CNX Resources is a company that gets oil and gas from the ground. They are going to tell us how much money they made in the last 3 months. Some people think they will make more money than they said they would. This is because they have been smart with their money and how they use it. They also decided not to use some of their machines for now, so they don't spend too much on them. This will help them make more money in the future. We will know how much money they made on July 25th. Read from source...
- The headline and the lede are inconsistent: the headline implies that CNX Resources' Q2 results will be worse than expected, while the lede suggests that the company is likely to beat earnings estimates.
- The article does not provide any data or evidence to support the claim that CNX Resources' earnings will be worse than expected.
- The article relies on unsubstantiated assumptions, such as the assumption that CNX Resources will continue to delay completion activities on its Marcellus Shale pads, and that this will offset the impact of lower natural gas prices and curtailed production volumes.
- The article uses emotional language, such as "challenging" and "unveils", to describe the market conditions and the company's performance.
- The article does not provide any context or comparison to other players in the same sector, or to the company's own historical performance.
- The article does not address the potential risks or uncertainties that could affect the company's Q2 results, such as regulatory changes, operational issues, or competitive pressures.
- The article does not offer any recommendations or advice to investors, or any guidance on how to trade the stock.
neutral
Relevant information from the article:
- CNX Resources is expected to release Q2 earnings on Jul 25, before market open
- The company delivered an earnings surprise of 25% in the last reported quarter
- Factors to note: free cash flow generation, debt reduction, decision to delay completion activities on three Marcellus Shale pads
- Zacks Consensus Estimate for earnings: 27 cents per share, revenue: $387.3 million, total production volumes: 135.4 billion cubic feet equivalent
- Zacks Model predicts an earnings beat
- Other stocks to consider: NextEra Energy Partners and Energy Transfer
Key points:
- The article discusses CNX Resources' upcoming Q2 earnings release and the factors that may affect the results
- The article mentions the company's previous earnings surprise and its efforts to reduce costs and debts
- The article cites the Zacks Consensus Estimate for earnings, revenue, and production volumes, and suggests that the company may beat the expectations
- The article also suggests two other stocks from the same sector that may post an earnings beat