Q1 EPS Estimates for CNX Resources Increased by Analyst

CNX Resources Co. (NYSE:CNX - Free Report) - Equities researchers at Roth Capital increased their Q1 2025 earnings per share (EPS) estimates for CNX Resources in a research report issued on Monday, April 14th. Roth Capital analyst L. Mariani now expects that the oil and gas producer will post earnings per share of $0.69 for the quarter, up from their prior forecast of $0.47. The consensus estimate for CNX Resources' current full-year earnings is $2.18 per share. Roth Capital also issued estimates for CNX Resources' Q2 2025 earnings at $0.28 EPS and FY2025 earnings at $1.34 EPS.

CNX has been the subject of several other research reports. Stephens raised CNX Resources from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $35.00 to $48.00 in a report on Tuesday, March 18th. Morgan Stanley reiterated an "underweight" rating and issued a $31.00 price target on shares of CNX Resources in a research note on Tuesday, April 15th. Piper Sandler reduced their price objective on CNX Resources from $22.00 to $21.00 and set an "underweight" rating for the company in a report on Tuesday. Mizuho lifted their price target on CNX Resources from $34.00 to $35.00 and gave the stock an "underperform" rating in a report on Monday, April 7th. Finally, JPMorgan Chase & Co. upped their price objective on CNX Resources from $32.00 to $33.00 and gave the company an "underweight" rating in a report on Thursday, March 13th. Eight investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $31.17.

CNX Resources Stock Performance

NYSE:CNX traded up $0.48 on Thursday, hitting $30.45. The company's stock had a trading volume of 534,974 shares, compared to its average volume of 3,121,613. The company has a current ratio of 0.33, a quick ratio of 0.32 and a debt-to-equity ratio of 0.45. CNX Resources has a one year low of $22.82 and a one year high of $41.93. The stock has a fifty day moving average of $30.32 and a two-hundred day moving average of $33.20. The firm has a market capitalization of $4.48 billion, a P/E ratio of -44.78, a price-to-earnings-growth ratio of 0.42 and a beta of 1.33.

CNX Resources (NYSE:CNX - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas producer reported $0.57 EPS for the quarter, beating analysts' consensus estimates 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 and other institutional investors have recently bought and sold shares of the business. Woodline Partners LP bought a new stake in shares of CNX Resources during the 4th quarter valued at approximately $71,971,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of CNX Resources during the fourth quarter worth $37,923,000. Millennium Management LLC boosted its holdings in shares of CNX Resources by 69.1% during the 4th quarter. Millennium Management LLC now owns 1,154,588 shares of the oil and gas producer's stock valued at $42,339,000 after acquiring an additional 471,763 shares in the last quarter. Northern Trust Corp grew its position in CNX Resources by 20.5% during the 4th quarter. Northern Trust Corp now owns 2,421,387 shares of the oil and gas producer's stock worth $88,792,000 after acquiring an additional 411,485 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in CNX Resources in the fourth quarter valued at about $14,268,000. 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.