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CNX Resources (CNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

PITTSBURGH , April 3, 2024  /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q1 2024 at 6:45 a.m. Eastern Time on Thursday, April 25.

CNX Resources (CNX) decides to lower its 2024 production volumes and capital expenditure to sail through the softness in demand for natural gas.

CNX Resources' (CNX) fourth-quarter 2023 earnings and revenues decrease year over year. Total production volumes increase year over year.

Although the revenue and EPS for CNX Resources Corporation. (CNX) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

CNX Resources Corporation. (CNX) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.27 per share.

CNX Resources' (CNX) fourth-quarter earnings are expected to benefit from increased production volumes, share repurchases and debt reduction.

Higher pipeline throughput volumes are likely to have aided MPLX's earnings in Q4.

CNX Resources is an American independent exploration and production company focused on natural gas production in the Appalachian Basin. The company's stock has underperformed peers but has shown improvement recently. Natural gas prices are expected to increase due to a winter storm and growing demand, which could benefit CNX Resources.

CNX Resources Corporation. (CNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.