CNX Resources (CNX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Financial Performance - For the quarter ended March 2025, CNX Resources Corporation reported revenue of $441 million, which is a 15.8% increase compared to the same period last year [1] - The earnings per share (EPS) for the quarter was$ 0.78, up from $0.45 in the year-ago quarter [1] - The reported revenue was below the Zacks Consensus Estimate of$ 492.42 million, resulting in a surprise of -10.44% [1] - The company delivered an EPS surprise of +21.88%, with the consensus EPS estimate being $0.64 [1] Key Metrics - CNX Resources' shares have returned -3.8% over the past month, compared to the Zacks S&P 500 composite's -5.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3] Price and Production Metrics - NGLs gross price was$ 26.52, exceeding the six-analyst average estimate of $22.95 [4] - Oil/Condensate gross price was$ 57.66, above the four-analyst average estimate of $54.76 [4] - Average sales price for natural gas was$ 3.66, compared to the four-analyst average estimate of $3.42 [4] - Average daily production was 1,642.3 Mcfe/D, slightly below the four-analyst average estimate of 1,653.45 Mcfe/D [4] - Total production volumes reached 147.8 Bcfe, compared to the 148.81 Bcfe average estimate based on four analysts [4] - Realized natural gas price per Mcf was$ 2.86, exceeding the four-analyst average estimate of $2.75 [4] - Natural gas sales volume was 135.41 MMcf, slightly below the three-analyst average estimate of 136.55 MMcf [4] - Oil/Condensate sales volume was 33 MBBL, significantly lower than the three-analyst average estimate of 47.62 MBBL [4] - NGL sales volume was 2,034 MBBL, below the three-analyst average estimate of 2,129.59 MBBL [4]