Cnx Resources News Today

Last week, CNX Resources issued its first quarter 2024 update. The company’s earnings totaled a paltry $6.8 million, or just $0.04 per share in 1Q24. That compares with $710 million, or $4.22 per share, in last year’s first quarter (down 99%). CNX’s revenue for 1Q24 fell 39% to $384.6 million from $1.28 billion last year.

Over the last year, a good number of insiders have significantly increased their holdings in CNX Resources Corporation...

Two of our favorite companies in the Marcellus/Utica, one a driller (CNX Resources) and the other an oilfield services company (Deep Well Services), have partnered in a joint venture, creating a new company called AutoSep Technologies. The new JV uses groundbreaking new technology developed in CNX's New Technologies unit that targets flowback, the "junk" that

CNX Resources (NYSE:CNX – Free Report) had its price objective raised by Piper Sandler from $18.00 to $22.00 in a research report released on Friday morning, Benzinga reports. The firm currently has a neutral rating on the oil and gas producer’s stock. CNX has been the subject of several other research reports. Truist Financial upped […]

CNX Resources has partnered with NuBlu Energy, an EPC (engineering, procurement, and construction) company, to introduce two exciting new solutions that use Marcellus/Utica gas --- one solution for CNG (compressed natural gas) and the other for LNG (liquefied natural gas). The solutions are called ZeroHP CNG and Clean mLNG. Zero Horsepower (ZeroHP) CNG creates a

Capital Management Corp VA lifted its stake in CNX Resources Co. (NYSE:CNX – Free Report) by 25.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 736,283 shares of the oil and gas producer’s stock after buying an additional 148,037 shares during the quarter. CNX Resources makes up about 2.9% of Capital Management Corp […]

CNX Resources (NYSE:CNX – Get Free Report) had its price objective hoisted by stock analysts at Piper Sandler from $18.00 to $22.00 in a report released on Friday, Benzinga reports. The firm currently has a “neutral” rating on the oil and gas producer’s stock. Piper Sandler’s target price suggests a potential downside of 8.18% from […]

CNX Resources (NYSE:CNX – Free Report) had its price objective raised by Mizuho from $24.00 to $25.00 in a research note released on Thursday morning, Benzinga reports. Mizuho currently has a neutral rating on the oil and gas producer’s stock. Several other brokerages also recently weighed in on CNX. Bank of America upgraded CNX Resources […]

CNX Resources Corporation yesterday announced that it is nearing completion of its Kiski Water Line project in Westmoreland County, PA, which will serve the company's local operational needs for drilling and fracking. The new water line, due to be done in June, will reduce the local impact of natural gas development (fewer truck trips), and

CNX Resources Co. (NYSE:CNX – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday after Roth Mkm raised their price target on the stock from $18.00 to $22.00. Roth Mkm currently has a neutral rating on the stock. CNX Resources traded as high as $24.19 and last traded at $24.15, […]