CNX Resources (CNX) Misses Q1 EPS by 8c

CNX Resources (NYSE: CNX) reported Q1 EPS of $0.14, $0.08 worse than the analyst estimate of $0.22.

• CNX expects to generate approximately $500 million in free cash flow in 2020 based on the following projected operational and financial results below.
• CNX reaffirms 2019 production volumes of 495-515 Bcfe. These production volumes equate to an approximately 5% annual increase, based on the midpoint of guidance, compared to 2018 volumes from retained assets of 480 Bcfe.

For earnings history and earnings-related data on CNX Resources (CNX) click here.

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