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

Hershey thinks there will be trick-or-treating this Halloween despite COVID-19

3:44 pm ET July 27, 2020 (MarketWatch)
Print

Hershey Co. (HSY) is confident that consumers will want to take their kids trick-or-treating this Halloween despite the ongoing COVID-19 pandemic. "It is an outdoor event. And it's an event where a lot of masks are already worn," said Michelle Buck, Hershey's chief executive on the company's recent second-quarter earnings (http://www.marketwatch.com/story/hershey-profit-beats-estimates-as-sales-fall-short-2020-07-23) call, according to a FactSet transcript. "There's no evidence of the virus being passed through packaging or food, so we feel pretty good based on what we're seeing so far from consumer feedback." Hershey reported a profit that beat expectations, but sales fell short. Hershey has already started shipping Halloween orders, Buck said, with shipments continuing through early October. Hershey didn't provide 2020 guidance due to the uncertainty caused by the pandemic, and Buck leaves the door open for a shift between now and Halloween. "[I]f trick-or-treat tends to be a little lower than expectation, clearly, we'll focus even more on the treat for me and the candy bowl occasion," she said. About half of the Halloween product sold is for "self-consumption," and some of the product has already shifted to "everyday packaging." Stifel analysts think that most of the orders for Halloween are set, but will still keep an eye on developments given the surge in coronavirus cases and lockdown measures. Analysts note that Halloween accounts for 10% of the company's sales and 40% of third-quarter sales. Stifel rates Hershey stock hold with a $140 price target. Hershey stock is down 0.3% for the year to date while the S&P 500 index is up 0.3% for the period.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 27, 2020 15:44 ET (19:44 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.