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CNX Resources Corporation CNX

Coal Coal Oil & Gas E&P
CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale properties in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other shale and shallow oil and gas formations in Illinois, Indiana, New York, and Virginia. It also owns rights to extract CBM in Virginia, West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. In addition, the company designs, builds, and operates natural gas gathering systems to move gas from the wellhead to interstate pipelines or other local sales points; owns and operates approximately 2,700 miles of natural gas gathering pipelines, as well as various natural gas...


NYSE:CNX - Post by User

CNX Resources Corporation
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  • daytradingARKX
Post by daytradingARKon Feb 02, 2022 12:30pm
286 Views
Post# 34389502

My thoughts on the future of oil/gas stocks

My thoughts on the future of oil/gas stocks
This is just based off common sense, and is my own personal opinion.
Start of COVID - Less oil/gas needed, stocks in this industry go down.
COVID rules begin to go away - More oil/gas needed, stocks in this industry go up, as they have for the past 6 months-year.
It’s really just common sense. Countries in Europe have begun removes all COVID restrictions, which will only help oil/gas stocks.
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