CNX Resources (CNX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2025, CNX Resources Corporation. (CNX) reported revenue of $441 million, up 15.8% over the same period last year. EPS came in at $0.78, compared to $0.45 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $492.42 million, representing a surprise of -10.44%. The company delivered an EPS surprise of +21.88%, with the consensus EPS estimate being $0.64.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how CNX Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• NGLs - Gross Price: $26.52 versus the six-analyst average estimate of $22.95.
• Oil/Condensate - Gross Price: $57.66 versus the four-analyst average estimate of $54.76.
• Average Sales Price - Natural Gas: $3.66 versus the four-analyst average estimate of $3.42.
• Average Daily Production: 1,642.3 Mcfe/D versus the four-analyst average estimate of 1,653.45 Mcfe/D.
• Total Production Volumes: 147.8 Bcfe compared to the 148.81 Bcfe average estimate based on four analysts.
• Realized Natural Gas Price per Mcf: $2.86 versus the four-analyst average estimate of $2.75.
• Natural Gas - Sales Volume: 135.41 MMcf versus the three-analyst average estimate of 136.55 MMcf.
• Oil/Condensate - Sales Volume: 33 MBBL versus 47.62 MBBL estimated by three analysts on average.
• NGL - Sales Volume: 2,034 MBBL versus the three-analyst average estimate of 2,129.59 MBBL.

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This article originally published on Zacks Investment Research (zacks.com).

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