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

CNX Resources (NYSE:CNX - Get Free Report) is expected to be issuing 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 Performance

CNX Resources stock traded up $0.16 during trading on Friday, hitting $34.24. The stock had a trading volume of 1,861,663 shares, compared to its average volume of 2,590,575. CNX Resources has a 1 year low of $23.85 and a 1 year high of $41.93. The company has a quick ratio of 0.25, a current ratio of 0.27 and a debt-to-equity ratio of 0.63. The stock's 50 day moving average is $32.68 and its two-hundred day moving average is $31.10. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of -16.62, a price-to-earnings-growth ratio of 0.33 and a beta of 0.66.

Insider Activity

In related news, Director J. Palmer Clarkson acquired 10,000 shares of CNX Resources stock in a transaction dated Monday, May 12th. The shares were purchased at an average cost of $31.20 per share, with a total value of $312,000.00. Following the completion of the purchase, the director 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.10% of the company's stock.

Institutional Trading of CNX Resources

A hedge fund recently bought a new stake in CNX Resources stock. Acadian Asset Management LLC bought a new position in CNX Resources Corporation. (NYSE:CNX - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,548 shares of the oil and gas producer's stock, valued at approximately $583,000. Institutional investors own 95.16% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on CNX. Bank of America dropped their price objective on CNX Resources from $32.00 to $27.00 and set an "underperform" rating on the stock in a research note on Tuesday, April 1st. Morgan Stanley restated an "underweight" rating and set a $31.00 target price on shares of CNX Resources in a research report on Tuesday, April 15th. Scotiabank restated a "sector perform" rating and set a $35.00 target price (up previously from $33.00) on shares of CNX Resources in a research report on Friday, July 11th. Cowen restated a "hold" rating on shares of CNX Resources in a research report on Friday, April 25th. Finally, Mizuho increased their price objective on CNX Resources from $35.00 to $36.00 and gave the stock an "underperform" rating in a research report on Tuesday, May 13th. Eight equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $31.85.

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.