Compared to Estimates, CNX Resources (CNX) Q1 Earnings: A Look at Key Metrics

CNX Resources Corporation. (CNX) reported $722.04 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 63.7%. EPS of $1.21 for the same period compares to $0.78 a year ago.The reported revenue represents a surprise of +38.38% over the Zacks Consensus Estimate of $521.78 million. With the consensus EPS estimate being $0.93, the EPS surprise was +30.11%.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:Average Daily Production: 1,693.00 Mcfe/D versus 1,685.37 Mcfe/D estimated by three analysts on average.Oil/Condensate - Gross Price: $58.08 compared to the $63.45 average estimate based on three analysts.NGL - Sales Volume: 2,180.00 MBBL compared to the 1,914.39 MBBL average estimate based on three analysts.Oil/Condensate - Sales Volume: 58.00 MBBL compared to the 46.93 MBBL average estimate based on three analysts.NGL - Gross Price: $27.54 versus $23.17 estimated by three analysts on average.Realized Natural Gas Price per Mcf: $3.15 versus the three-analyst average estimate of $3.21.Production Volumes - Total: 152.40 Bcfe versus 151.68 Bcfe estimated by three analysts on average.Natural Gas - Sales Volume: 138.94 MMcf versus the two-analyst average estimate of 140.30 MMcf.Average Sales Price - Natural Gas: $4.74 versus $5.05 estimated by two analysts on average.View all Key Company Metrics for CNX Resources here>>>Shares of CNX Resources have returned -6.7% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks