CNX Resources (CNX) Projected to Release Earnings on Thursday

Key Points

• CNX Resources is expected to report Q3 2026 earnings before markets open on October 29, with analysts forecasting $0.591 in EPS and $475.31 million in revenue.
• The company beat estimates in the previous quarter with $1.32 EPS and $618.48 million in revenue, but quarterly revenue declined 35.7% year over year.
• Analyst sentiment is cautious: CNX has a consensus “Reduce” rating, with eight Holds and three Sells and an average price target of $34.25, below its reported share price of $35.14.

CNX Resources (NYSE:CNX - Get Free Report) is expected to be announcing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to announce earnings of $0.5910 per share and revenue of $475.31 million for the quarter. Investors can check the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

CNX Resources (NYSE:CNX - Get Free Report) last posted its earnings results on Thursday, July 30th. The oil and gas producer reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.72. The company had revenue of $618.48 million during the quarter, compared to analysts' expectations of $475.16 million. CNX Resources had a net margin of 36.53% and a return on equity of 10.40%. CNX Resources's quarterly revenue was down 35.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.43 EPS. On average, analysts expect CNX Resources to post $3.12 EPS for the current fiscal year and $3.99 EPS for the next fiscal year.

CNX Resources Stock Performance

Shares of CNX stock opened at $35.14 on Thursday. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 5.87 and a beta of 0.69. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.67 and a current ratio of 0.72. The company has a 50-day simple moving average of $34.87 and a 200 day simple moving average of $35.14. CNX Resources has a 52 week low of $30.77 and a 52 week high of $43.62.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CNX shares. Scotiabank assumed coverage on shares of CNX Resources in a report on Wednesday, October 14th. They issued a "sector perform" rating and a $34.00 price target on the stock. Weiss Ratings cut CNX Resources from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, July 28th. Mizuho reduced their price objective on CNX Resources from $42.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, October 15th. Truist Financial decreased their target price on CNX Resources from $35.00 to $34.00 and set a "hold" rating on the stock in a research report on Friday, October 16th. Finally, Morgan Stanley increased their target price on CNX Resources from $32.00 to $34.00 and gave the stock an "underweight" rating in a research note on Thursday, October 15th. Eight analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $34.25.

CNX Resources Company Profile

CNX Resources Corporation NYSE: CNX is an independent natural gas exploration and production company focused on the Appalachian Basin. The company develops and produces natural gas from unconventional shale formations, with its operations concentrated in the Marcellus and Utica shale areas.

CNX's activities include leasing, drilling, completing and operating natural gas wells, as well as managing related gathering and infrastructure arrangements used to transport production to market.

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