
CNX Resources (CNX) Stock Forecast & Price Target
CNX Resources (CNX) Analyst Ratings
Bulls say
CNX Resources Corp is experiencing a positive outlook due to its strong position in the low carbon intensity natural gas market, particularly within the Appalachian Basin, where the Shale segment generates maximum revenue. The company's strategy to enhance financial stability through a significant debt reduction of $173 million demonstrates a commitment to maintaining a solid balance sheet amid fluctuating natural gas prices. Additionally, the anticipated increase in demand for natural gas driven by expanded LNG export capacity suggests favorable long-term market conditions, which could further support the company's growth.
Bears say
The financial outlook for CNX Resources Corp is negatively impacted by several fundamental risks that could affect cash flow and profitability. A significant decline in natural gas demand and prices, compounded by inflationary pressures from increased service costs and potential regulatory changes, could lead to reduced earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates. Additionally, limited pipeline capacity and execution risks from labor market challenges may further constrain production, causing a downward revision in adjusted earnings per share and cash flow per share estimates for the upcoming years.
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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