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CNX Resources (CNX)
NYSE:CNX
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.64Last Year’s EPS
0.46Same Quarter Last Year
Moderate Sell
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: -5.00%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights a strong buyback program, better-than-expected Apex wells performance, and strategic positioning validated by recent M&A activity. However, there is concern due to declining NYMEX and NGL pricing and unexpected cash tax payments. Despite these challenges, effective hedging strategies provide some financial stability.Company Guidance
During the CNX Resources Q1 2025 Q&A conference call, several key metrics and operational insights were disclosed. The company reported a significant number of turn-in-lines (TILs) in Q1, with expectations of additional TILs in Q2 and Q4, leading to a production trajectory that may decline into the second half of 2025 and possibly into 2026. Despite fluctuations in NYMEX and NGL pricing and widened natural gas differentials, CNX maintained its free cash flow guidance, leveraging an 85% hedge on its volumes. The company executed a robust $125 million buyback in Q1, highlighting its strategic capital allocation approach. Additionally, new activity in the Southwest Central PA area, such as power generation and data center projects, could boost in-basin demand, with CNX expressing optimism about future developments.Robust Share Buyback Program
CNX executed a significant share buyback of $125 million in the first quarter, indicating confidence in the company's valuation and future prospects.
Apex Wells Performance
The eight wells brought online from Apex are performing better than expected, providing optimism about long-term production.
High Hedge Coverage
CNX is 85% hedged for the year, which provides stability and reduces exposure to volatile market prices.
Positive M&A Environment
Recent M&A activity in Westmoreland validates CNX's strategic positioning in a highly regarded area of the basin.
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CNX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CNX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | $30.59 | $29.06 | -5.00% |
| Jan 30, 2025 | $27.82 | $27.51 | -1.11% |
| Oct 24, 2024 | $35.85 | $37.20 | +3.77% |
| Jul 25, 2024 | $24.89 | $25.01 | +0.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CNX Resources (CNX) report earnings?
CNX Resources (CNX) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is CNX Resources (CNX) earnings time?
CNX Resources (CNX) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNX EPS forecast?
CNX EPS forecast for the fiscal quarter 2025 (Q1) is 0.64.
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