Roth Capital Forecasts CNX Resources’ Q1 Earnings (NYSE:CNX)

CNX Resources Corporation. (NYSE:CNX) – Investment analysts at Roth Capital cut their Q1 2026 earnings per share estimates for CNX Resources in a research note issued on Monday, August 18th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will post earnings per share of $0.52 for the quarter, down from their previous estimate of $0.63. The consensus estimate for CNX Resources’ current full-year earnings is $2.18 per share.

A number of other analysts have also recently commented on the company. Barclays started coverage on CNX Resources in a research report on Monday, July 7th. They issued an “equal weight” rating and a $33.00 price objective for the company. Cowen restated a “hold” rating on shares of CNX Resources in a research report on Friday, April 25th. Piper Sandler cut their price objective on CNX Resources from $26.00 to $24.00 and set an “underweight” rating for the company in a research report on Thursday, August 14th. Scotiabank restated a “sector perform” rating and issued a $35.00 price objective (up from $33.00) on shares of CNX Resources in a research report on Friday, July 11th. Finally, Mizuho boosted their price objective on CNX Resources from $35.00 to $36.00 and gave the company an “underperform” rating in a research report on Tuesday, May 13th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat, CNX Resources has a consensus rating of “Reduce” and an average target price of $31.77.

CNX Resources Stock Up 0.4%

Shares of CNX stock opened at $28.2250 on Tuesday. The stock has a market cap of $3.99 billion, a P/E ratio of 47.84, a P/E/G ratio of 0.24 and a beta of 0.64. CNX Resources has a twelve month low of $26.45 and a twelve month high of $41.93. The stock has a 50 day moving average of $31.85 and a 200 day moving average of $31.03. The company has a current ratio of 0.33, a quick ratio of 0.30 and a debt-to-equity ratio of 0.56.

Institutional Investors Weigh In On CNX Resources

Several large investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new position in shares of CNX Resources in the 1st quarter valued at about $718,000. Principal Financial Group Inc. increased its holdings in shares of CNX Resources by 1.6% in the 1st quarter. Principal Financial Group Inc. now owns 472,300 shares of the oil and gas producer’s stock valued at $14,868,000 after acquiring an additional 7,440 shares during the last quarter. Bridges Investment Management Inc. increased its holdings in shares of CNX Resources by 111.3% in the 1st quarter. Bridges Investment Management Inc. now owns 44,673 shares of the oil and gas producer’s stock valued at $1,406,000 after acquiring an additional 23,531 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of CNX Resources by 21.0% in the 1st quarter. Farther Finance Advisors LLC now owns 2,931 shares of the oil and gas producer’s stock valued at $93,000 after acquiring an additional 508 shares during the last quarter. Finally, KBC Group NV increased its holdings in shares of CNX Resources by 25.0% in the 1st quarter. KBC Group NV now owns 7,768 shares of the oil and gas producer’s stock valued at $245,000 after acquiring an additional 1,552 shares during the last quarter. Hedge funds and other institutional investors own 95.16% 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.