Q1 EPS Estimates for CNX Resources Lowered by Analyst

CNX Resources Co. (NYSE:CNX) – Equities researchers at Capital One Financial lowered their Q1 2025 earnings per share estimates for CNX Resources in a research report issued on Tuesday, February 18th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will earn $0.54 per share for the quarter, down from their previous forecast of $0.62. The consensus estimate for CNX Resources’ current full-year earnings is $2.36 per share. Capital One Financial also issued estimates for CNX Resources’ Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.52 EPS, Q4 2025 earnings at $0.55 EPS, FY2025 earnings at $2.11 EPS and FY2026 earnings at $3.33 EPS.

CNX Resources (NYSE:CNX) last announced its earnings results on Thursday, January 30th. The oil and gas producer reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.14. CNX Resources had a positive return on equity of 6.72% and a negative net margin of 7.14%.

Several other equities analysts have also recently issued reports on CNX. Piper Sandler decreased their price target on CNX Resources from $23.00 to $22.00 and set an “underweight” rating on the stock in a report on Wednesday, January 29th. Truist Financial raised their price target on CNX Resources from $34.00 to $35.00 and gave the company a “hold” rating in a report on Friday, December 6th. JPMorgan Chase & Co. cut CNX Resources from a “neutral” rating to an “underweight” rating and raised their price target for the company from $31.00 to $37.00 in a report on Thursday, December 5th. StockNews.com cut CNX Resources from a “hold” rating to a “sell” rating in a report on Thursday, February 13th. Finally, Morgan Stanley started coverage on CNX Resources in a report on Friday, January 10th. They set an “underweight” rating and a $29.00 target price on the stock. Nine research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $29.67.

CNX Resources Stock Performance

Shares of NYSE:CNX opened at $29.51 on Friday. CNX Resources has a twelve month low of $20.30 and a twelve month high of $41.93. The firm has a market cap of $4.39 billion, a PE ratio of -43.39, a price-to-earnings-growth ratio of 0.40 and a beta of 1.38. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.32 and a current ratio of 0.33. The business has a fifty day moving average of $31.58 and a 200-day moving average of $32.58.

Hedge Funds Weigh In On CNX Resources

Institutional investors have recently modified their holdings of the business. Congress Asset Management Co. raised its holdings in shares of CNX Resources by 7.2% during the 4th quarter. Congress Asset Management Co. now owns 266,447 shares of the oil and gas producer’s stock worth $9,771,000 after buying an additional 17,951 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in CNX Resources by 12.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,860,817 shares of the oil and gas producer’s stock worth $60,607,000 after purchasing an additional 202,890 shares in the last quarter. World Investment Advisors LLC acquired a new position in CNX Resources in the 3rd quarter worth about $534,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in 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 worth $20,087,000 after purchasing an additional 466,694 shares in the last quarter. Finally, Convergence Investment Partners LLC acquired a new position in CNX Resources in the 4th quarter worth about $1,556,000. Institutional investors and hedge funds own 95.16% of the company’s stock.

Insider Activity at CNX Resources

In other news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of the company’s 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 completion of the sale, the insider now directly owns 13,925,000 shares in the company, valued at approximately $432,928,250. This represents a 7.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.10% of the stock is currently owned by corporate insiders.

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.