CNX Resources Corp
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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

UPDATE: Twilio shares soar 25% on big jump in revenue

6:30 am ET May 7, 2020 (MarketWatch)
Print

By Jon Swartz

Twilio Inc. (TWLO) shares spiked 25% in after-hours trading Wednesday after the communications-software company reported fiscal first-quarter revenue and net income that topped Wall Street estimates.

Twilio reported a loss of $94.8 million, or 68 cents a share, compared with a loss of $36.5 million, or 31 cents a share, in the year-ago quarter. Revenue climbed 57% to $364.9 million from $233.1 million a year ago.

Analysts surveyed by FactSet had expected a loss of 11 cents a share on sales of $331 million. Twilio shares are down 7% in the past year, while the broader S&P 500 is down 1.1% in the past 12 months.

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 07, 2020 06:30 ET (10:30 GMT)

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