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Stock impact report

CNX Resources (CNX) to Gain From Appalachian Focus, Investments [Yahoo! Finance]

CNX Resources Corporation (CNX) 
Last cnx resources corporation earnings: 4/27 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cnx.com
Company Research Source: Yahoo! Finance
CNX - which currently has a Zacks Rank #3 (Hold) – has a huge dependence on third-party assets for natural gas transportation. Tailwinds CNX Resources has a focus on the Appalachian Basin region. The company plans to develop locally available natural gas, assist in the clean energy transition by reducing emissions and promote exports of Appalachian natural gas. The company will utilize new technologies to develop the natural gas available in the region. CNX Resources continues to maintain its high-quality asset holdings. For 2023, capital expenditure is expected to be in the range of $625-$675 million. A large portion of capital expenditure will be directed toward Drilling and Completion, and the rest will be used to strengthen its land, midstream and water infrastructures. Strong production from Marcellus and Utica shales will enable the company to meet the 2023 production target. The company's strong free cash flow generation will help meet debt obligations, improve liquidi Show less Read more
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