
CNX Resources (CNX) Stock Forecast & Price Target
CNX Resources (CNX) Analyst Ratings
Bulls say
CNX Resources Corp has demonstrated exceptional performance in well productivity, ranking first in the Utica with a year-over-year increase of 13%, and achieving a remarkable 132% improvement in West Virginia's Tier 1 Dry Gas window. The company has successfully transitioned to a fully-bounded well strategy in the Utica by 2025, enhancing operational efficiency and capital allocation within its Shale segment, which accounts for the majority of its revenue. Additionally, expectations of rising demand from sectors such as AI/data centers and LNG are anticipated to bolster NYMEX pricing, further driving cash flows and enhancing overall financial returns for CNX.
Bears say
CNX Resources Corp faces significant challenges that contribute to a negative financial outlook, primarily stemming from anticipated lower sales volumes and ongoing pressures on natural gas prices. The company reported a projected sales volume decrease of 3% from 2024, reflecting a decline in free cash flow generation, which was $66 million in FY25, in spite of current operations capturing significant annual volumes. Additionally, uncertainties regarding LNG and power demand, combined with potential limitations in pipeline capacity, could exacerbate these issues, placing further strain on CNX's development plans and overall cash flows.
This aggregate rating is based on analysts' research of CNX Resources and is not a guaranteed prediction by Public.com or investment advice.
CNX Resources (CNX) Analyst Forecast & Price Prediction
Start investing in CNX Resources (CNX)
Order type
Buy in
Order amount
Est. shares
0 shares