CNX Resources Q1 EPS Raised by Capital One Financial

CNX Resources Co. (NYSE:CNX) – Stock analysts at Capital One Financial raised their Q1 2025 earnings estimates for shares of CNX Resources in a research report issued to clients and investors on Monday, December 16th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will post earnings of $0.56 per share for the quarter, up from their prior estimate of $0.49. 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 $0.53 EPS, Q3 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.57 EPS, FY2025 earnings at $2.22 EPS and FY2026 earnings at $2.85 EPS.

Several other brokerages also recently commented on CNX. Tudor, Pickering, Holt & Co. downgraded shares of CNX Resources from a “hold” rating to a “sell” rating in a research report on Tuesday, October 1st. Piper Sandler boosted their target price on CNX Resources from $20.00 to $23.00 and gave the stock an “underweight” rating in a research report on Friday, December 6th. Truist Financial increased their target price on CNX Resources from $34.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, December 6th. Bank of America started coverage on CNX Resources in a research report on Monday, October 28th. They issued an “underperform” rating and a $34.00 price target for the company. Finally, Mizuho cut shares of CNX Resources from a “neutral” rating to an “underperform” rating and boosted their price objective for the company from $33.00 to $38.00 in a research report on Monday. Eight analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $30.50.

CNX Resources Stock Up 0.4 %

NYSE CNX opened at $35.34 on Thursday. CNX Resources has a 52 week low of $19.07 and a 52 week high of $41.93. The company has a market capitalization of $5.28 billion, a P/E ratio of 11.11, a price-to-earnings-growth ratio of 1.85 and a beta of 1.43. The stock’s 50-day moving average price is $37.39 and its 200-day moving average price is $30.67. The company has a quick ratio of 0.36, a current ratio of 0.37 and a debt-to-equity ratio of 0.46.

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

Institutional Investors Weigh In On CNX Resources

Several hedge funds have recently made changes to their positions in the company. Blue Trust Inc. increased its holdings 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 valued at $64,000 after buying an additional 1,131 shares during the period. CWM LLC raised its holdings in shares of CNX Resources by 77.0% in 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 during the last quarter. GAMMA Investing LLC raised its stake in CNX Resources by 62.1% in the 3rd quarter. GAMMA Investing LLC now owns 3,073 shares of the oil and gas producer’s stock worth $100,000 after acquiring an additional 1,177 shares during the last quarter. Innealta Capital LLC purchased a new position in shares of CNX Resources in the second quarter worth about $131,000. Finally, Atomi Financial Group Inc. purchased a new position in CNX Resources during the 3rd quarter worth approximately $202,000. 95.16% of the stock is currently owned by hedge funds and other institutional investors.

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.