CNX Resources
About: 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.
Employees: 458
0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
148% more call options, than puts
Call options by funds: $393M | Put options by funds: $159M
100% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 36
9% more funds holding
Funds holding: 340 [Q3] → 372 (+32) [Q4]
9% more capital invested
Capital invested by funds: $5.21B [Q3] → $5.67B (+$458M) [Q4]
2.01% less ownership
Funds ownership: 105.68% [Q3] → 103.67% (-2.01%) [Q4]
20% less funds holding in top 10
Funds holding in top 10: 10 [Q3] → 8 (-2) [Q4]
26% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 140
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
27%
downside
Avg. target
$33
10%
upside
High target
$48
60%
upside
7 analyst ratings
1 positive
14%
1 neutral
14%
5 negative
71%
Scotiabank Cameron Bean 78% 1-year accuracy 7 / 9 met price target | 10%upside $33 | Sector Perform Upgraded | 11 Apr 2025 |
Mizuho Nitin Kumar 24% 1-year accuracy 15 / 62 met price target | 16%upside $35 | Underperform Maintained | 7 Apr 2025 |
B of A Securities Noah Hungness 39% 1-year accuracy 7 / 18 met price target | 10%downside $27 | Underperform Maintained | 1 Apr 2025 |
Morgan Stanley Devin McDermott 29% 1-year accuracy 8 / 28 met price target | 10%upside $33 | Underweight Maintained | 27 Mar 2025 |
Stephens & Co. Mike Scialla 25% 1-year accuracy 13 / 52 met price target | 60%upside $48 | Overweight Upgraded | 18 Mar 2025 |
Financial journalist opinion
Neutral
Zacks Investment Research
4 days ago
CNX Resources Corporation. (CNX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
CNX Resources (CNX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
2 weeks ago
CNX Resources Corporation Announces First Quarter 2025 Financial Results and Q&A Conference Call Schedule
PITTSBURGH , April 2, 2025 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q1 2025 at 6:45 a.m. Eastern Time on Thursday, April 24.
Neutral
CNBC Television
2 months ago
Final Trades: Garmin, Alphabet, ServiceNow and CNX Resources
The Investment Committee give you their top stocks to watch for the second half.
Neutral
Zacks Investment Research
2 months ago
CNX vs. CRK: Which Stock Is the Better Value Option?
Investors looking for stocks in the Oil and Gas - Exploration and Production - United States sector might want to consider either CNX Resources Corporation. (CNX) or Comstock Resources (CRK).
Neutral
Zacks Investment Research
2 months ago
CNX Resources (CNX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for CNX Resources (CNX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Neutral
PRNewsWire
2 months ago
CNX Foundation to Take on School Lunch Debt, Local Veterans' Needs, and Other Socio-Economic Hardships of Residents and Families in Operating Communities
Company and Foundation Expanding Unique Appalachia First Micro-Targeted Approach to Tangible, Impactful, Local Community Investments PITTSBURGH , Feb. 12, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX), President and CEO Nick Deiuliis, and the CNX Foundation today announced they have commenced a new campaign to erase school lunch debt, support local veterans, and address essential needs of families in the region as part of the Company's Appalachia First strategic vision. Eschewing the typical corporate practice of providing donations to large non-profit organizations, CNX's distinctive philanthropic approach prioritizes hyper-localized investments directly targeting individuals and entities most in need.
Negative
Seeking Alpha
2 months ago
CNX Resources: Headwinds From Underwater Hedges
CNX Resources' stock has dropped 28% since my December 1st sell recommendation, driven by deflated optimism around New Technologies and unfavorable Treasury rulings on 45V tax credits. CNX's extensive hedging strategy, with 85% of 2025 production hedged, limits cash flow upside in a rising natural gas price environment, posing a significant headwind. Despite the Treasury's restrictive 45V tax credit rules, CNX's New Technologies unit's contribution to free cash flow is now more predictable, reducing downside risks.
Neutral
Zacks Investment Research
2 months ago
CNX or CRK: Which Is the Better Value Stock Right Now?
Investors with an interest in Oil and Gas - Exploration and Production - United States stocks have likely encountered both CNX Resources Corporation. (CNX) and Comstock Resources (CRK).
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy CNX Resources (CNX) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
2 months ago
Why CNX Resources Corporation. (CNX) is a Top Value Stock for the Long-Term
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