Great Lakes Advisors LLC cut its holdings in CNX Resources Corporation. (NYSE:CNX – Free Report) by 45.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 205,365 shares of the oil and gas producer’s stock after selling 170,734 shares during the period. Great Lakes Advisors LLC owned approximately 0.15% of CNX Resources worth $6,596,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of the business. State of Wyoming bought a new stake in CNX Resources in the 2nd quarter valued at about $29,000. Ameritas Advisory Services LLC bought a new position in shares of CNX Resources during the second quarter worth approximately $32,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of CNX Resources in the second quarter valued at approximately $46,000. EverSource Wealth Advisors LLC raised its position in shares of CNX Resources by 393.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,925 shares of the oil and gas producer’s stock valued at $65,000 after buying an additional 1,535 shares in the last quarter. Finally, MTM Investment Management LLC bought a new stake in shares of CNX Resources in the second quarter valued at approximately $67,000. 95.16% of the stock is owned by institutional investors.
CNX Resources News Summary
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
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on CNX Resources
CNX Resources Stock Performance
CNX Resources stock opened at $37.55 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 0.55. The stock has a market cap of $5.06 billion, a PE ratio of 26.26, a P/E/G ratio of 0.38 and a beta of 0.63. CNX Resources Corporation. has a 12-month low of $27.00 and a 12-month high of $42.13. The business’s 50-day moving average price is $37.55 and its two-hundred day moving average price is $33.75.
CNX Resources (NYSE:CNX – Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The oil and gas producer reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.94. The company had revenue of $610.48 million for the quarter, compared to the consensus estimate of $422.65 million. CNX Resources had a net margin of 16.56% and a return on equity of 9.10%. The firm’s quarterly revenue was up 347.0% compared to the same quarter last year. During the same period last year, the company posted ($0.97) EPS. As a group, analysts expect that CNX Resources Corporation. will post 2.18 earnings per share for the current fiscal year.
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.
See Also
- Five stocks we like better than CNX Resources
- Trump’s NEW Executive Order – BIG Changes Coming to Retirement Accounts
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- New Banking Law #1582 Could Unlock $21 Trillion for Americans
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Buy this Gold Stock Before May 2026
Want to see what other hedge funds are holding CNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CNX Resources Corporation. (NYSE:CNX – Free Report).
Receive News & Ratings for CNX Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNX Resources and related companies with MarketBeat.com's FREE daily email newsletter.
