
CNX Resources (CNX) Stock Forecast & Price Target
CNX Resources (CNX) Analyst Ratings
Bulls say
CNX Resources Corp is positioned favorably due to a positive long-term outlook for natural gas pricing, driven by anticipated increases in demand from LNG export capacity. The company's significant reliance on natural gas reserves highlights its sensitivity to price fluctuations, suggesting that improved market conditions could substantially enhance asset values and revenues. Furthermore, the decision to halt share repurchases in 4Q24 to strategically reduce debt by $173 million reflects a commitment to strengthening its financial position.
Bears say
The financial analyst highlights several fundamental risks contributing to a negative outlook for CNX Resources Corp, primarily centered around commodity price volatility, inflationary pressures, and regulatory challenges. A significant decline in natural gas demand and prices could substantially impact the company's near-term cash flow and long-term forecasts, while increased oilfield service costs and potential regulatory changes may further squeeze capital expenditures and cash flow estimates. Additionally, limitations in pipeline takeaway capacity and a lag in project development could hinder profitability and production potential, necessitating downward adjustments to future earnings and cash flow projections.
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
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