CNX Resources Corporation. (NYSE:CNX) Given Consensus Recommendation of “Reduce” by Analysts

Shares of CNX Resources Corporation. (NYSE:CNX) have been assigned a consensus rating of “Reduce” from the fourteen research firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $35.80.

A number of brokerages recently commented on CNX. Roth Mkm set a $35.00 price target on CNX Resources and gave the company a “neutral” rating in a research report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of CNX Resources in a research note on Monday, December 29th. Morgan Stanley raised their target price on CNX Resources from $31.00 to $32.00 and gave the company an “underweight” rating in a research report on Friday, January 23rd. Piper Sandler boosted their price target on shares of CNX Resources from $24.00 to $25.00 and gave the stock an “underweight” rating in a report on Wednesday. Finally, Zacks Research downgraded shares of CNX Resources from a “hold” rating to a “strong sell” rating in a report on Monday, January 19th.

Trending Headlines about CNX Resources

Here are the key news stories impacting CNX Resources this week:

• Positive Sentiment: CNX reported a substantial Q4 beat: materially higher revenue and a return to positive EPS after a prior-year loss, improving margins and ROE that support near-term cash generation. CNX Reports Fourth Quarter Results
• Positive Sentiment: Independent data outlets also flagged the beat versus consensus (Zacks and MarketBeat summaries), which validates the upside vs. analyst estimates and underpins forward earnings revisions. CNX Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Management commentary and the full earnings-call transcript are now available; investors should review the call slides and transcript for details on production, capex, cash-return priorities (buybacks/dividend/ debt paydown) and 2026 guidance that will drive near-term sentiment. Earnings Call Transcript
• Neutral Sentiment: Pre-earnings previews and coverage (Benzinga, MSN) outlined expectations and risks heading into results; these previews help frame the magnitude of the beat but did not change consensus positioning materially. What to Expect from CNX Resources’s Earnings
• Neutral Sentiment: An independent shop kept a Hold rating on CNX ahead of results, indicating some analysts still view the stock as fairly valued versus peers despite the beat. Siebert Williams Shank Hold Rating
• Negative Sentiment: Some market reaction was negative intraday: at least one report noted the stock pulled back despite the strong results, suggesting profit-taking, positioning differences, or concerns in the call/guidance that tempered enthusiasm. CNX Stock Falls Despite Strong Q4

CNX Resources Stock Performance

Shares of CNX stock opened at $37.55 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.34 and a quick ratio of 0.31. The firm has a 50-day moving average of $37.55 and a 200-day moving average of $33.75. CNX Resources has a one year low of $27.00 and a one year high of $42.13. The company has a market cap of $5.06 billion, a P/E ratio of 26.26, a P/E/G ratio of 0.38 and a beta of 0.63.

CNX Resources (NYSE:CNX) last issued its quarterly earnings data on Thursday, January 29th. The oil and gas producer reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.94. CNX Resources had a net margin of 16.56% and a return on equity of 9.10%. The business had revenue of $610.48 million during the quarter, compared to the consensus estimate of $422.65 million. During the same period in the prior year, the firm posted ($0.97) EPS. The firm’s quarterly revenue was up 347.0% compared to the same quarter last year. Equities research analysts forecast that CNX Resources will post 2.18 EPS for the current fiscal year.

Hedge Funds Weigh In On CNX Resources

Institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC grew its position in shares of CNX Resources by 8.6% during the 4th quarter. Farther Finance Advisors LLC now owns 4,464 shares of the oil and gas producer’s stock valued at $164,000 after purchasing an additional 353 shares in the last quarter. Pullen Investment Management LLC grew its position in CNX Resources by 1.3% during the second quarter. Pullen Investment Management LLC now owns 33,068 shares of the oil and gas producer’s stock worth $1,114,000 after buying an additional 435 shares in the last quarter. US Bancorp DE grew its position in CNX Resources by 1.9% during the second quarter. US Bancorp DE now owns 25,944 shares of the oil and gas producer’s stock worth $874,000 after buying an additional 477 shares in the last quarter. Crossmark Global Holdings Inc. increased its stake in CNX Resources by 5.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 10,881 shares of the oil and gas producer’s stock worth $349,000 after acquiring an additional 587 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in shares of CNX Resources by 1.9% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 32,099 shares of the oil and gas producer’s stock valued at $1,081,000 after acquiring an additional 601 shares in the last quarter. Hedge funds and other institutional investors own 95.16% of the company’s stock.

About CNX Resources

CNX Resources Corporation is a natural gas and natural gas liquids producer with operations concentrated in the Appalachian Basin. Established as an independent, publicly traded entity in 2018 following its spinoff from Consol Energy, the company focuses on the exploration, development and production of hydrocarbon resources in the Marcellus and Utica shales across Pennsylvania, West Virginia and Ohio.

In addition to its upstream activities, CNX Resources has invested in midstream infrastructure through its subsidiary that gathers, processes and transports natural gas.