Capital One Financial Weighs in on CNX Resources Q2 Earnings

CNX Resources Corporation. (NYSE:CNX) – Analysts at Capital One Financial dropped their Q2 2025 earnings per share estimates for CNX Resources in a report released on Wednesday, July 2nd. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings per share of $0.43 for the quarter, down from their prior estimate of $0.53. The consensus estimate for CNX Resources’ current full-year earnings is $2.18 per share. Capital One Financial also issued estimates for CNX Resources’ FY2026 earnings at $3.20 EPS.

A number of other brokerages have also recently commented on CNX. 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. Mizuho lifted their target price on CNX Resources from $35.00 to $36.00 and gave the company an “underperform” rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. lifted their target price on CNX Resources from $32.00 to $33.00 and gave the company an “underweight” rating in a research report on Thursday, March 13th. Stephens upgraded CNX Resources from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $35.00 to $48.00 in a report on Tuesday, March 18th. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $31.00 price objective on shares of CNX Resources in a research note on Tuesday, April 15th. Eight research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $31.58.

CNX Resources Stock Down 1.2%

Shares of NYSE CNX opened at $32.02 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.25 and a current ratio of 0.27. CNX Resources has a 52 week low of $23.85 and a 52 week high of $41.93. The stock has a market capitalization of $4.63 billion, a P/E ratio of -15.54, a PEG ratio of 0.30 and a beta of 0.66. The stock’s fifty day moving average is $32.11 and its 200 day moving average is $31.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. lifted its position in CNX Resources by 7.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,000,464 shares of the oil and gas producer’s stock worth $73,357,000 after buying an additional 139,647 shares during the last quarter. Assetmark Inc. lifted its position in CNX Resources by 2.2% in the 4th quarter. Assetmark Inc. now owns 885,429 shares of the oil and gas producer’s stock worth $32,469,000 after buying an additional 19,309 shares during the last quarter. Raymond James Financial Inc. bought a new stake in CNX Resources in the 4th quarter worth approximately $14,268,000. Inceptionr LLC bought a new stake in CNX Resources in the 4th quarter worth approximately $1,787,000. Finally, Callan Family Office LLC bought a new stake in CNX Resources in the 4th quarter worth approximately $223,000. Hedge funds and other institutional investors own 95.16% of the company’s stock.

Insiders Place Their Bets

In related news, Director J. Palmer Clarkson bought 10,000 shares of CNX Resources stock in a transaction on Monday, May 12th. The stock was acquired at an average price of $31.20 per share, with a total value of $312,000.00. Following the acquisition, the director directly owned 245,433 shares of the company’s stock, valued at $7,657,509.60. This represents a 4.25% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.10% 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.