CNX Resources Q1 EPS Boosted by Capital One Financial

CNX Resources Co. (NYSE:CNX) – Capital One Financial lifted their Q1 2025 earnings estimates for 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 previous forecast of $0.56. Capital One Financial has a “Equal Weight” rating and a $25.00 price target 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.

CNX Resources (NYSE:CNX) last announced its quarterly earnings results on Thursday, October 24th. The oil and gas producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $398.33 million. During the same quarter last year, the business posted $0.35 EPS.

A number of other analysts have also recently weighed in on CNX. Tudor, Pickering, Holt & Co. cut shares of CNX Resources from a “hold” rating to a “sell” rating in a report on Tuesday, October 1st. Bank of America initiated coverage on shares of CNX Resources in a research note on Monday, October 28th. They issued an “underperform” rating and a $34.00 price target on the stock. Stephens boosted their price objective on CNX Resources from $26.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Mizuho cut CNX Resources from a “neutral” rating to an “underperform” rating and raised their target price for the company from $33.00 to $38.00 in a research report on Monday, December 16th. Finally, Truist Financial boosted their price target on CNX Resources from $34.00 to $35.00 and gave the stock a “hold” rating in a research report on Friday, December 6th. Eight research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $30.50.

CNX Resources Price Performance

Shares of NYSE CNX opened at $31.20 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.37 and a quick ratio of 0.36. The firm has a market capitalization of $4.66 billion, a PE ratio of 9.81, 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 business’s fifty day moving average price is $37.23 and its two-hundred day moving average price is $31.68.

Institutional Investors Weigh In On CNX Resources

Several hedge funds have recently made changes to their positions in the company. Sequoia Financial Advisors LLC raised its stake in CNX Resources by 3.5% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 13,135 shares of the oil and gas producer’s stock valued at $428,000 after purchasing an additional 442 shares during the period. CWM LLC raised its position in CNX Resources by 77.0% during the third quarter. CWM LLC now owns 2,149 shares of the oil and gas producer’s stock valued at $70,000 after buying an additional 935 shares during the period. Vanguard Personalized Indexing Management LLC raised its position in CNX Resources by 3.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 29,307 shares of the oil and gas producer’s stock valued at $712,000 after buying an additional 941 shares during the period. Blue Trust Inc. lifted its stake in CNX Resources by 135.4% in the 3rd quarter. Blue Trust Inc. now owns 1,966 shares of the oil and gas producer’s stock worth $64,000 after acquiring an additional 1,131 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in 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 worth $100,000 after acquiring an additional 1,177 shares during the period. Hedge funds and other institutional investors own 95.16% of the company’s stock.

Insider Activity at CNX Resources

In other CNX Resources news, major shareholder Mfn Partners, Lp sold 1,075,000 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $31.09, for a total value of $33,421,750.00. Following the completion of the transaction, the insider now directly owns 13,925,000 shares in the company, valued at $432,928,250. This trade represents a 7.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 4.65% of the company’s stock.

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.