Analysts Offer Predictions for CNX Resources FY2026 Earnings

CNX Resources Co. (NYSE:CNX) – Capital One Financial increased their FY2026 earnings estimates for shares of CNX Resources in a note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings per share of $3.43 for the year, up from their previous estimate of $2.85. 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.

CNX Resources (NYSE:CNX) last issued its quarterly earnings data on Thursday, October 24th. The oil and gas producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.09. The business had revenue of $424.21 million for the quarter, compared to analyst estimates of $398.33 million. CNX Resources had a net margin of 27.79% and a return on equity of 7.54%. During the same period last year, the business posted $0.35 earnings per share.

CNX has been the subject of a number of other reports. Piper Sandler increased their price objective on CNX Resources from $20.00 to $23.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. BMO Capital Markets raised their price target on shares of CNX Resources from $26.00 to $29.00 and gave the stock a “market perform” rating in a research note on Friday, October 4th. Mizuho lowered shares of CNX Resources from a “neutral” rating to an “underperform” rating and boosted their price objective for the stock from $33.00 to $38.00 in a research report on Monday, December 16th. Truist Financial raised their target price on shares of CNX Resources from $34.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, December 6th. Finally, Tudor Pickering raised shares of CNX Resources to a “strong sell” rating in a research report on Tuesday, October 1st. Nine equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $30.36.

CNX Resources Stock Performance

CNX opened at $30.01 on Monday. The company has a market capitalization of $4.48 billion, a price-to-earnings ratio of 9.44, a P/E/G ratio of 1.85 and a beta of 1.42. The business’s 50-day moving average price is $37.15 and its two-hundred day moving average price is $31.83. CNX Resources has a 1 year low of $19.07 and a 1 year high of $41.93. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.37 and a quick ratio of 0.36.

Insider Buying and Selling at CNX Resources

In related news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $31.09, for a total value of $33,421,750.00. Following the transaction, the insider now owns 13,925,000 shares in the company, valued at approximately $432,928,250. This represents a 7.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On CNX Resources

Institutional investors have recently made changes to their positions in the company. CWA Asset Management Group LLC acquired a new stake in shares of CNX Resources during the fourth quarter worth $241,000. World Investment Advisors LLC bought a new position in CNX Resources during the third quarter worth about $534,000. Geode Capital Management LLC raised its stake in CNX Resources by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,602,837 shares of the oil and gas producer’s stock worth $117,366,000 after purchasing an additional 12,333 shares in the last quarter. M&T Bank Corp boosted its holdings in CNX Resources by 25.4% in the 3rd quarter. M&T Bank Corp now owns 18,057 shares of the oil and gas producer’s stock valued at $588,000 after purchasing an additional 3,663 shares during the period. Finally, Hodges Capital Management Inc. acquired a new position in shares of CNX Resources during the 3rd quarter worth approximately $212,000. Institutional investors own 95.16% of the company’s stock.

About CNX Resources

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.