CNX Resources Corporation (CNX) reported fourth-quarter 2023 operating earnings of 68 cents per share, which beat the Zacks Consensus Estimate of 27 cents by 151.9%. In the year-ago quarter, the company reported earnings of $1.64 per share.RevenuesFourth-quarter revenues of $376 million missed the Zacks Consensus Estimate of $391 million by 3.8%. The top line also decreased 9.6% from the prior-year quarter’s level of $416 million. Highlights of the ReleaseThe average selling price in the quarter was $2.57 p ...

For the quarter ended December 2023, CNX Resources Corporation. (CNX) reported revenue of $376 million, down 9.6% over the same period last year. EPS came in at $0.68, compared to $1.64 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $386.79 million, representing a surprise of -2.79%. The company delivered an EPS surprise of +151.85%, with the consensus EPS estimate being $0.27.While investors scrutinize revenue and earnings changes year-over-year and how they compar ...

CNX Resources Corporation. (CNX) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 151.85%. A quarter ago, it was expected that this company would post earnings of $0.26 per share when it actually produced earnings of $0.35, delivering a surprise of 34.62%.Over the last four quarters, t ...

CNX Resources Corporation (CNX) is scheduled to release fourth-quarter 2023 results on Jan 25, before market open. The company delivered an earnings surprise of 34.6% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to NoteCNX Resources’ free cash flow generation and utilization of the same are likely to have helped repurchase shares and reduce debts in the fourth quarter. The systematic buybacks during the quarter are expected ...

MPLX LP (MPLX) is set to report fourth-quarter 2023 earnings on Jan 30, before the opening bell.Let’s delve into the factors that are anticipated to have influenced this pipeline operator’s performance in the to-be-reported quarter. However, it is worth taking a look at MPLX’s previous quarter’s performance first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the partnership’s earnings of 89 cents per unit missed the Zacks Consensus Estimate of 91 cents primarily due to increased ...

mysticenergy CNX Resources Corporation (CNX) is an American independent exploration and production company that focuses on producing natural gas in the Marcellus and Utica shales in the states of Ohio, Pennsylvania, West Virginia, and Virginia: CNX Resources This is generally a good place to be, as the Appalachian Basin is the richest source of natural gas in the United States and one of the richest sources in the world. In addition, the demand for natural gas is expected to grow over the coming years. Unfo ...

CNX Resources Corporation (NYSE:CNX) Q3 2023 Earnings Conference Call October 25, 2023 10:00 AM ET Company Participants Tyler Lewis - VP of IR Nick DeIuliis - President and CEO Alan Shepard - CFO Ravi Srivastava - President of New Technologies Conference Call Participants Bert Donnes - Truist Securities Zach Parham - JPMorgan Leo Mariani - ROTH MKM Michael Scialla - Stephens Inc. Jacob Roberts - TPH John Abbott - Bank of America Merrill Lynch Brian Velie - Capital One Securities Nitin Kumar - Mizuho Operat ...

Q3 2023 Highlights ▪ Free cash flow (FCF)(1) of $19 million, our 15th consecutive quarter of positive FCF generation ‒ Over the last 12 quarters, CNX repurchased approximately 31% of its outstanding shares RESULTS SNAPSHOT(1) 9% 56% Q3 2023 Update October 25, 2023 "The third quarter represented the 15th 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 ...

SECURITIES AND EXCHANGE COMMISSION | --- | --- | --- | |---------------------------------------|---------------------|------------------------------------------------| | | | | | | | | | Title of each class | Trading Symbol(s) | Name of exchange on which registered | | Common Stock ($.01 par value) | CNX | New York Stock Exchange | | Preferred Share Purchase Rights | -- | New York Stock Exchange | PART I FINANCIAL INFORMATION The following are certain terms and abbreviations commonly used in the oil and gas ...

CNX Resources Corporation (NYSE:CNX) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Tyler Lewis - VP, IR Nicholas DeIuliis - President, CEO & Director Navneet Behl - COO Alan Shepard - CFO Ravi Srivastava - President, New Technologies Conference Call Participants Benjamin Parham - JPMorgan Chase & Co. Leo Mariani - ROTH MKM Partners Bertrand Donnes - Truist Securities Michael Scialla - Stephens Inc. John Abbott - Bank of America Merrill Lynch Noel Parks - Tuohy Brothers Oper ...