CNX Resources (NYSE:CNX – Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect CNX Resources to post earnings of $0.31 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
CNX Resources (NYSE:CNX – Get Free Report) last released its earnings results on Thursday, July 25th. The oil and gas producer reported $0.36 EPS for the quarter, beating the consensus estimate of $0.27 by $0.09. The firm had revenue of $321.44 million for the quarter, compared to analysts’ expectations of $387.46 million. CNX Resources had a return on equity of 7.51% and a net margin of 26.64%. During the same quarter in the previous year, the business posted $0.29 EPS. On average, analysts expect CNX Resources to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
CNX Resources Price Performance
Shares of CNX opened at $35.44 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.41 and a debt-to-equity ratio of 0.46. CNX Resources has a twelve month low of $19.07 and a twelve month high of $36.96. The stock has a market capitalization of $5.43 billion, a P/E ratio of 6.42 and a beta of 1.38. The company has a 50 day moving average of $30.11 and a 200-day moving average of $26.66.
Analyst Upgrades and Downgrades
View Our Latest Analysis on CNX Resources
Insider Activity at CNX Resources
In other CNX Resources news, Director Bernard Lanigan, Jr. purchased 75,000 shares of the business’s stock in a transaction on Monday, September 9th. The stock was acquired at an average price of $26.81 per share, with a total value of $2,010,750.00. Following the acquisition, the director now directly owns 401,820 shares of the company’s stock, valued at $10,772,794.20. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 3.10% of the stock is owned by company insiders.
CNX Resources Company Profile
CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers.
Recommended Stories
- Five stocks we like better than CNX Resources
- 10 Best Airline Stocks to Buy
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- Why is the Ex-Dividend Date Significant to Investors?
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Receive News & Ratings for CNX Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNX Resources and related companies with MarketBeat.com's FREE daily email newsletter.