CNX Resources Corp
Change company Symbol lookup
Select an option...
CNX CNX Resources Corp
WW WW International Inc
IBM International Business Machines Corp
NEP Nextera Energy Partners LP
TMP Tompkins Financial Corp
MFM MFS Municipal Income Trust
HMNKF HMS Networks AB
GPX GP Strategies Corp
AMH-E American Homes 4 Rent
DHI D.R. Horton Inc
Go

Energy : Oil, Gas & Consumable Fuels | Small Cap Value
Company profile

CNX Resources Corporation (CNX) is an oil and gas company. The Company focused on the exploration, development, production, gathering, processing and acquisition of natural gas properties primarily in the Appalachian Basin. The Company develops and explores for natural gas in Appalachia (Pennsylvania, West Virginia, Ohio, and Virginia). Its primary focus is in the development of its Marcellus Shale acreage and delineation and development of Utica Shale acreage. Its operations are located throughout Appalachia. CNX owns or operates approximately 2,600 miles of natural gas gathering pipelines as well as several natural gas processing facilities. CNX consists of two principal business divisions: Exploration and Production (E&P) and Midstream. The principal activity of the E&P Division includes four segments which, is to produce pipeline natural gas for sale primarily to gas wholesalers.

Closing Price
$11.40
Day's Change
-0.10 (-0.87%)
Bid
--
Ask
--
B/A Size
--
Day's High
11.64
Day's Low
11.16
Volume
(Heavy Day)
Volume:
7,874,693

10-day average volume:
3,938,737
7,874,693

Diamondback Energy stock gains after company beats profit views

4:33 pm ET May 4, 2020 (MarketWatch)
Print

Diamondback Energy Inc. (FANG) shares rallied in the extended session Monday after the oil and gas producer reported an adjusted first-quarter profit above Wall Street expectations and said it would curb production amid the ongoing supply glut and demand weakness with the coronavirus pandemic. Diamondback said it lost $272 million, or $1.72 a share, in the quarter, versus a profit of $10 million, or 6 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $230 million, or $1.45 a share, compared with $1.39 a share a year ago. Sales rose to $899 million from $864 million a year ago. Analysts polled by FactSet had expected the company to report an adjusted profit of $1.30 a share on sales of $968 million. Diamondback said it had about $1.9 billion in liquidity as of March 31. "The challenges presented so far in 2020 are unprecedented, but we have taken quick and decisive action to preserve our strength through this cycle," Chief Executive Travis Stice said in a statement. Diamondback shares had ended the regular trading day up 5.6%.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 04, 2020 16:33 ET (20:33 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.