CNX Resources(CNX)
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Why CNX Resources Corporation. (CNX) is a Top Value Stock for the Long-Term
ZACKS· 2025-01-31 15:40
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]
CNX Resources Corporation (CNX) Q4 2024 Earnings Conference Call Transcript
Seeking Alpha· 2025-01-30 18:11
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 Q4 Earnings Beat Estimates, Revenues Increase Y/Y
ZACKS· 2025-01-30 15:06
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) Q4 Earnings Surpass Estimates
ZACKS· 2025-01-30 14:05
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 ...
CNX Resources(CNX) - 2024 Q4 - Annual Results
2025-01-30 11:47
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 ...
CNX Reports Fourth Quarter Results
Prnewswire· 2025-01-30 11:45
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 ...
CNX Closes Acquisition of Apex Energy
Prnewswire· 2025-01-27 21:20
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 ...
CNX Resources to Report Fourth-Quarter Earnings: What's in Store?
ZACKS· 2025-01-27 15:06
CNX Resources Corporation (CNX) is scheduled to release fourth-quarter 2024 results on Jan. 30, before market open. The company delivered an earnings surprise of 28.1% in the last reported quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Major Factors That May Impact CNX Stock's Q4 ResultsCNX’s ability to generate and use free cash flow might have allowed it to continue to pay down debt and ...
Analysts Estimate CNX Resources Corporation. (CNX) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-01-23 16:07
CNX Resources Corporation. (CNX) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 30, 2025, might help the stock move higher if these key numbers a ...
CNX Resources (CNX) Loses -20.28% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-01-23 15:36
A downtrend has been apparent in CNX Resources Corporation. (CNX) lately with too much selling pressure. The stock has declined 20.3% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical i ...