CNX Resources FY2026 EPS Lifted by Capital One Financial

CNX Resources Co. (NYSE:CNX) – Capital One Financial raised their FY2026 EPS estimates for CNX Resources in a report issued on Wednesday, January 8th. Capital One Financial analyst B. Velie now anticipates that the oil and gas producer will post earnings per share of $3.43 for the year, up from their prior forecast of $2.85. 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.

A number of other research analysts have also recently commented on CNX. Mizuho cut CNX Resources from a “neutral” rating to an “underperform” rating and boosted their price objective for the stock from $33.00 to $38.00 in a research note on Monday, December 16th. Truist Financial upped their price target on CNX Resources from $34.00 to $35.00 and gave the stock a “hold” rating in a report on Friday, December 6th. BMO Capital Markets lifted their price objective on shares of CNX Resources from $26.00 to $29.00 and gave the company a “market perform” rating in a research note on Friday, October 4th. JPMorgan Chase & Co. cut shares of CNX Resources from a “neutral” rating to an “underweight” rating and boosted their target price for the stock from $31.00 to $37.00 in a research report on Thursday, December 5th. Finally, Bank of America started coverage on shares of CNX Resources in a report on Monday, October 28th. They set an “underperform” rating and a $34.00 price target for the company. Nine research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $30.36.

CNX Resources Stock Performance

NYSE CNX opened at $30.06 on Monday. The business’s 50-day simple moving average is $37.06 and its 200-day simple moving average is $31.87. The firm has a market capitalization of $4.49 billion, a P/E ratio of 9.45, a P/E/G ratio of 1.85 and a beta of 1.42. CNX Resources has a 1-year low of $19.07 and a 1-year high of $41.93. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.37 and a quick ratio of 0.36.

CNX Resources (NYSE:CNX) last issued its earnings results on Thursday, October 24th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.09. The firm had revenue of $424.21 million for the quarter, compared to analysts’ expectations of $398.33 million. CNX Resources had a return on equity of 7.54% and a net margin of 27.79%. During the same quarter last year, the firm earned $0.35 earnings per share.

Institutional Trading of CNX Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in CNX. Blue Trust Inc. boosted its stake in CNX Resources by 135.4% during the third quarter. Blue Trust Inc. now owns 1,966 shares of the oil and gas producer’s stock valued at $64,000 after buying an additional 1,131 shares in the last quarter. CWM LLC lifted its holdings in CNX Resources by 77.0% in the 3rd quarter. CWM LLC now owns 2,149 shares of the oil and gas producer’s stock valued at $70,000 after acquiring an additional 935 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of CNX Resources by 62.1% during the 3rd quarter. GAMMA Investing LLC now owns 3,073 shares of the oil and gas producer’s stock valued at $100,000 after purchasing an additional 1,177 shares in the last quarter. Atomi Financial Group Inc. acquired a new position in shares of CNX Resources in the 3rd quarter worth approximately $202,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of CNX Resources in the 3rd quarter worth approximately $205,000. 95.16% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CNX Resources

In other news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of CNX Resources stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $31.09, for a total transaction of $33,421,750.00. Following the sale, the insider now owns 13,925,000 shares of the company’s stock, valued at approximately $432,928,250. The trade was a 7.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.10% of the stock is currently owned by company insiders.

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.