CNX Resources Q1 EPS Increased by Capital One Financial

CNX Resources Co. (NYSE:CNX) – Equities researchers at Capital One Financial boosted their Q1 2025 EPS estimates for shares of CNX Resources in a research report issued on Monday, December 16th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will earn $0.56 per share for the quarter, up from their prior forecast of $0.49. Capital One Financial currently has a “Equal Weight” rating and a $25.00 target price 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.

Other equities research analysts have also issued reports about the company. Truist Financial upped their price objective on CNX Resources from $34.00 to $35.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Mizuho downgraded shares of CNX Resources from a “neutral” rating to an “underperform” rating and lifted their price objective for the stock from $33.00 to $38.00 in a research report on Monday. Tudor Pickering raised CNX Resources to a “strong sell” rating in a report on Tuesday, October 1st. JPMorgan Chase & Co. cut shares of CNX Resources from a “neutral” rating to an “underweight” rating and upped their price objective for the stock from $31.00 to $37.00 in a research report on Thursday, December 5th. Finally, 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. Eight equities research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $30.50.

CNX Resources Stock Up 0.6 %

Shares of CNX Resources stock traded up $0.20 during midday trading on Thursday, hitting $35.40. The company had a trading volume of 139,320 shares, compared to its average volume of 2,639,602. The stock has a market capitalization of $5.28 billion, a P/E ratio of 11.13, a P/E/G ratio of 1.85 and a beta of 1.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.36 and a current ratio of 0.37. The company has a 50 day moving average of $37.38 and a 200 day moving average of $30.63. CNX Resources has a 52-week low of $19.07 and a 52-week high of $41.93.

CNX Resources (NYSE:CNX) last announced its earnings results on Thursday, October 24th. The oil and gas producer reported $0.41 earnings per share 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 for the quarter, compared to the consensus estimate of $398.33 million. During the same period last year, the firm posted $0.35 earnings per share.

Institutional Trading of CNX Resources

A number of hedge funds have recently made changes to their positions in the business. Mizuho Markets Americas LLC bought a new stake in shares of CNX Resources during the second quarter worth approximately $97,200,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of CNX Resources by 311.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 616,734 shares of the oil and gas producer’s stock valued at $20,087,000 after purchasing an additional 466,694 shares during the last quarter. American Century Companies Inc. grew its stake in shares of CNX Resources by 12.0% in the 2nd quarter. American Century Companies Inc. now owns 3,699,186 shares of the oil and gas producer’s stock valued at $89,890,000 after buying an additional 397,729 shares during the period. Renaissance Technologies LLC grew its position in CNX Resources by 197.0% in the 2nd quarter. Renaissance Technologies LLC now owns 466,016 shares of the oil and gas producer’s stock valued at $11,324,000 after purchasing an additional 309,100 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of CNX Resources by 12.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,860,817 shares of the oil and gas producer’s stock valued at $60,607,000 after buying an additional 202,890 shares during the last quarter. 95.16% of the stock is owned by institutional investors and hedge funds.

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.