CNX Resources (CNX) Projected to Post Earnings on Thursday

CNX Resources (NYSE:CNX) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $512.90 million for the quarter.

CNX Resources (NYSE:CNX) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas producer reported $0.57 EPS for the quarter, topping the consensus estimate of $0.43 by $0.14. CNX Resources had a negative net margin of 7.14% and a positive return on equity of 6.72%. On average, analysts expect CNX Resources to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CNX Resources Stock Up 1.1 %

CNX Resources stock opened at $30.31 on Wednesday. The firm has a 50 day moving average price of $30.32 and a 200-day moving average price of $33.18. The company has a quick ratio of 0.32, a current ratio of 0.33 and a debt-to-equity ratio of 0.45. CNX Resources has a twelve month low of $22.82 and a twelve month high of $41.93. The company has a market capitalization of $4.46 billion, a P/E ratio of -44.57, a P/E/G ratio of 0.42 and a beta of 1.33.

Analysts Set New Price Targets

A number of analysts have issued reports on CNX shares. StockNews.com downgraded CNX Resources from a “hold” rating to a “sell” rating in a research report on Thursday, February 13th. Scotiabank raised CNX Resources from a “sector underperform” rating to a “sector perform” rating and set a $33.00 price objective for the company in a report on Friday, April 11th. JPMorgan Chase & Co. upped their price objective on shares of CNX Resources from $32.00 to $33.00 and gave the company an “underweight” rating in a report on Thursday, March 13th. Stephens upgraded shares of CNX Resources from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $35.00 to $48.00 in a research note on Tuesday, March 18th. Finally, Bank of America dropped their price target on shares of CNX Resources from $32.00 to $27.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 1st. Eight analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, CNX Resources has a consensus rating of “Hold” and an average target price of $31.17.

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.