CNX Resources (NYSE:CNX – Get Free Report) is projected to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $0.6020 per share and revenue of $474.9990 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.
CNX Resources Trading Up 1.5%
NYSE:CNX opened at $34.27 on Wednesday. CNX Resources has a 12 month low of $27.72 and a 12 month high of $43.62. The company has a current ratio of 0.49, a quick ratio of 0.46 and a debt-to-equity ratio of 0.47. The firm’s 50 day moving average is $33.60 and its 200 day moving average is $36.94. The stock has a market capitalization of $4.85 billion, a PE ratio of 4.76 and a beta of 0.59.
Wall Street Analysts Forecast Growth
CNX has been the subject of a number of recent research reports. Weiss Ratings downgraded CNX Resources from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Tudor Pickering raised CNX Resources from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Barclays dropped their price target on CNX Resources from $36.00 to $35.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 26th. Truist Financial raised CNX Resources from a “sell” rating to a “hold” rating and set a $35.00 price objective for the company in a report on Wednesday, July 15th. Finally, Morgan Stanley decreased their price objective on CNX Resources from $34.00 to $32.00 and set an “underweight” rating for the company in a report on Monday, June 29th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $35.44.
Insider Buying and Selling
In other CNX Resources news, Director William N. Thorndike, Jr. sold 28,800 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $38.25, for a total value of $1,101,600.00. Following the completion of the transaction, the director directly owned 426,585 shares of the company’s stock, valued at $16,316,876.25. This trade represents a 6.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.03% of the stock is currently owned by insiders.
Institutional Investors Weigh In On CNX Resources
A number of institutional investors and hedge funds have recently made changes to their positions in the business. State of Wyoming bought a new position in CNX Resources in the 2nd quarter worth about $29,000. Smartleaf Asset Management LLC boosted its position in shares of CNX Resources by 56.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 810 shares of the oil and gas producer’s stock valued at $30,000 after acquiring an additional 293 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of CNX Resources during the fourth quarter worth about $34,000. Kestra Advisory Services LLC purchased a new position in shares of CNX Resources during the fourth quarter worth about $50,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of CNX Resources by 393.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,925 shares of the oil and gas producer’s stock worth $65,000 after purchasing an additional 1,535 shares in the last quarter. Hedge funds and other institutional investors own 95.16% of the company’s stock.
CNX Resources Company Profile
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.
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