Capital One Financial Comments on CNX Resources Q1 Earnings

CNX Resources Co. (NYSE:CNX) – Capital One Financial boosted their Q1 2025 earnings per share estimates for CNX Resources in a report released on Wednesday, January 8th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will post earnings per share of $0.62 for the quarter, up from their previous estimate of $0.56. Capital One Financial has a “Equal Weight” rating and a $25.00 price objective on the stock. The consensus estimate for CNX Resources’ current full-year earnings is $1.54 per share. Capital One Financial also issued estimates for CNX Resources’ Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.62 EPS, Q4 2025 earnings at $0.63 EPS and FY2025 earnings at $2.46 EPS.

CNX Resources (NYSE:CNX) last issued its quarterly earnings results on Thursday, October 24th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.09. The company had revenue of $424.21 million during the quarter, compared to analysts’ expectations of $398.33 million. CNX Resources had a return on equity of 7.54% and a net margin of 27.79%. During the same quarter in the prior year, the firm posted $0.35 earnings per share.

Other equities research analysts have also recently issued research reports about the company. Stephens increased their price target on CNX Resources from $26.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Piper Sandler raised their target price on CNX Resources from $20.00 to $23.00 and gave the stock an “underweight” rating in a research note on Friday, December 6th. JPMorgan Chase & Co. cut CNX Resources from a “neutral” rating to an “underweight” rating and raised their target price for the stock from $31.00 to $37.00 in a research note on Thursday, December 5th. Truist Financial raised their target price on CNX Resources from $34.00 to $35.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Finally, Morgan Stanley initiated coverage on CNX Resources in a research note on Friday. They set an “underweight” rating and a $29.00 target price for the company. Nine analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $30.36.

CNX Resources Trading Down 3.9 %

Shares of CNX stock opened at $30.01 on Friday. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of 9.44, a PEG ratio of 1.85 and a beta of 1.42. The stock has a 50-day moving average of $37.23 and a 200-day moving average of $31.68. The company has a current ratio of 0.37, a quick ratio of 0.36 and a debt-to-equity ratio of 0.46. CNX Resources has a 1-year low of $19.07 and a 1-year high of $41.93.

Hedge Funds Weigh In On CNX Resources

Several hedge funds have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC grew its position in shares of CNX Resources by 3.5% in the third quarter. Sequoia Financial Advisors LLC now owns 13,135 shares of the oil and gas producer’s stock valued at $428,000 after purchasing an additional 442 shares in the last quarter. CWM LLC grew its position in CNX Resources by 77.0% during the third quarter. CWM LLC now owns 2,149 shares of the oil and gas producer’s stock worth $70,000 after buying an additional 935 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in CNX Resources by 3.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 29,307 shares of the oil and gas producer’s stock worth $712,000 after buying an additional 941 shares in the last quarter. Blue Trust Inc. grew its position in CNX Resources by 135.4% during the third quarter. Blue Trust Inc. now owns 1,966 shares of the oil and gas producer’s stock worth $64,000 after buying an additional 1,131 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in CNX Resources by 62.1% during the third quarter. GAMMA Investing LLC now owns 3,073 shares of the oil and gas producer’s stock worth $100,000 after buying an additional 1,177 shares in the last quarter. 95.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of CNX Resources stock in a transaction on Monday, January 6th. The stock was sold at an average price of $31.09, for a total transaction of $33,421,750.00. Following the sale, the insider now directly owns 13,925,000 shares in the company, valued at approximately $432,928,250. This trade represents a 7.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.65% of the stock is currently owned by corporate insiders.

CNX Resources Company Profile

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.