Analysts Offer Predictions for CNX Resources Q1 Earnings

CNX Resources Co. (NYSE:CNX) – Capital One Financial increased their Q1 2025 earnings estimates for shares of CNX Resources in a report released on Wednesday, January 8th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings of $0.62 per share 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.

Several other brokerages have also commented on CNX. Stephens upped their price target on shares of CNX Resources from $26.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Tudor, Pickering, Holt & Co. downgraded CNX Resources from a “hold” rating to a “sell” rating in a report on Tuesday, October 1st. Bank of America began coverage on CNX Resources in a report on Monday, October 28th. They issued an “underperform” rating and a $34.00 target price on the stock. Truist Financial upped their price target 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, Piper Sandler lifted their price objective on CNX Resources from $20.00 to $23.00 and gave the company an “underweight” rating in a research note on Friday, December 6th. Eight investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $30.50.

CNX Resources Trading Up 2.3 %

Shares of CNX stock opened at $31.20 on Friday. The firm’s 50-day simple moving average is $37.23 and its 200-day simple moving average is $31.68. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.37 and a quick ratio of 0.36. CNX Resources has a 1-year low of $19.07 and a 1-year high of $41.93. The firm has a market cap of $4.66 billion, a P/E ratio of 9.81, a PEG ratio of 1.85 and a beta of 1.42.

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

Insiders Place Their Bets

In other CNX Resources news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $31.09, for a total value of $33,421,750.00. Following the transaction, the insider now directly owns 13,925,000 shares of the company’s stock, valued at $432,928,250. This represents a 7.17 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 4.65% of the stock is currently owned by company insiders.

Institutional Trading of CNX Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Natixis Advisors LLC grew its holdings in CNX Resources by 9.1% during the 2nd quarter. Natixis Advisors LLC now owns 40,403 shares of the oil and gas producer’s stock worth $982,000 after acquiring an additional 3,366 shares in the last quarter. Choreo LLC acquired a new position in CNX Resources in the second quarter worth about $701,000. Texas Permanent School Fund Corp increased its holdings in CNX Resources by 68.9% in the second quarter. Texas Permanent School Fund Corp now owns 224,416 shares of the oil and gas producer’s stock valued at $5,453,000 after buying an additional 91,570 shares during the last quarter. American Century Companies Inc. raised its stake in CNX Resources by 12.0% during the second 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 in the last quarter. Finally, Federated Hermes Inc. lifted its holdings in CNX Resources by 212.5% during the 2nd quarter. Federated Hermes Inc. now owns 147,197 shares of the oil and gas producer’s stock worth $3,577,000 after buying an additional 100,095 shares during the last quarter. 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.