Capital One Financial Forecasts CNX Resources Q1 Earnings

CNX Resources Co. (NYSE:CNX - Free Report) - Stock analysts at Capital One Financial dropped their Q1 2025 earnings per share (EPS) estimates for CNX Resources in a research report issued to clients and investors on Tuesday, February 18th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will earn $0.54 per share for the quarter, down from their prior forecast of $0.62. The consensus estimate for CNX Resources' current full-year earnings is $2.18 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.

Several other brokerages have also issued reports on CNX. Raymond James raised CNX Resources from an "underperform" rating to a "market perform" rating in a research report on Tuesday, February 18th. TD Cowen assumed coverage on shares of CNX Resources in a report on Wednesday, January 15th. They set a "hold" rating and a $27.00 target price on the stock. StockNews.com lowered shares of CNX Resources from a "hold" rating to a "sell" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. lowered shares of CNX Resources from a "neutral" rating to an "underweight" rating and boosted their price objective for the stock from $31.00 to $37.00 in a research note on Thursday, December 5th. Finally, Roth Capital set a $30.00 target price on shares of CNX Resources in a research note on Thursday, January 23rd. Nine research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of $29.69.

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CNX Resources Stock Up 1.2 %

CNX traded up $0.36 on Friday, hitting $30.26. The company had a trading volume of 3,123,974 shares, compared to its average volume of 3,896,660. The stock has a fifty day simple moving average of $31.45 and a 200-day simple moving average of $32.72. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.33 and a quick ratio of 0.32. The firm has a market capitalization of $4.50 billion, a P/E ratio of -44.49, a P/E/G ratio of 0.42 and a beta of 1.38. CNX Resources has a 52-week low of $20.45 and a 52-week high of $41.93.

CNX Resources (NYSE:CNX - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The oil and gas producer reported $0.57 EPS for the quarter, topping the consensus estimate of $0.43 by $0.14. CNX Resources had a negative net margin of 7.14% and a positive return on equity of 6.72%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. CWM LLC boosted its holdings in CNX Resources by 77.0% in the third quarter. CWM LLC now owns 2,149 shares of the oil and gas producer's stock worth $70,000 after purchasing an additional 935 shares during the last quarter. Creative Planning boosted its stake in shares of CNX Resources by 17.5% in the 3rd quarter. Creative Planning now owns 36,735 shares of the oil and gas producer's stock worth $1,196,000 after buying an additional 5,470 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of CNX Resources by 135.4% in the third quarter. Blue Trust Inc. now owns 1,966 shares of the oil and gas producer's stock worth $64,000 after acquiring an additional 1,131 shares during the period. Sequoia Financial Advisors LLC increased its position in CNX Resources by 3.5% during the third quarter. Sequoia Financial Advisors LLC now owns 13,135 shares of the oil and gas producer's stock valued at $428,000 after acquiring an additional 442 shares during the last quarter. Finally, Private Advisor Group LLC bought a new position in CNX Resources in the third quarter valued at about $222,000. 95.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CNX Resources

In other CNX Resources news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of the company's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $31.09, for a total transaction of $33,421,750.00. Following the transaction, the insider now 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 Securities & Exchange Commission, which is accessible through this hyperlink. 3.10% of the stock is currently owned by insiders.

CNX Resources Company Profile

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.