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Stock impact report

Barclays Lowers CNX Resources (CNX) PT to $32 Amid Q3 2025 E&P Preview [Yahoo! Finance]

CNX Resources Corporation (CNX) 
Last cnx resources corporation earnings: 4/27 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cnx.com
Company Research Source: Yahoo! Finance
firm's price target on CNX Resources to $32 from $33, while keeping an Equal Weight rating on the shares. The firm previewed the Q3 2025 reports for the oil exploration & production space and cut its 2026 price target accordingly. In Q2 2025, CNX Resources reported that the company is maintaining a one-rig drilling schedule and expects to sustain a strong capital efficiency ratio of ~$0.85 per Mcf going forward. However, sequential production declines are anticipated in Q3 and Q4 of 2025. This is due to a front-loaded turn-in-line (placing wells into production) schedule earlier in the year, which creates a temporary lull before the next batch of wells comes online in late Q4. Barclays Lowers CNX Resources (CNX) PT to $32 Amid Q3 2025 E&P Preview Consequently, capital expenditures will be lighter in Q3 and are projected to increase again in Q4 as drilling and completion activities resume. The Utica wells are also a positive, with management noting that Q2 results were slightly a Show less Read more
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