Capital One Financial Comments on CNX Resources Q2 Earnings

CNX Resources Corporation. (NYSE:CNX - Free Report) - Equities researchers at Capital One Financial reduced their Q2 2025 earnings estimates for shares of CNX Resources in a research report issued on Wednesday, July 2nd. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will earn $0.43 per share for the quarter, down from their prior estimate of $0.53. The consensus estimate for CNX Resources' current full-year earnings is $2.18 per share. Capital One Financial also issued estimates for CNX Resources' FY2026 earnings at $3.20 EPS.

CNX has been the subject of a number of other reports. JPMorgan Chase & Co. increased their price target on CNX Resources from $32.00 to $33.00 and gave the company an "underweight" rating in a research note on Thursday, March 13th. Piper Sandler increased their price target on CNX Resources from $21.00 to $25.00 and gave the company an "underweight" rating in a research note on Tuesday, May 13th. Mizuho increased their price target on CNX Resources from $35.00 to $36.00 and gave the company an "underperform" rating in a research note on Tuesday, May 13th. 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. Finally, Stephens upgraded CNX Resources from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $35.00 to $48.00 in a research note on Tuesday, March 18th. Eight equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $31.58.

CNX Resources Price Performance

CNX stock traded down $0.39 during trading on Friday, reaching $32.02. 2,606,206 shares of the company were exchanged, compared to its average volume of 2,608,682. The company has a 50-day moving average of $32.05 and a two-hundred day moving average of $31.31. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of -15.54, a P/E/G ratio of 0.30 and a beta of 0.66. CNX Resources has a twelve month low of $23.85 and a twelve month high of $41.93. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.27 and a quick ratio of 0.25.

Insider Transactions at CNX Resources

In other CNX Resources news, Director J. Palmer Clarkson purchased 10,000 shares of the firm's stock in a transaction on Monday, May 12th. The stock was purchased at an average cost of $31.20 per share, for a total transaction of $312,000.00. Following the transaction, the director owned 245,433 shares in the company, valued at $7,657,509.60. The trade was a 4.25% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 3.10% of the company's stock.

Institutional Investors Weigh In On CNX Resources

Several large investors have recently modified their holdings of the company. Hodges Capital Management Inc. increased its position in shares of CNX Resources by 6.2% during the first quarter. Hodges Capital Management Inc. now owns 6,900 shares of the oil and gas producer's stock worth $217,000 after buying an additional 400 shares during the period. State of Alaska Department of Revenue increased its position in shares of CNX Resources by 2.4% during the first quarter. State of Alaska Department of Revenue now owns 17,437 shares of the oil and gas producer's stock worth $548,000 after buying an additional 415 shares during the period. Fox Run Management L.L.C. increased its position in shares of CNX Resources by 2.7% during the first quarter. Fox Run Management L.L.C. now owns 16,317 shares of the oil and gas producer's stock worth $514,000 after buying an additional 432 shares during the period. Pullen Investment Management LLC increased its position in shares of CNX Resources by 1.5% during the first quarter. Pullen Investment Management LLC now owns 32,633 shares of the oil and gas producer's stock worth $1,027,000 after buying an additional 482 shares during the period. Finally, Farther Finance Advisors LLC increased its position in shares of CNX Resources by 21.0% during the first quarter. Farther Finance Advisors LLC now owns 2,931 shares of the oil and gas producer's stock worth $93,000 after buying an additional 508 shares during the period. 95.16% of the stock is currently 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.