Roth Capital Forecasts CNX Resources’ Q3 Earnings (NYSE:CNX)

CNX Resources Co. (NYSE:CNX) – Investment analysts at Roth Capital dropped their Q3 2025 earnings per share (EPS) estimates for shares of CNX Resources in a research note issued to investors on Monday, April 14th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.21. The consensus estimate for CNX Resources’ current full-year earnings is $2.18 per share. Roth Capital also issued estimates for CNX Resources’ Q4 2025 earnings at $0.18 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $0.46 EPS, Q4 2026 earnings at $0.51 EPS and FY2026 earnings at $2.10 EPS.

CNX Resources (NYSE:CNX) last posted its quarterly 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%.

A number of other research firms also recently issued reports on CNX. JPMorgan Chase & Co. raised their price target on CNX Resources from $32.00 to $33.00 and gave the stock an “underweight” rating in a research note on Thursday, March 13th. Raymond James raised CNX Resources from an “underperform” rating to a “market perform” rating in a report on Tuesday, February 18th. Scotiabank upgraded CNX Resources from a “sector underperform” rating to a “sector perform” rating and set a $33.00 price target on the stock in a research report on Friday, April 11th. Piper Sandler decreased their price objective on CNX Resources from $23.00 to $22.00 and set an “underweight” rating for the company in a research report on Wednesday, January 29th. Finally, Bank of America dropped their target price on CNX Resources from $32.00 to $27.00 and set an “underperform” rating on the stock in a report on Tuesday, April 1st. Eight equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $31.25.

CNX Resources Price Performance

Shares of NYSE:CNX opened at $30.85 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.33 and a quick ratio of 0.32. CNX Resources has a 12 month low of $22.82 and a 12 month high of $41.93. The firm has a market capitalization of $4.54 billion, a P/E ratio of -45.37, a P/E/G ratio of 0.42 and a beta of 1.33. The company’s fifty day moving average price is $30.30 and its 200 day moving average price is $33.26.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CNX. Bessemer Group Inc. lifted its stake in shares of CNX Resources by 131.5% during the fourth quarter. Bessemer Group Inc. now owns 926 shares of the oil and gas producer’s stock valued at $34,000 after buying an additional 526 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in CNX Resources in the 4th quarter valued at $39,000. VSM Wealth Advisory LLC purchased a new position in shares of CNX Resources during the 4th quarter worth $55,000. Harbor Capital Advisors Inc. acquired a new stake in shares of CNX Resources during the first quarter worth $61,000. Finally, UMB Bank n.a. grew its position in shares of CNX Resources by 59.7% in the first quarter. UMB Bank n.a. now owns 2,062 shares of the oil and gas producer’s stock valued at $65,000 after purchasing an additional 771 shares during the period. Institutional investors and hedge funds 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.