CNX Resources (CNX) Financials

CNX Resources Corp (CNX) is a leading energy company that specializes in the exploration and production of natural gas. The company is committed to delivering consistent and sustainable growth for its shareholders. With a strong focus on operational excellence and cost management, CNX Resources Corp has become a major player in the energy industry.

The income statement of CNX Resources Corp provides detailed information about the company's revenue, expenses, and net income. It shows the company's total revenue, which includes both operating revenue and non-operating revenue. The income statement also provides information on the company's gross profit, operating expenses, and net income from stockholders.

EBIT, short for earnings before interest and tax, is a key financial metric that measures a company's profitability. It is calculated by subtracting the company's operating expenses from its gross profit. EBITDA, on the other hand, is a measure of a company's operating performance. It stands for earnings before interest, tax, depreciation, and amortization.

The balance sheet of CNX Resources Corp provides a snapshot of the company's assets, liabilities, and stockholders' equity. It shows the company's total assets, which include both current assets and long-term assets. The balance sheet also provides information on the company's total debt, total liabilities, and stockholders' equity.

CNX Resources Corp also maintains a strong cash position, with significant cash equivalents on its balance sheet. Cash equivalents refer to highly liquid financial assets that can be readily converted into cash.

In terms of cash flow, CNX Resources Corp generates substantial cash flows from its operations, investments, and financing activities. The company's operating cash flow measures the cash generated from its core business operations, while its investing cash flow measures the cash used for investing in assets and acquisitions. The financing cash flow, on the other hand, measures the cash generated from or used for financing activities, such as debt issuances or repurchases.

CNX Resources Corp also focuses on maintaining a healthy balance between its debt and equity. The company's net debt provides an indication of its overall debt burden, while its stockholders' equity represents the residual interest in the assets of the company after deducting its liabilities.

In summary, CNX Resources Corp is a financially sound company with strong financial performance and a solid balance sheet. The company's income statement, balance sheet, and cash flow provide valuable insights into its financial health and performance.