Q1 EPS Estimates for CNX Resources Cut by Roth Capital

Key Points

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CNX Resources Corporation. (NYSE:CNX - Free Report) - Investment analysts at Roth Capital reduced their Q1 2026 EPS estimates for shares of CNX Resources in a research report issued to clients and investors on Monday, August 18th. Roth Capital analyst L. Mariani now forecasts that the oil and gas producer will earn $0.52 per share for the quarter, down from their prior forecast of $0.63. The consensus estimate for CNX Resources' current full-year earnings is $2.18 per share.

A number of other equities research analysts have also recently commented on the stock. Barclays initiated coverage on shares of CNX Resources in a research note on Monday, July 7th. They issued an "equal weight" rating and a $33.00 price objective on the stock. TD Cowen raised shares of CNX Resources to a "hold" rating in a research note on Monday, July 7th. Cowen restated a "hold" rating on shares of CNX Resources in a report on Friday, April 25th. Mizuho upped their target price on shares of CNX Resources from $35.00 to $36.00 and gave the company an "underperform" rating in a report on Tuesday, May 13th. Finally, Piper Sandler reduced their target price on shares of CNX Resources from $26.00 to $24.00 and set an "underweight" rating on the stock in a report on Thursday, August 14th. 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 company's stock. Based on data from MarketBeat, CNX Resources currently has a consensus rating of "Hold" and a consensus price target of $31.77.

CNX Resources Stock Performance

NYSE:CNX opened at $28.13 on Tuesday. The company has a quick ratio of 0.30, a current ratio of 0.33 and a debt-to-equity ratio of 0.56. CNX Resources has a fifty-two week low of $26.45 and a fifty-two week high of $41.93. The stock has a market cap of $3.98 billion, a PE ratio of 47.68, a price-to-earnings-growth ratio of 0.25 and a beta of 0.64. The firm's fifty day simple moving average is $31.93 and its 200-day simple moving average is $31.05.

Institutional Trading of CNX Resources

Several institutional investors have recently added to or reduced their stakes in CNX. Woodline Partners LP bought a new stake in CNX Resources during the fourth quarter valued at $71,971,000. Nuveen LLC acquired a new position in shares of CNX Resources during the first quarter valued at $35,567,000. Adage Capital Partners GP L.L.C. boosted its holdings in shares of CNX Resources by 514.0% during the first quarter. Adage Capital Partners GP L.L.C. now owns 1,200,000 shares of the oil and gas producer's stock valued at $37,776,000 after acquiring an additional 1,004,545 shares during the period. Vanguard Group Inc. boosted its holdings in shares of CNX Resources by 4.4% during the first quarter. Vanguard Group Inc. now owns 15,952,281 shares of the oil and gas producer's stock valued at $502,178,000 after acquiring an additional 665,289 shares during the period. Finally, Mackenzie Financial Corp boosted its holdings in shares of CNX Resources by 5,262.2% during the second quarter. Mackenzie Financial Corp now owns 555,473 shares of the oil and gas producer's stock valued at $18,708,000 after acquiring an additional 545,114 shares during the period. Institutional investors 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.

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