Brokers Set Expectations for CNX Resources Q4 Earnings

CNX Resources Co. (NYSE:CNX - Free Report) - Investment analysts at Capital One Financial dropped their Q4 2025 earnings estimates for shares of CNX Resources in a report released on Monday, October 14th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will earn $0.58 per share for the quarter, down from their prior forecast of $0.59. 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 $1.43 per share.

Several other equities analysts also recently commented on the stock. Stephens reissued an "equal weight" rating and set a $27.00 target price on shares of CNX Resources in a research report on Monday, July 15th. StockNews.com lowered CNX Resources from a "hold" rating to a "sell" rating in a report on Saturday, August 3rd. Mizuho increased their price target on CNX Resources from $32.00 to $33.00 and gave the company a "neutral" rating in a report on Monday. Scotiabank boosted their price objective on shares of CNX Resources from $25.00 to $27.00 and gave the stock a "sector underperform" rating in a research note on Tuesday, August 20th. Finally, BMO Capital Markets raised their target price on shares of CNX Resources from $26.00 to $29.00 and gave the company a "market perform" rating in a research note on Friday, October 4th. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $27.10.

CNX Resources Stock Down 0.9 %

CNX traded down $0.31 during midday trading on Thursday, hitting $35.05. 2,127,775 shares of the company's stock traded hands, compared to its average volume of 2,718,957. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.41 and a quick ratio of 0.40. The company has a market cap of $5.37 billion, a PE ratio of 6.35 and a beta of 1.38. CNX Resources has a one year low of $19.07 and a one year high of $36.96. The stock's fifty day simple moving average is $29.74 and its 200-day simple moving average is $26.46.

CNX Resources (NYSE:CNX - Get Free Report) last issued its earnings results on Thursday, July 25th. The oil and gas producer reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.09. The firm had revenue of $321.44 million for the quarter, compared to the consensus estimate of $387.46 million. CNX Resources had a return on equity of 7.51% and a net margin of 26.64%. During the same quarter in the previous year, the company posted $0.29 earnings per share.

Institutional Trading of CNX Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mizuho Markets Americas LLC bought a new stake in shares of CNX Resources in the 2nd quarter valued at approximately $97,200,000. 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 worth $89,890,000 after acquiring an additional 397,729 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of 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 in the last quarter. LSV Asset Management grew its holdings in shares of CNX Resources by 18.0% in the 1st quarter. LSV Asset Management now owns 1,757,121 shares of the oil and gas producer's stock worth $41,679,000 after purchasing an additional 267,768 shares during the last quarter. Finally, Quantbot Technologies LP increased its position in shares of CNX Resources by 533.4% during the 1st quarter. Quantbot Technologies LP now owns 286,480 shares of the oil and gas producer's stock worth $6,795,000 after purchasing an additional 241,250 shares in the last quarter. Institutional investors own 95.16% of the company's stock.

Insiders Place Their Bets

In other news, Director Bernard Lanigan, Jr. acquired 75,000 shares of the stock in a transaction dated Monday, September 9th. The shares were acquired at an average cost of $26.81 per share, for a total transaction of $2,010,750.00. Following the completion of the transaction, the director now owns 401,820 shares in the company, valued at approximately $10,772,794.20. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate 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.