CNX Resources: Low Natural Gas Prices Still Dragging On Results, No Near-Term Catalyst
CNX Resources(CNX) Seeking Alpha·2024-07-27 20:49
P 1 th 4 H H i F II li 74 H 11 We do, however, see that the company beat expectations on a normalized basis. This is not a GAAP figure, and the headlines said that the company missed earnings expectations. The company reported a net loss in any case so the profit shown by the normalized earnings per share is rather misleading. For the second quarter, CNX Resources reported a net loss of $18.261 million which works out to $0.12 per share. It is, admittedly, not particularly surprising that CNX Resources lost ...