CNX Resources Corporation (NYSE:CNX) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Tyler Lewis - Vice President, Investor Relations Nick DeIuliis - President & Chief Executive Officer Alan Shepard - Chief Financial Officer Navneet Behl - Chief Operating Officer Ravi Srivastava - President, New Technologies Group Conference Call Participants Zach Parham - JPMorgan Leo Mariani - Roth MKM Bertrand Donnes - Truist Jake Roberts - TPH & Company Operator Good morning, and welcome ...

▪ Free cash flow (FCF)(1) of $25 million, our 17th consecutive quarter of positive FCF generation $25MM 57% Q1 2024 Update April 25, 2024 ▪ Repurchased 2.6 million shares on the open market in Q1 at an average price of $20.13 per share for a total cost of $52 million and another 0.1 million shares from 4/1/2024- 4/11/2024 at an average price of $23.99 for a total cost of $3 million Q1 Free Cash Flow 2024E Cash Operating Margin Q1 2024 Fully Burdened Cash Costs, before DD&A 2 2 $129 $21 $121 $85 $101 $117 $1 ...

UNITED STATES __________________________________________________ FORM 10-Q __________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-14901 __________________________________________________ CNX Resources Corporation ...

CNX Resources Corporation (CNX) reported first-quarter 2024 operating earnings of 45 cents per share, which beat the Zacks Consensus Estimate of 36 cents by 25%. However, it is down 19.6% from 56 cents per share in the year-ago quarter.RevenuesFirst-quarter revenues of $381 million missed the Zacks Consensus Estimate of $420 million by 9.3%. The top line also decreased 3.5% from the prior-year quarter’s $395 million. Highlights of the ReleaseThe average selling price in the quarter was $2.71 per thousand cu ...

TABLE OF CONTENTS: Page: Gas Hedging Gain/Loss Projections and Actuals.............................................................................................................. 4 Consolidated Balance Sheets............................................................................................................................................ 6 Market Mix and Natural Gas Price Reconciliation….......................................................................................................... 8 Ye ...

New entity, operated by Deep Well Services, to leverage CNX proprietary technology along with Deep Well's domain expertise to provide industry leading automation solutions Collaboration creates efficiencies in the flowback process that lowers costs, improves safety, reduces environmental impact, and minimizes associated methane emissions ZELIENOPLE, Pa. and PITTSBURGH, April 24, 2024 /PRNewswire/ -- Deep Well Services (DWS) and CNX Resources Corp. (NYSE: CNX) today announced a joint venture to launch AutoS ...

Partnership combines engineering innovation, technology, and natural gas assets to revolutionize the CNG and micro-scale LNG industries CNX 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 solutions Zero Horsepower (ZeroHP) CNG creates decentralized CNG production market to better meet growing demand for clean, affordable energy Low Horsepower, Clean mLNG™ advances cost- ...

CNX Resources Corporation (CNX) is scheduled to release first-quarter 2024 results on Apr 25, before market open. The company delivered an earnings surprise of 151.9% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderCNX Resources’ free cash flow generation and utilization of the same are likely to have helped repurchase shares and reduce debts in the first quarter. The systematic buybacks during the quarter are expect ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering CNX Resources Corporation. (CNX) , which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 93.23%.For the last reported quarter, CNX ...

PITTSBURGH, April 9, 2024 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) today announced that it is nearing completion of its Kiski Water Line project, which will serve the Company's local operational needs, reduce the local impact of natural gas development, and potentially optimize regional water resources by providing additional reliable water infrastructure to area communities. The $20 million project is expected to be completed in June 2024 and will serve future natural gas development in the a ...