CNX Resources (NYSE:CNX – Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
CNX Resources (NYSE:CNX – Get Free Report) last issued its quarterly earnings results on Thursday, January 25th. The oil and gas producer reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $2.59. The firm had revenue of $999.50 million during the quarter, compared to analysts’ expectations of $401.62 million. CNX Resources had a net margin of 50.34% and a return on equity of 9.00%. CNX Resources’s quarterly revenue was down 38.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.64 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 Stock Up 0.4 %
Shares of NYSE:CNX opened at $24.10 on Tuesday. The stock has a market cap of $3.69 billion, a P/E ratio of 2.65 and a beta of 1.33. The firm has a fifty day moving average price of $22.24 and a 200 day moving average price of $21.36. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.51 and a quick ratio of 0.49. CNX Resources has a 1-year low of $14.36 and a 1-year high of $24.82.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on CNX
Insider Transactions at CNX Resources
In other news, EVP Timothy Scott Bedard sold 1,226 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $20.83, for a total value of $25,537.58. Following the completion of the sale, the executive vice president now owns 67,982 shares in the company, valued at approximately $1,416,065.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 4.65% of the company’s stock.
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.
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