CNX Resources (NYSE:CNX) 주식

CNX RESOURCES CORP

CNX Resources

CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.

Oil drilling

Sector ETFs

Commodities

ETFs

지난 주말 OPEC+의 원유 생산 쿼터 증산 결정 이후 에너지 ETF가 다시 주목받고 있다. 일부는 긍정적인 분위기를 타고, 일부는 지정학적 불확실성에 대비해 투자하고 있다.미국과 영국의 무역 관계 개선과 미중 관세 전쟁 해결 가능성으로 유가가 급등하면서 원유 선물 및 에너지 주식을 추종하는 ETF의 거래량과 변동성이 증가했다.

OPEC+ 증산 결정, 미영 무역 협정, 미중 무역 회담 예정···원유 ETF 상승세

natural gas ai

Analyst Color

Long Ideas

Short Ideas

Upgrades

Downgrades

Analyst Ratings

Trading Ideas

셰일 오일 생산업체는 지난 15년 동안 가스 생산자들에 비해 우위를 누려왔지만 2025년에는 상황이 역전될 가능성이 높다고 JP모건이 발표했다. 애널리스트 아룬 자야람(Arun Jayaram)은 노트에서 천연가스 생산자들이 2025년에 세 가지 &#34;강력한 장기 수요 추세&#34;로부터 혜택을 볼 가능성이 있다고 언급했다:

JP모건, 2025년 천연가스에 베팅: 코노코필립스를 상향 조정, 에너지주 3종목은 하향

CNX Resources Corp

Concentrix Corp

PC Connection Inc

CONNEXUS CORPORATION by Connexus Corporation

Connexus Corp

VanEck ChiNext ETF

CONX Corp

WIIM

CNX Resources shares are trading higher after Mizuho and Piper Sandler raised their respective price targets on the stock.

Piper Sandler analyst Mark Lear maintains CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) with a Underweight and raises the price target from $21 to $25.

News

Price Target

Piper Sandler Maintains Underweight on CNX Resources, Raises Price Target to $25

Mizuho analyst Nitin Kumar maintains CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) with a Underperform and raises the price target from $35 to $36.

Mizuho Maintains Underperform on CNX Resources, Raises Price Target to $36

In the wake of <a href="https://www.benzinga.com/topic/opec">OPEC+&#8217;s weekend decision</a> to increase oil production quotas, <a href="https://www.benzinga.com/etfs">energy ETFs are back</a> in the spotlight—some surfing the wave of positive sentiment, others protecting against geopolitical uncertainty. As oil prices surged on the U.S.-UK trade relations and potential resolutions to the U.S.-China tariff war, ETFs tracking oil futures and energy stocks have experienced rising volume and volatility.
Also Read: <a href="https://www.benzinga.com/25/04/44799117/us-iran-talks-fuel-oil-rally-here-are-5-energy-etfs-in-the-radar">US-Iran Talks Fuel Oil Rally: Here Are 3 Energy ETFs In The Radar</a>
<ol>
<li>United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) The USO is perhaps the most direct play on crude oil prices. It tracks daily price movements of WTI futures. In the past week, USO has climbed in tandem with WTI's 3%+ rally, and daily trading volumes have surged. But with its exposure to short-term futures, the fund is vulnerable to contango risk, a drag on costs that can cut into returns when longer-dated futures are trading at a premium to near-term contracts. Investors are keen to observe whether the OPEC+ production increase smoothes the front of the curve, lowering the drag. </li>
<li>SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOP#NYSE">XOP</a>) The XOP ETF provides exposure to a basket of upstream energy companies—those that drill, explore, and produce. With CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) and Exxon Mobil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) among its holdings, XOP is prone to magnifying the effect of oil price volatility. The ETF advanced more than 3% following the trade deal and production news. That&#8217;s a sign of investor optimism. Exploration companies could gain from stabilized demand and more transparent global trade flows. </li>
<li>ProShares Ultra Bloomberg Crude Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCO#NYSE">UCO</a>) For the adventurous, UCO offers 2x leveraged exposure to WTI futures&#8217; daily performance. It&#8217;s become popular with short-term speculators attempting to catch news events, such as the OPEC+ output boost or US-Iran nuclear talks. While potentially profitable in robust upswings, UCO can be brutal in reversals, and thus a weapon best reserved for experienced traders. The fund advanced more than 5% on Thursday following the US-UK trade deal.</li>
</ol>
<h2 class="wp-block-heading">What&#8217;s Going On Today On The Oil Front?</h2>
As the market prices in the possibility of looser supply conditions from OPEC+ and stronger global trade relationships, oil ETFs sit in the middle of this macroeconomic tug-of-war.
OPEC+ said at the weekend it will raise its oil production quotas, speeding the rollback of previous supply cuts as part of its continuing strategy to balance market recovery with geopolitical necessities. The step, which occurs after April production slipped by a small margin due to stoppages in Venezuela, Iraq, and Libya, as discovered by a Reuters Survey, is a measure of the group&#8217;s faith in the resilience of demand as the trade environment looks up. 
In the meantime, wider macroeconomic mood has been given a significant boost by renewed momentum in global trade diplomacy. The<a href="https://www.benzinga.com/25/05/45293839/trump-starmer-strike-us-uk-trade-deal-steel-cars-beef"> just-announced U.S.-UK trade deal</a>, touted by President Trump as a &#8220;breakthrough,&#8221; is set to cut tariffs on major goods—including a major cut on UK car exports and complete removal of duties on steel and aluminum. UK Prime Minister Keir Starmer described the agreement as a &#8220;catalyst for deeper bilateral trade,&#8221; while U.S. Commerce Secretary Howard Lutnick put new opportunities for American exporters at $5 billion. The good news precedes a high-stakes meeting between <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45290148/oil-bulls-eye-rebound-as-us-china-talks-spark-hope-yardeni">U.S. Treasury Secretary Scott Bessent and China&#8217;s highest-ranking economic official</a> on May 10 in Switzerland to work out long-standing trade tensions. Collectively, these negotiations are sparking hope that a de-escalation of tariff wars can rekindle world demand, specifically for energy-intensive industries, offering a backstop of support for oil prices and commodity-linked ETFs.
While Citi Research trimmed Brent forecasts to $55 for the next three months, the firm maintained that price levels will stabilize later this year at around $60 per barrel, according to another Reuters report. That is good news for energy-themed ETFs, particularly those with less exposure to futures roll costs and more diversification throughout the oil value chain.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/05/45297474/imtm-etf-tanks-then-soars-why-global-momentum-is-making-a-comeback">IMTM ETF Tanks, Then Soars: Why Global Momentum Is Making A Comeback</a></li>
</ul>

Oil ETFs Heat Up As OPEC+ Pump-Up, US-UK Trade Deal, China Talks Fuel Rally

While crude prices continue to decline,<a href="https://www.benzinga.com/etfs" target="_blank" rel="noopener"> oil-linked ETFs</a> are not only being watched for their price action but also for the insight they provide into sentiment across various segments of the <a href="https://www.benzinga.com/topic/oil" target="_blank" rel="noopener">energy sector</a>. Two of the most heavily followed funds—United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) and SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOP#NYSE">XOP</a>)—provide different perspectives on how market players are positioned on oil volatility.
United States Oil Fund
USO is intended to replicate the daily movements of West Texas Intermediate (WTI) crude oil futures. It does this mainly through holding near-month NYMEX futures contracts, and as such, it is extremely vulnerable to short-term changes in the price of oil. The ETF <a href="https://www.uscfinvestments.com/uso">owns </a>a series of front-month WTI futures contracts and rolls them over on a monthly basis. This exposes the fund to contango and backwardation, two states in the futures curve that can either drain or enhance returns independent of spot price direction.
Also Read: <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45018013/oil-drops-below-key-support-is-55-the-next-stop-for-west-texas-intermediate">Oil Drops Below Key Support: Is $55 The Next Stop For West Texas Intermediate?</a>
Through April 29, USO has dropped almost 3% as of writing, echoing weakness in crude. For the past month, its decline, at more than 14%, has intensified as Brent and WTI are on track for a bad month.
USO tends to function as a short-term tactical trading tool instead of a long-term investment tool. Its April movement indicates increasing angst regarding short-term demand destruction with trade disruptions, risk of oversupply, and macroeconomic weakness.
SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF
Whereas USO tracks the commodity, XOP <a href="https://www.ssga.com/us/en/intermediary/etfs/spdr-sp-oil-gas-exploration-production-etf-xop">invests </a>in an equal-weighted index of U.S. energy stocks that are engaged in upstream oil and gas production. The ETF offers diversified exposure to small- and mid-cap exploration and production (E&amp;P) companies. Its equal-weighting approach minimizes concentration risk but maximizes volatility, particularly in times of declining oil prices.
Top Holdings: CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>), Marathon Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>), and Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) are among the fund&#8217;s top holdings—companies that are more exposed to commodity price fluctuations because of their relatively high-cost production and capital sensitivity.
XOP fell 0.9% Tuesday afternoon, although it has beaten USO on a relative basis over the last few weeks. That is possibly driven by a perception that equities—particularly those with solid balance sheets—can better withstand short-term price dips than the futures curve.
XOP will be ideal for investors looking for leveraged exposure to oil prices through equities when prices are moving higher. Yet, in a bear market like the current one, its small-cap bias makes it a riskier play.
Sentiment Shifts
Brent crude&nbsp;dropped&nbsp;below $63.96 a barrel on Tuesday afternoon, while West Texas Intermediate (WTI)&nbsp;was&nbsp;around $60.34—both&nbsp;<a href="https://oilprice.com/oil-price-charts/">lower&nbsp;</a>for a second&nbsp;straight&nbsp;session. Brent, which has dropped 16% year-to-date, is now set to register its biggest monthly drop&nbsp;since 2021, a reflection of&nbsp;growing&nbsp;worries&nbsp;over&nbsp;weakening&nbsp;demand and geopolitical&nbsp;uncertainty.
At the same time, <a href="https://www.bloomberg.com/news/articles/2025-04-28/latest-oil-market-news-and-analysis-for-april-29">OPEC+&#8217;s</a> hint at bringing production levels back online is exerting downward pressure on prices, with oversupply fears rising as much as the demand outlook weakens, according to Bloomberg.
Geopolitical events are further complicating matters. Negotiations between Tehran and Washington on Iran&#8217;s nuclear program have given tentative indications of progress. If diplomatic efforts result in sanctions easing, Iranian crude might return to global markets—a bearish oil price catalyst once again.
Investors in oil ETFs are also getting hit. As their prices decline, USO and XOP are experiencing increased volume as investors rethink their energy exposure in light of the increased uncertainty.
Looking forward, markets will be waiting to see economic data this week that can provide more clarity on trading conditions. Meanwhile, oil ETFs remain an important gauge of investor sentiment, capturing the fine balancing act of forces at play in the global energy market.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/04/45075953/exclusive-inside-the-bond-etf-that-thrives-in-volatility-mackay-shields-zachary-aronson-on-ho">EXCLUSIVE: Inside The Bond ETF That Thrives In Volatility—MacKay Shields&#8217; Zachary Aronson On How SECR Is Quietly Crushing It</a></li>
</ul>
Photo: Shutterstock

Specialty ETFs

Oil's Slippery Slide: What USO And XOP ETFs Reveal About Energy Market Panic

CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) reported quarterly earnings of $0.78 per share which beat the analyst consensus estimate of $0.64 by 22.5 percent. This is a 70.43 percent increase over earnings of $0.46 per share from the same period last year. The company reported quarterly sales of $441.00 million which missed the analyst consensus estimate of $517.61 million by 14.80 percent. This is a 15.75 percent increase over sales of $381.00 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

CNX Resources Q1 Adj. EPS $0.78 Beats $0.64 Estimate, Sales $441.00M Miss $517.61M Estimate

ADXN

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AMAL

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BAFN

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BFST

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BWMX

CBRE

CIVB

CMCSA

CNOB

COUR

CUBI

CURB

DAIO

DGICA

DGICB

ERIE

FARO

FBIZ

FCFS

FCNCA

FFBC

FRME

GBCI

GILD

GLPI

GNFT

GOOG

GOOGL

HELE

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IBCP

INDV

INTC

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Earnings Scheduled For April 24, 2025

CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) will release its quarterly earnings report on Thursday, 2025-04-24. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate CNX Resources to report an earnings per share (EPS) of $0.63.
CNX Resources bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings Track Record</h3>
In the previous earnings release, the company beat EPS by $0.10, leading to a 0.47% drop in the share price the following trading session.
Here's a look at CNX Resources's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.47</td>
<td>0.33</td>
<td>0.27</td>
<td>0.37</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.57</td>
<td>0.41</td>
<td>0.36</td>
<td>0.46</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>-2.0%</td>
<td>1.0%</td>
<td>0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745434888_0.png" alt="eps graph" />
<h3>Market Performance of CNX Resources's Stock</h3>
Shares of CNX Resources were trading at $30.29 as of April 22. Over the last 52-week period, shares are up 27.67%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Opinions on CNX Resources</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on CNX Resources.
The consensus rating for CNX Resources is Underperform, derived from 9 analyst ratings. An average one-year price target of $31.56 implies a potential 4.19% upside.
<h3>Comparing Ratings with Competitors</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Magnolia Oil &amp; Gas, Matador Resources and Viper Energy, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Neutral trajectory for Magnolia Oil &amp; Gas, with an average 1-year price target of $25.14, suggesting a potential 17.0% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Matador Resources, with an average 1-year price target of $68.9, suggesting a potential 127.47% upside.</li>
<li>Analysts currently favor an Outperform trajectory for Viper Energy, with an average 1-year price target of $55.9, suggesting a potential 84.55% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
The peer analysis summary outlines pivotal metrics for Magnolia Oil &amp; Gas, Matador Resources and Viper Energy, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>CNX Resources</td>
<td>Underperform</td>
<td>6.88%</td>
<td>$163.46M</td>
<td>-3.46%</td>
</tr>
<tr>
<td>Magnolia Oil &amp; Gas</td>
<td>Neutral</td>
<td>1.23%</td>
<td>$163.18M</td>
<td>4.43%</td>
</tr>
<tr>
<td>Matador Resources</td>
<td>Outperform</td>
<td>17.54%</td>
<td>$410.85M</td>
<td>4.31%</td>
</tr>
<tr>
<td>Viper Energy</td>
<td>Outperform</td>
<td>11.70%</td>
<td>$147.77M</td>
<td>13.59%</td>
</tr>
</tbody>
</table>

Key Takeaway:
CNX Resources ranks at the bottom for Revenue Growth among its peers. It is also at the bottom for Gross Profit. However, it is in the middle for Return on Equity.
<h3>All You Need to Know About CNX Resources</h3>
CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
<h3>CNX Resources's Financial Performance</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: CNX Resources's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 6.88%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: CNX Resources's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -34.47%, the company may face hurdles in effective cost management.
Return on Equity (ROE): CNX Resources's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -3.46%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): CNX Resources's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -1.7%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: CNX Resources's debt-to-equity ratio is below the industry average at 0.56, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/CNX/earnings">To track all earnings releases for CNX Resources visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CNX Resources's Earnings: A Preview

Piper Sandler analyst Mark Lear maintains CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) with a Underweight and lowers the price target from $22 to $21.

Piper Sandler Maintains Underweight on CNX Resources, Lowers Price Target to $21

CNX Resources shares are trading higher after Scotiabank upgraded the stock from Sector Underperform to Sector Perform and announced a $33 price target.

Scotiabank analyst Cameron Bean upgrades CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) from Sector Underperform to Sector Perform and announces $33 price target.

Scotiabank Upgrades CNX Resources to Sector Perform, Announces $33 Price Target

AREC

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TALO

VIST

VNOM

VTLE

Shares of oil and gas companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Mizuho analyst Nitin Kumar maintains CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) with a Underperform and raises the price target from $34 to $35.

Mizuho Maintains Underperform on CNX Resources, Raises Price Target to $35

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Shares of companies within the broader materials sector are trading lower as global markets continue to decline following President Trump's announcement of sweeping tariffs.

ACDC

CGBS

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Shares of energy companies are trading lower as markets react to President Trump's announcement of sweeping tariffs.

8 analysts have shared their evaluations of CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for CNX Resources, presenting an average target of $32.0, a high estimate of $48.00, and a low estimate of $22.00. This current average reflects an increase of 0.91% from the previous average price target of $31.71. 
<img src="https://www.benzinga.com/files/images/story/2025/1743516112_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of CNX Resources among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Noah Hungness</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$27.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Devin McDermott</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Underweight</td>
<td>$33.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Mike Scialla</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$48.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Zach Parham</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$33.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Zach Parham</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$32.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$22.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Gabe Daoud</td>
<td>TD Cowen</td>
<td>Announces</td>
<td>Hold</td>
<td>$27.00</td>
<td>-</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$34.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to CNX Resources. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of CNX Resources compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of CNX Resources's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CNX/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on CNX Resources analyst ratings.</a>
<h2>Get to Know CNX Resources Better</h2>
CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
<h3>Unraveling the Financial Story of CNX Resources</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, CNX Resources showcased positive performance, achieving a revenue growth rate of 6.88% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: CNX Resources's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -34.47%, the company may face hurdles in effective cost management.
Return on Equity (ROE): CNX Resources's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -3.46%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): CNX Resources's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.7%, the company may face hurdles in achieving optimal financial performance.
Debt Management: CNX Resources's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.56.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

8 Analysts Have This To Say About CNX Resources

B of A Securities analyst Noah Hungness maintains CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) with a Underperform and lowers the price target from $32 to $27.

B of A Securities Maintains Underperform on CNX Resources, Lowers Price Target to $27

Morgan Stanley analyst Devin McDermott maintains CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) with a Underweight and raises the price target from $29 to $33.

Morgan Stanley Maintains Underweight on CNX Resources, Raises Price Target to $33

Stephens &amp; Co. analyst Mike Scialla upgrades CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>) from Equal-Weight to Overweight and raises the price target from $35 to $48.

Stephens & Co. Upgrades CNX Resources to Overweight, Raises Price Target to $48

Throughout the last three months, 6 analysts have evaluated CNX Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNX#NYSE">CNX</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">5</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for CNX Resources, presenting an average target of $31.0, a high estimate of $38.00, and a low estimate of $22.00. A decline of 2.52% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2025/1741896097_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A clear picture of CNX Resources's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Zach Parham</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$33.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Zach Parham</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$32.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$22.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Gabe Daoud</td>
<td>TD Cowen</td>
<td>Announces</td>
<td>Hold</td>
<td>$27.00</td>
<td>-</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$34.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Underperform</td>
<td>$38.00</td>
<td>$33.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to CNX Resources. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of CNX Resources compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of CNX Resources's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of CNX Resources's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/CNX/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on CNX Resources analyst ratings.</a>
<h2>Discovering CNX Resources: A Closer Look</h2>
CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
<h3>Financial Insights: CNX Resources</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining CNX Resources's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.88% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: CNX Resources's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -34.47%, the company may face hurdles in effective cost management.
Return on Equity (ROE): CNX Resources's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -3.46%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): CNX Resources's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -1.7%, the company may face hurdles in achieving optimal financial returns.
Debt Management: CNX Resources's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.56.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying CNX Resources: Insights From 6 Analyst Reviews

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