CNX Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas properties primarily in the Appalachian Basin. It operates through two segments, Shale and Coalbed Methane. The company produces and sells pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 524,000 net Marcellus Shale acres; and 610,000 net acres of Utica Shale, as well as rights to extract natural gas from other shale and shallow oil and gas positions from approximately 1,017,000 in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. It also owns rights to extract coalbed methane (CBM) in Virginia from approximately 283,000 net CBM acres, as well as 1,896,000 net CBM acres in West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company owns, operates, and develops natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. CNX Resources Corporation also offers gas gathering and water delivery solutions to third-parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is headquartered in Canonsburg, Pennsylvania.
IPO Year: 1999
Exchange: NYSE
Website: cnx.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | $34.00 | Underperform | BofA Securities |
| 10/28/2024 | $38.00 → $34.00 | Buy → Hold | Truist |
| 10/14/2024 | $25.00 | Overweight → Equal Weight | CapitalOne |
| 10/1/2024 | Hold → Sell | Tudor, Pickering, Holt & Co. | |
| 8/15/2024 | $22.00 → $20.00 | Neutral → Underweight | Piper Sandler |
| 1/5/2024 | $23.00 | Underperform → Neutral | BofA Securities |
| 1/3/2024 | Underperform → Neutral | Mizuho | |
| 12/4/2023 | $20.00 → $27.00 | Hold → Buy | Truist |
| 9/13/2023 | Sector Perform → Sector Underperform | Scotiabank | |
| 4/25/2023 | $17.00 | Equal-Weight | Stephens |
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
PITTSBURGH, Oct. 24, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today released financial and operational results for the third quarter 2024 by posting those results on its website as detailed below. The company's third quarter prepared remarks can be accessed by clicking here. Third quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemental
ST. LOUIS and CANONSBURG, Pa., Oct. 14, 2024 /PRNewswire/ -- Arch Resources, Inc. ("Arch") (NYSE:ARCH) and CONSOL Energy Inc. ("CONSOL") (NYSE:CEIX) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in relation to the pending combination of CONSOL and Arch expired at 11:59 p.m. Eastern Time on October 11, 2024. The expiration of the waiting period under the HSR Act is one of the conditions to the closing of the pending combination. Completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by both companies' stockholders.
PITTSBURGH, Oct. 3, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE:CNX) will announce its financial results for Q3 2024 at 6:45 a.m. Eastern Time on Thursday, October 24. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q3 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Conference Call Information CNX Resources (NYSE:CNX) 10:00 a.m. ET: Thursday, October 24Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investo
WhiteHawk closes acquisition of additional Marcellus Shale natural gas mineral and royalty assets adding interests in approximately 435,000 gross unit acres Acquisition expands WhiteHawk's natural gas mineral and royalty ownership into West Virginia, adding Antero Resources as a key operator Acquisition generates cash flow from over 1,200 wells, more than 600 of which are new to WhiteHawk's ownership interest WhiteHawk now owns natural gas mineral and royalty interests across approximately 1,050,000 gross unit acres in the core of the Marcellus and Haynesville Shales with interests in over 3,400 producing wells WhiteHawk Energy, LLC ("WhiteHawk" or the "Company") announced today th
Company urges industry peers to adopt Radical Transparency ™ across all Pennsylvania natural gas development and processing operations Radical Transparency ™ objective, measured data contradicts loose statistical associations contained in University of Pittsburgh Health Study PITTSBURGH, Aug. 14, 2024 /PRNewswire/ -- The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk, CNX Resources (NYSE:CNX) announced in its first Radical Transparency ™ assessment report released today. Through the Radical Transparency ™ program – a first
PITTSBURGH, July 25, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today released financial and operational results for the second quarter 2024 by posting those results on its website as detailed below. The company's second quarter prepared remarks can be accessed by clicking here. Second quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemen
PITTSBURGH, July 3, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE:CNX) will announce its financial results for Q2 2024 at 6:45 a.m. Eastern Time on Thursday, July 25. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q2 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Conference Call Information CNX Resources (NYSE:CNX) 10:00 a.m. ET: Thursday, July 25Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investors.cnx.
2023 Report Details Progress Towards Unique Appalachia First Sustainability Goals Generating Long-term Value for Shareholders, Employees, and Appalachian Region PITTSBURGH, June 5, 2024 /PRNewswire/ -- Today, CNX Resources Corp. (NYSE:CNX) published its thirteenth annual Corporate Sustainability Report, Radical Transparency, highlighting how the Company's distinct corporate strategy and investment approach continues to deliver material results for all stakeholder groups across the Appalachian region and beyond. "The 160-year legacy of CNX is rooted in being thoughtfully innovative, and that innovative spirit has shaped our unique Tangible, Impactful, Local ESG effort which is summarized in t
PITTSBURGH, April 25, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today released financial and operational results for the first quarter 2024 by posting those results on its website as detailed below. The company's first quarter prepared remarks can be accessed by clicking here. First quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplementa
New entity, operated by Deep Well Services, to leverage CNX proprietary technology along with Deep Well's domain expertise to provide industry leading automation solutionsCollaboration creates efficiencies in the flowback process that lowers costs, improves safety, reduces environmental impact, and minimizes associated methane emissionsZELIENOPLE, Pa. and PITTSBURGH, April 24, 2024 /PRNewswire/ -- Deep Well Services (DWS) and CNX Resources Corp. (NYSE:CNX) today announced a joint venture to launch AutoSepSM Technologies (AutoSep), a new oilfield service company providing step change improvement to conventional flowback operations. The new entity will benefit from the technological developmen
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10-Q - CNX Resources Corp (0001070412) (Filer)
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10-Q - CNX Resources Corp (0001070412) (Filer)
8-K - CNX Resources Corp (0001070412) (Filer)
8-K - CNX Resources Corp (0001070412) (Filer)
8-K - CNX Resources Corp (0001070412) (Filer)
10-Q - CNX Resources Corp (0001070412) (Filer)
8-K - CNX Resources Corp (0001070412) (Filer)
DEFA14A - CNX Resources Corp (0001070412) (Filer)
ARS - CNX Resources Corp (0001070412) (Filer)
BofA Securities resumed coverage of CNX Resources with a rating of Underperform and set a new price target of $34.00
Truist downgraded CNX Resources from Buy to Hold and set a new price target of $34.00 from $38.00 previously
CapitalOne downgraded CNX Resources from Overweight to Equal Weight and set a new price target of $25.00
Tudor, Pickering, Holt & Co. downgraded CNX Resources from Hold to Sell
Piper Sandler downgraded CNX Resources from Neutral to Underweight and set a new price target of $20.00 from $22.00 previously
BofA Securities upgraded CNX Resources from Underperform to Neutral and set a new price target of $23.00
Mizuho upgraded CNX Resources from Underperform to Neutral
Truist upgraded CNX Resources from Hold to Buy and set a new price target of $27.00 from $20.00 previously
Scotiabank downgraded CNX Resources from Sector Perform to Sector Underperform
Stephens initiated coverage of CNX Resources with a rating of Equal-Weight and set a new price target of $17.00
CNX Resources (NYSE:CNX) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.28 by 28.57 percent. This is a 20 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $346.000 million which missed the analyst consensus estimate of $372.665 million by 7.16 percent. This is a 2.67 percent increase over sales of $337.000 million the same period last year.
Truist Securities analyst Bertrand Hodee maintains CNX Resources (NYSE:CNX) with a Buy and raises the price target from $30 to $31.
Stephens & Co. analyst Mike Scialla reiterates CNX Resources (NYSE:CNX) with a Equal-Weight and maintains $27 price target.
Mizuho analyst Nitin Kumar maintains CNX Resources (NYSE:CNX) with a Neutral and raises the price target from $25 to $29.
- Conf Call
Partnership combines engineering innovation, technology, and natural gas assets to revolutionize the CNG and micro-scale LNG industriesCNX achieves first-of-its-kind ZeroHP CNG™ production at scale on pad in Southwestern Pennsylvania, catalyzing Company entry into downstream energy markets with leading, innovative technology solutionsZero Horsepower (ZeroHP) CNG creates decentralized CNG production market to better meet growing demand for clean, affordable energyLow Horsepower, Clean mLNG™ advances cost-effective and lower emissions production of small-scale LNGCENTER, Texas and PITTSBURGH, April 22, 2024 /PRNewswire/ -- NuBlu Energy (NuBlu), a leading Engineering, Procurement, and Construct
PITTSBURGH, Oct. 24, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today released financial and operational results for the third quarter 2024 by posting those results on its website as detailed below. The company's third quarter prepared remarks can be accessed by clicking here. Third quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemental
PITTSBURGH, Oct. 3, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE:CNX) will announce its financial results for Q3 2024 at 6:45 a.m. Eastern Time on Thursday, October 24. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q3 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Conference Call Information CNX Resources (NYSE:CNX) 10:00 a.m. ET: Thursday, October 24Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investo
PITTSBURGH, July 25, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today released financial and operational results for the second quarter 2024 by posting those results on its website as detailed below. The company's second quarter prepared remarks can be accessed by clicking here. Second quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemen
PITTSBURGH, July 3, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE:CNX) will announce its financial results for Q2 2024 at 6:45 a.m. Eastern Time on Thursday, July 25. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q2 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Conference Call Information CNX Resources (NYSE:CNX) 10:00 a.m. ET: Thursday, July 25Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investors.cnx.
PITTSBURGH, April 25, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today released financial and operational results for the first quarter 2024 by posting those results on its website as detailed below. The company's first quarter prepared remarks can be accessed by clicking here. First quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplementa
PITTSBURGH, April 3, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE:CNX) will announce its financial results for Q1 2024 at 6:45 a.m. Eastern Time on Thursday, April 25. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q1 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Conference Call Information CNX Resources (NYSE:CNX) 10:00 a.m. ET: Thursday, April 25Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investors.
Company's Unique Tangible, Impactful, Local Approach to Community Investment Continues to Evolve and Expand CNX CEO Compensation Reduction for 2024 to be Invested into Mentorship Academy Expansion, Community Directed Projects within CNX Operational Footprint, and Expansion of Existing Community Partnerships in Underserved Rural and Urban Communities PITTSBURGH, Feb. 21, 2024 /PRNewswire/ -- Building on the CNX Foundation and Mentorship Academy's record of success in making a substantive difference on the complex issues facing the region, CNX's (NYSE:CNX) Board of Directors and Nick Deiuliis, President and CEO of the Company, today announced that the Board approved Mr. Deiuliis' request to ma
PITTSBURGH, Jan. 25, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today released financial and operational results for the fourth quarter 2023 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 can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemen
PITTSBURGH, Jan. 4, 2024 /PRNewswire/ -- CNX Resources Corp. (NYSE:CNX) will announce its financial results for Q4 2023 at 6:45 a.m. Eastern Time on Thursday, January 25. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q4 2023 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Conference Call Information CNX Resources (NYSE:CNX) 10:00 a.m. ET: Thursday, January 25Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investor
PITTSBURGH, Oct. 4, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE:CNX) will announce its financial results for Q3 2023 at 6:45 a.m. Eastern Time on Wednesday, October 25. At that time, CNX will issue a brief press release containing a link to presentation materials providing a Q3 2023 update, which will be available on CNX's Investor Relations website. This release will be followed by a conference call and webcast. Conference Call InformationCNX Resources (NYSE:CNX) 10:00 a.m. ET: Wednesday, October 25Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investors.cnx.comA replay of the conference call and webcast will be maintained on the Inves
Company urges industry peers to adopt Radical Transparency ™ across all Pennsylvania natural gas development and processing operations Radical Transparency ™ objective, measured data contradicts loose statistical associations contained in University of Pittsburgh Health Study PITTSBURGH, Aug. 14, 2024 /PRNewswire/ -- The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk, CNX Resources (NYSE:CNX) announced in its first Radical Transparency ™ assessment report released today. Through the Radical Transparency ™ program – a first
HOMER CITY, Pa., Feb. 27, 2024 /PRNewswire/ -- Today, Chemstream Inc., in conjunction with CNX Resources Corporation (NYSE:CNX), announced it has become the first service provider to fully comply with the historic Radical Transparency initiative, which was launched as part of the collaboration between CNX and Pennsylvania Governor Josh Shapiro's Administration in November 2023. Across the company, Chemstream, a leading specialty chemical manufacturing and distribution company that supports a wide range of industries, has been working to ensure their robust chemical additive di
PITTSBURGH, Dec. 1, 2023 /PRNewswire/ -- CNX Resources Corporation (NYSE:CNX) ("CNX" or "the company") today announced that Timothy S. Bedard will join the company this month as Executive Vice President, General Counsel, and Corporate Secretary. Most recently, Mr. Bedard served as the head of legal for Visa's Value Added Services business where he led a team of lawyers and legal professionals responsible for all legal and regulatory issues related to Visa's Value Added Services. Prior to his Value Added Services role, he served as Visa's chief intellectual property (IP) counsel where he led a worldwide team of lawyers and IP professionals responsible for IP licensing, patent litigation, tech
CANONSBURG, Pa., Jan. 23, 2023 /PRNewswire/ -- CONSOL Energy Inc. (NYSE:CEIX), a leading producer and exporter of high-Btu power-generating, industrial and metallurgical coals, announced the promotion of Mitesh B. Thakkar to the position of President in addition to his current role as Chief Financial Officer. This promotion is being made as part of the company's long-term succession planning process. "Today's announcement reflects the confidence that the board and I have in Mitesh's leadership and his ability to play a broader and more strategic role in the future growth of CO
3 - CNX Resources Corp (0001070412) (Issuer)
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4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)
4 - CNX Resources Corp (0001070412) (Issuer)