CNX Earnings Prediction
The chart below shows how CNX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CNX sees a +2.61% change in stock price 10 days leading up to the earnings, and a +2.88% change 10 days following the report. On the earnings day itself, the stock moves by -0.19%. This data can give you a slight idea of what to expect for the next quarter's release.
CNX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
371.27M
5.68%
29.47%
Gross Margin
30.75%
7.71%
346.30%
Operating Margin
24.77%
-1.94%
448.01%
Net Margin
-38.95%
-126.62%
-270.46%
EPS
-0.97
-129.57%
-362.16%
No Data Available
CNX Earnings Analysis
CNX Resources Corp Corporation (CNX.N) Earnings Conference Call
Positive
Strong Free Cash Flow: Q4 2024 free cash flow reached $30 million, demonstrating strong financial performance and effective cash management.
Cost Management Efficiency: The company maintained a run rate spending below $500 million, driven by efficiencies from Utica CPA development and a low decline PDP base, indicating strong cost management.
CMM Hydrogen Production Validation: Successful validation of coal mine methane (CMM) as a low carbon intensity feedstock for hydrogen production, opening new revenue opportunities in the hydrogen economy.
Utica Growth Potential: The Apex acquisition added 8,600 net acres of undeveloped Utica, providing significant growth potential in future production.
Market Activity Acceleration Potential: The company is positioned to accelerate activity in the second half of 2025 if market conditions remain favorable, indicating flexibility and responsiveness to market dynamics.
Negative
Free Cash Flow Decline: Free cash flow for Q4 2024 was reported at $30 million, but guidance indicates a decline in free cash flow for 2025, suggesting potential financial strain ahead.
Production Volume Decline: The company anticipates modest declines in production volumes in the second half of 2025, indicating challenges in maintaining output levels and potential revenue impacts.
High Operating Expenses Impact Growth: Operating expenses are projected to remain high, with a run rate spending goal of sub-$500 million, which may limit capital flexibility for growth initiatives.
CMM Business Challenges: The coal mine methane (CMM) business faces uncertainty due to overly restrictive regulatory rules, which could hinder future revenue generation and investment opportunities.
Buyback Activity Concerns: The company has not engaged in buyback activity in Q1 2025, raising concerns about capital allocation strategies amidst uncertain market conditions.
CNX FAQs
How does CNX typically perform around its earnings report dates?
Is CNX Resources Corp (CNX) Q4 2024 Earnings Call Summary positive or negative?
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CNX Earning Call Sentiment
Earnings call transcript: CNX Resources Q4 2024 reveals earnings miss
CNX.N
1.84%Positive
The earnings call summary presents a mixed outlook. While there are positive elements like potential tax credits and efficiency gains, uncertainties in regulatory frameworks and market conditions pose risks. The Q&A reveals cautious sentiment from analysts due to management's lack of clarity on key issues. The absence of share buybacks and flat production guidance further temper optimism. The market cap suggests moderate reaction, leading to a neutral prediction within the -2% to 2% range.
