CNX Resources Tops Q3 Earnings Estimates, Ups '25 Production Volume

CNX Resources Corporation CNX reported third-quarter 2025 operating earnings of 49 cents per share, which beat the Zacks Consensus Estimate of 37 cents by 32.4%. The bottom line also increased 19.5% from 41 cents in the year-ago quarter.CNX’s RevenuesThe company reported revenues of $423 million, which topped the Zacks Consensus Estimate of $366 million by 15.6%. The top line also rose 19.5% from the prior-year quarter’s $354 million.CNX Resources Corporation. Price, Consensus and EPS Surprise CNX Resources Corporation. price-consensus-eps-surprise-chart | CNX Resources Corporation. QuoteHighlights of CNX’s Q3 ReleaseThe average selling price in the quarter was $2.62 per thousand cubic feet equivalent (Mcfe), down 0.4% from the year-ago figure of $2.63. The total production cost was $1.71 per Mcfe, down 2.8% year over year.Total production volumes were 161.3 billion cubic feet equivalent (Bcfe), up 19.9% year over year.Interest expenses totaled $43 million, up 13.3% year over year.During the third quarter, CNX Resources repurchased 6.1 million shares at an average price of $30.12 per share for a total cost of $182 million. Over the past 20 quarters, CNX has repurchased approximately 43% of its outstanding shares.CNX’s Financial UpdateAs of Sept. 30, 2025, CNX Resources had cash and cash equivalents of $4.7 million compared with $17.2 million as of Dec. 31, 2024.Long-term debt as of Sept. 30, 2025 was $2.25 billion compared with $1.84 billion as of Dec. 31, 2024.Cash from operating activities for the first nine months of 2025 totaled $731.9 million compared with $547 million in the year-ago period. Free cash flow amounted to $226 million.Capital expenditure for the first nine months totaled $320.6 million compared with $434.8 million in the year-ago period.CNX’s GuidanceCNX Resources now expects 2025 total capital expenditure between $475 and $500 million from the previous range of $450-$500 million.The company now expects 2025 production volume in the band of 620-625 Bcfe compared with the previous guidance of 615-620 Bcfe. Total free cash flow is now expected to be $640 million.CNX now expects 2025 adjusted EBITDAX in the range of $1.2-$1.225 billion compared with the previous range of $1.225-$1.275 billion.CNX’s Zacks RankThe company currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Upcoming ReleasesEnergy Transfer LP ET is slated to report third-quarter results on Nov. 5, after market close. The Zacks Consensus Estimate for earnings is pegged at 33 cents per unit, which indicates a year-over-year rise of 3.1%.ET’s long-term (three to five years) earnings growth rate is 12.24%. The Zacks Consensus Estimate for third-quarter sales stands at $22.91 billion, which suggests year-over-year growth of 10.3%.Plains All American Pipeline PAA is slated to report third-quarter results on Nov. 5, before market open. The Zacks Consensus Estimate for earnings is pegged at 34 cents per unit, which calls for a year-over-year fall of 8.1%.The Zacks Consensus Estimate for third-quarter sales stands at $12.96 billion, which suggests year-over-year growth of 1.7%.Delek Logistics Partners, LP DKL is scheduled to release third-quarter results on Nov. 7, before market open. The Zacks Consensus Estimate for earnings is pegged at $1.11 per unit, which indicates a year-over-year increase of 56.3%.DKL’s long-term earnings growth rate is 11.32%. The Zacks Consensus Estimate for third-quarter sales is pegged at $254.4 million, which implies a year-over-year rise of 18.8%.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Plains All American Pipeline, L.P. (PAA): Free Stock Analysis Report CNX Resources Corporation. (CNX): Free Stock Analysis Report Energy Transfer LP (ET): Free Stock Analysis Report Delek Logistics Partners, L.P. (DKL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks