JP Morgan upgraded CNX Resources Corp (CNX) to Neutral from Underweight on December 7, 2025. The stock is currently priced at $40.96.
This upgrade reflects a more optimistic view on CNX Resources Corp's prospects, suggesting improved fundamentals or enhanced confidence in the company's strategic direction.
CNX Resources Corp, headquartered in Canonsburg, Pennsylvania, operates primarily in the energy sector, focusing on low carbon intensity natural gas development. The company holds rights to extract natural gas from approximately 528,000 net acres in the Marcellus Shale and 606,000 net acres in the Utica Shale across Pennsylvania, Ohio, and West Virginia. Additionally, CNX develops Coalbed Methane (CBM) properties in Virginia, with rights to approximately 283,000 net CBM acres.
The company's recent financial performance shows a market capitalization of $5.1 billion, a P/E ratio of 17.29, and a trailing twelve months (TTM) EPS of 1.42. Upcoming earnings are scheduled for July 22, 2026, with an estimated EPS of $0.59 and revenue of $501.3 million.
Analyst consensus as of December 1, 2025, indicates 1 Strong Buy, 0 Buy, 11 Hold, 8 Sell, and 2 Strong Sell ratings, with an overall consensus rating of Hold. Recent analyst actions include JP Morgan's upgrade, reflecting a shift in sentiment towards the company’s performance outlook.