with a forward P/E ratio of 11.68, indicating attractive valuation metrics [13] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate by $0.55 to $2.36 per share, with an average earnings surprise of 29.8% [13]

Group 1 - CNX Resources Corporation held its Fourth Quarter 2024 Earnings Conference Call on January 30, 2025, at 10:00 AM ET [1] - The call featured key company participants including the Vice President of Investor Relations, President and CEO, Chief Financial Officer, Chief Operating Officer, and President of New Technologies [1][5] - An updated slide presentation and detailed earnings release data were made available on the Investor Relations website prior to the call [4] Group 2 - The conference call was structured to focus exclusively on Q&A following a brief presentation [2][3] - Participants in the call included analysts from various financial institutions such as TD Cowen, JPMorgan, and Bank of America [1]

CNX Resources Corporation (CNX) reported fourth-quarter 2024 operating earnings of 57 cents per share, which beat the Zacks Consensus Estimate of 43 cents by 32.6%. However, the bottom line decreased 16.2% from 68 cents in the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.CNX’s RevenuesThe company reported revenues of $386 million, which missed the Zacks Consensus Estimate of $411 million by 6.2%. However, the top line increased 2.7% from the prior-year quarter’s $3 ...

CNX Resources Corporation. (CNX) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.56%. A quarter ago, it was expected that this company would post earnings of $0.32 per share when it actually produced earnings of $0.41, delivering a surprise of 28.13%.Over the last four quarters, th ...

4Q 2024 Earnings Results & Supplemental Information of CNX Resources | TABLE OF CONTENTS: Page: | | | --- | --- | | Production Volumes and Activity Summary | 2 | | Hedge Volumes and Pricing… | 3 | | Hedging Gain/Loss Projections and Actuals | 4 | | Consolidated Statements of Income | 5 | | Consolidated Balance Sheets | 6 | | Consolidated Statements of Cash Flows… | 7 | | Market Mix and Natural Gas Price Reconciliation… | 8 | | Price and Cost Data (Per Mcfe) | 9 | | Guidance | 10 | | Definitions | 11 | | Sal ...

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.Fourth quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations ...

PITTSBURGH, Jan. 27, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") announced today it has closed the acquisition of 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 October 1, 2024. This ...