CNX Resources (CNX) Expected to Announce Quarterly Earnings on Thursday

CNX Resources (NYSE:CNX - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $467.33 million for the quarter.

CNX Resources Stock Up 0.5%

CNX Resources stock traded up $0.16 on Friday, hitting $34.24. 1,862,609 shares of the stock traded hands, compared to its average volume of 2,592,570. The company has a current ratio of 0.27, a quick ratio of 0.25 and a debt-to-equity ratio of 0.63. The firm has a market cap of $4.96 billion, a P/E ratio of -16.62, a price-to-earnings-growth ratio of 0.34 and a beta of 0.66. The business's fifty day simple moving average is $32.74 and its 200 day simple moving average is $31.05. CNX Resources has a 1 year low of $23.85 and a 1 year high of $41.93.

Wall Street Analyst Weigh In

CNX has been the subject of several recent analyst reports. Barclays initiated coverage on CNX Resources in a research report on Monday, July 7th. They issued an "equal weight" rating and a $33.00 price target for the company. Cowen reaffirmed a "hold" rating on shares of CNX Resources in a research report on Friday, April 25th. Piper Sandler lifted their price objective on CNX Resources from $21.00 to $25.00 and gave the stock an "underweight" rating in a report on Tuesday, May 13th. Morgan Stanley reiterated an "underweight" rating and issued a $31.00 price objective on shares of CNX Resources in a report on Tuesday, April 15th. Finally, Scotiabank reiterated a "sector perform" rating and issued a $35.00 price objective (up from $33.00) on shares of CNX Resources in a report on Friday, July 11th. Eight research analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $31.85.

Insider Activity

In other news, Director J. Palmer Clarkson acquired 10,000 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were acquired at an average cost 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 approximately $7,657,509.60. The trade was a 4.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.10% of the stock is owned by company insiders.

Institutional Trading of CNX Resources

An institutional investor recently bought a new position in CNX Resources stock. Acadian Asset Management LLC acquired a new stake in CNX Resources Corporation. (NYSE:CNX - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,548 shares of the oil and gas producer's stock, valued at approximately $583,000. Institutional investors and hedge funds own 95.16% of the company's stock.

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.