Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either CNX Resources Corporation. (CNX) or Comstock Resources (CRK) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank e ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...

PITTSBURGH, Jan. 13, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the pricing of $200.0 million aggregate principal amount of its 7.250% senior notes due 2032 (the "New Notes") at a price of 100.500% of par, plus accrued interest from September 1, 2024, with a yield to worst of 7.104%. The New Notes are being offered as additional notes under that certain indenture, dated February 23, 2014 (the "Indenture"), pursuant to which CNX previously issued $400.0 ...

PITTSBURGH, Jan. 7, 2025 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q4 2024 at 6:45 a.m. Eastern Time on Thursday, January 30. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q4 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Confere ...

PITTSBURGH, Jan. 3, 2025 /PRNewswire/ -- Today, in response to the issuance of final rules regarding the Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit, CNX Resources Corporation (NYSE: CNX) released the following statement: "The Department of Treasury's recognition of captured waste coal mine methane (CMM) as a feedstock for hydrogen production is validation of its inherent environmental and economic benefits and an important step in continuing to monetize the value of this unique ass ...

CNX Resources Corporation. (CNX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...

文章核心观点 - CNX Resources Corporation宣布以约5.05亿美元现金收购Apex Energy II, LLC在阿巴拉契亚盆地的天然气上游及中游业务,预计交易将于2025年第一季度完成 [1] 交易细节 - 收购价格为约5.05亿美元,受某些调整影响,包括2024年10月1日的生效日期 [1] - 交易完成后,CNX预计其杠杆比率将受到最小影响,保持其显著的资本配置灵活性 [5] 收购资产概况 - 收购资产包括约36,000净英亩(94%持有)的未开发土地,主要位于宾夕法尼亚州西摩兰县 [4] - 其中约8,600英亩为未开发的Utica,12,600英亩为未开发的Marcellus [4] 财务影响 - 收购预计将立即增加CNX的每股自由现金流 [3] - 预计2025年平均日产量为180-190 MMcfe/d [4] - 预计2025年EBITDA约为1.5-1.6亿美元 [4] - 预计2025年运营成本约为0.16美元/Mcfe [4] 战略意义 - 收购将战略性地扩大CNX在CPA地区的现有Marcellus和Utica未开发租赁权益,并提供可用于未来开发的现有基础设施 [2] - 收购资产与CNX的低成本战略完全整合,预计将在未来几年为公司核心业务增加增量价值 [2][4] 融资安排 - 收购资金将通过CNX的担保信贷额度提供,截至2024年9月30日,CNX在该信贷额度下拥有约18亿美元的可用借款能力 [5] 顾问信息 - BofA Securities担任CNX的独家财务顾问,Jones Day担任法律顾问 [6] - Piper Sandler & Co担任Apex和Carnelian的独家财务顾问,Kirkland & Ellis LLP担任法律顾问 [6]

CNX Resources Corporation (CNX) reported third-quarter 2024 operating earnings of 41 cents per share, which beat the Zacks Consensus Estimate of 32 cents by 28.1%. The bottom line also increased 17.1% from 35 cents in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Revenues The company reported revenues of $354 million, which missed the Zacks Consensus Estimate of $398 million by 11.1%. The top line also decreased 0.8% from the prior-year quarter's $357 millio ...

财务数据和关键指标变化 - 公司在2024年第三季度的财务表现未详细披露，但管理层提到将于下季度提供2025年的生产量和相关资本支出（CapEx）目标 [5] - 管理层表示，2024年计划的五个转入线（turn-in lines）已被推迟至2025年，表明公司在资本支出方面的灵活性 [17] 各条业务线数据和关键指标变化 - 新技术业务的煤矿甲烷（CMM）和AutoSep的进展仍在评估中，管理层表示将于下季度提供更详细的指导 [10][12] - 管理层提到，现有的AutoSep设备已完全用于内部运营，未来可能会有第三方工作机会 [10] 各个市场数据和关键指标变化 - 管理层提到，煤矿甲烷的捕获机会与即将出台的法规（如45Q和45V）密切相关，尚未确定具体的资本支出 [12][18] - 预计45Q的联邦税收抵免可能在每吨60美元左右，而45V则可能为每千克3美元 [18] 公司战略和发展方向和行业竞争 - 公司在深乌提卡（Utica）地区的表现良好，管理层表示在气价改善的情况下，具备进一步扩展的潜力 [23] - 管理层强调，资本配置过程将考虑并购机会，但目前没有具体的计划 [29] 管理层对经营环境和未来前景的评论 - 管理层对未来的市场前景持乐观态度，认为公司在长期内仍具吸引力 [14] - 管理层提到，尽管股价上涨，但短期内的资本配置决策不会受到股价波动的影响 [14] 其他重要信息 - 管理层表示，正在持续改进钻井和完井成本，钻井时间已缩短至50天，较2023年改善23% [24] - 管理层提到，乌提卡的钻井成本已下降31%，并且在未来的钻井中目标为每英尺1,800美元 [31] 问答环节所有提问和回答 问题: 关于2025年的资本支出 - 管理层表示，2025年的资本支出将根据市场价格的变化而定，具体数字将在下季度提供 [5] 问题: 新技术业务的未来展望 - 管理层表示，尚不清楚45V和45Q的具体机会，需等待市场的进一步发展 [12] 问题: 乌提卡的基础设施问题 - 管理层确认，当前没有主要的基础设施限制，未来可根据市场需求进行扩展 [23] 问题: 45Q和45V的税收抵免 - 管理层表示，45Q的税收抵免可能在每吨60美元，45V则可能为每千克3美元，但具体细节尚待确认 [18] 问题: 并购机会 - 管理层提到，尽管股价上涨，但目前没有具体的并购计划，资本配置过程仍在进行中 [29]

业绩总结 - 第三季度自由现金流（FCF）为6000万美元，连续第19个季度实现正向自由现金流[1] - 第三季度现金运营利润率为58%[2] - 自2020年第三季度以来，公司调整后的净债务减少了2.61亿美元[3] 未来展望 - 2024年自由现金流（FCF）指导维持在约3亿美元[1] - 2024年预计现金运营利润率为58%[2] - 2024年调整后的EBITDAX预计在9.75亿至10.5亿美元之间[5] - 2024年资本支出预计在5.25亿至5.75亿美元之间[5] - 截至2024年第三季度，公司的加权平均无担保债务到期时间为5.8年[4] 股东回报 - 第三季度回购240万股，平均价格为每股26.73美元，总成本为6300万美元[1] - 自2020年回购计划启动以来，公司累计回购约36%的流通股[1] 财务指标说明 - 管理层认为这些财务指标对投资者评估CNX有用[14] - 这些指标并非根据公认会计原则（GAAP）计算的业绩衡量标准[14] - 分析师在评估公司业绩时使用这些指标，并要求提供最新信息[14] - 这些指标广泛用于评估公司的运营表现[14] - 投资者不应将这些指标视为GAAP计算的业绩衡量标准的替代品[14] - 各公司计算这些指标的方式可能不同，因此这些指标可能无法与其他公司的类似指标进行比较[14]