Capital One Financial Comments on CNX Resources Q1 Earnings

CNX Resources Co. (NYSE:CNX) – Equities researchers at Capital One Financial lifted their Q1 2025 earnings per share (EPS) estimates for shares of CNX Resources in a research report issued to clients and investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will earn $0.62 per share for the quarter, up from their prior forecast of $0.56. Capital One Financial has a “Equal Weight” rating and a $25.00 price objective on the stock. The consensus estimate for CNX Resources’ current full-year earnings is $1.54 per share. Capital One Financial also issued estimates for CNX Resources’ Q2 2025 earnings at $0.59 EPS, Q3 2025 earnings at $0.62 EPS, Q4 2025 earnings at $0.63 EPS and FY2025 earnings at $2.46 EPS.

Other research analysts also recently issued research reports about the company. Mizuho downgraded CNX Resources from a “neutral” rating to an “underperform” rating and upped their target price for the stock from $33.00 to $38.00 in a report on Monday, December 16th. Piper Sandler upped their target price on CNX Resources from $20.00 to $23.00 and gave the stock an “underweight” rating in a report on Friday, December 6th. Tudor Pickering upgraded CNX Resources to a “strong sell” rating in a research note on Tuesday, October 1st. Bank of America started coverage on CNX Resources in a research note on Monday, October 28th. They issued an “underperform” rating and a $34.00 price target on the stock. Finally, JPMorgan Chase & Co. downgraded CNX Resources from a “neutral” rating to an “underweight” rating and upped their price target for the stock from $31.00 to $37.00 in a research note on Thursday, December 5th. Nine equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat, CNX Resources currently has an average rating of “Reduce” and a consensus target price of $30.36.

CNX Resources Stock Down 3.9 %

CNX stock opened at $30.01 on Friday. CNX Resources has a fifty-two week low of $19.07 and a fifty-two week high of $41.93. The business’s 50 day moving average price is $37.23 and its two-hundred day moving average price is $31.68. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.36 and a current ratio of 0.37. The company has a market capitalization of $4.48 billion, a price-to-earnings ratio of 9.44, a price-to-earnings-growth ratio of 1.85 and a beta of 1.42.

CNX Resources (NYSE:CNX) last released its quarterly earnings results on Thursday, October 24th. The oil and gas producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.09. CNX Resources had a return on equity of 7.54% and a net margin of 27.79%. The business had revenue of $424.21 million during the quarter, compared to analyst estimates of $398.33 million. During the same quarter in the prior year, the company posted $0.35 EPS.

Institutional Investors Weigh In On CNX Resources

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Natixis Advisors LLC grew its position in shares of CNX Resources by 9.1% during the second quarter. Natixis Advisors LLC now owns 40,403 shares of the oil and gas producer’s stock valued at $982,000 after purchasing an additional 3,366 shares in the last quarter. Choreo LLC purchased a new position in CNX Resources in the second quarter worth about $701,000. Texas Permanent School Fund Corp lifted its stake in CNX Resources by 68.9% in the second quarter. Texas Permanent School Fund Corp now owns 224,416 shares of the oil and gas producer’s stock worth $5,453,000 after purchasing an additional 91,570 shares during the last quarter. American Century Companies Inc. lifted its stake in CNX Resources by 12.0% in the second quarter. American Century Companies Inc. now owns 3,699,186 shares of the oil and gas producer’s stock worth $89,890,000 after purchasing an additional 397,729 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in CNX Resources by 212.5% in the second quarter. Federated Hermes Inc. now owns 147,197 shares of the oil and gas producer’s stock worth $3,577,000 after purchasing an additional 100,095 shares during the last quarter. 95.16% of the stock is owned by institutional investors.

Insider Activity

In related news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $31.09, for a total value of $33,421,750.00. Following the transaction, the insider now directly owns 13,925,000 shares of the company’s stock, valued at approximately $432,928,250. This trade represents a 7.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.65% 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.