Roth Capital Increases Earnings Estimates for CNX Resources

CNX Resources Co. (NYSE:CNX - Free Report) - Stock analysts at Roth Capital lifted their Q4 2025 earnings per share estimates for shares of CNX Resources in a research report issued to clients and investors on Thursday, December 5th. Roth Capital analyst L. Mariani now forecasts that the oil and gas producer will post earnings per share of $0.40 for the quarter, up from their previous estimate of $0.33. The consensus estimate for CNX Resources' current full-year earnings is $1.53 per share.

A number of other analysts have also recently weighed in on CNX. Stephens increased their price target on shares of CNX Resources from $26.00 to $35.00 and gave the stock an "equal weight" rating in a research note on Friday, October 25th. Mizuho raised their price target on CNX Resources from $32.00 to $33.00 and gave the stock a "neutral" rating in a report on Monday, October 14th. Truist Financial upped their price objective on CNX Resources from $34.00 to $35.00 and gave the company a "hold" rating in a research note on Friday. Tudor Pickering raised CNX Resources to a "strong sell" rating in a report on Tuesday, October 1st. Finally, Bank of America began coverage on CNX Resources in a report on Monday, October 28th. They set an "underperform" rating and a $34.00 price target for the company. Seven equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company's stock. Based on data from MarketBeat.com, CNX Resources has an average rating of "Reduce" and an average target price of $30.00.

CNX Resources Stock Performance

CNX traded down $0.07 during trading on Monday, hitting $36.75. 1,863,364 shares of the stock were exchanged, compared to its average volume of 2,659,859. The company has a quick ratio of 0.36, a current ratio of 0.37 and a debt-to-equity ratio of 0.46. CNX Resources has a 1-year low of $19.07 and a 1-year high of $41.93. The stock has a fifty day moving average price of $36.83 and a two-hundred day moving average price of $30.00. The firm has a market capitalization of $5.49 billion, a P/E ratio of 11.58, a PEG ratio of 1.78 and a beta of 1.43.

CNX Resources (NYSE:CNX - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.09. The firm had revenue of $424.21 million during the quarter, compared to analysts' expectations of $398.33 million. CNX Resources had a net margin of 27.79% and a return on equity of 7.54%. During the same period in the previous year, the company earned $0.35 earnings per share.

Hedge Funds Weigh In On CNX Resources

Several hedge funds and other institutional investors have recently bought and sold shares of CNX. Mizuho Markets Americas LLC purchased a new stake in shares of CNX Resources in the 2nd quarter worth about $97,200,000. American Century Companies Inc. raised its holdings in shares of CNX Resources by 12.0% in 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 during the last quarter. Geode Capital Management LLC lifted its position in shares of CNX Resources by 0.3% in the third quarter. Geode Capital Management LLC now owns 3,602,837 shares of the oil and gas producer's stock valued at $117,366,000 after acquiring an additional 12,333 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in CNX Resources by 12.2% during 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. Finally, LSV Asset Management lifted its holdings in CNX Resources by 1.4% in the 2nd quarter. LSV Asset Management now owns 1,780,921 shares of the oil and gas producer's stock valued at $43,276,000 after purchasing an additional 23,800 shares in the last quarter. 95.16% of the stock is owned by institutional investors and hedge funds.

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.