CNX Stock Recent News

We continue with our recurring series based on analyzing mid-cap stocks that have enjoyed periods unusual insider interest during the second quarter of the year. An overwhelming trend of bank insiders buying stakes in the regional banking sector still pursues, with insiders signaling that the banking crisis was largely overblown in our view. Today, we are dissecting insider purchases from notable insiders in Zions Bancorporation, Luminar Technologies, GameStop Corporation, East West Bancorp, and Ameris Bancorp.

PITTSBURGH , July 6, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q2 2023 at 6:45 a.m. Eastern Time on Thursday, July 27.

CNX Resources is an independent exploration and production company that operates in the natural gas-rich Marcellus shale. CNX's stock has delivered an impressive run-up YTD that cannot be explained by natural gas prices. CNX Resources has a substantial reserve base, but a pending asset sale will reduce this.

CNX Resources (CNX) is poised to benefit from its high-quality asset holdings and Appalachian basin focus. However, dependence on gathering, processing and transportation facilities owned by others is a headwind.

CNX Resources' (CNX) first-quarter earnings are better than expected and the company continues to utilize its free cash flow to buyback shares and reduce debt.

CNX Resources Corp (CNX) Q1 2023 Earnings Call Transcript.

CNX Resources' (CNX) first-quarter earnings expected to benefit from stable production volumes and strong free cash flow generation.

Favorable crude pricing is likely to have aided SLB's Q1 earnings.

PITTSBURGH , April 5, 2023 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q1 2023 at 6:45 a.m. Eastern Time on Thursday, April 27.

CNX, BEP and CPRI have been added to the Zacks Rank #5 (Strong Sell) List on March 20, 2023.