CNX Resources (NYSE:CNX – Get Free Report) will announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
CNX Resources (NYSE:CNX – Get Free Report) last posted its earnings results on Thursday, January 25th. The oil and gas producer reported $2.89 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $2.59. The company 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 revenue for the quarter was down 38.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.64 earnings per share. 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 Trading Up 0.4 %
NYSE CNX opened at $24.10 on Tuesday. The company has a fifty day simple moving average of $22.24 and a two-hundred day simple moving average of $21.36. The stock has a market cap of $3.69 billion, a P/E ratio of 2.65 and a beta of 1.33. CNX Resources has a 12-month low of $14.36 and a 12-month high of $24.82. The company has a current ratio of 0.51, a quick ratio of 0.49 and a debt-to-equity ratio of 0.43.
Wall Street Analyst Weigh In
Read Our Latest Research Report on CNX
Insider Transactions at CNX Resources
In related 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 transaction of $25,537.58. Following the sale, the executive vice president now owns 67,982 shares in the company, valued at $1,416,065.06. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 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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