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CNX Resources (CNX) Moves 6.1% Higher: Will This Strength Last?
CNXCNX Resources(CNX) ZACKS·2024-09-24 00:15

CNX Resources Corporation. (CNX) shares rallied 6.1% in the last trading session to close at $31.88. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.3% gain over the past four weeks. CNX Resources' focus on the Appalachian Basin and strong volumes from Marcellus and Utica shales should continue to boost production. The company plans to utilize new technologies to develop the natural gas available in the Ap ...