CNX Resources Expands Share Repurchase Authorization by $2 Billion

CNX Resources ( (CNX) ) has provided an update.

On January 27, 2026, CNX Resources’ board approved a $2.0 billion increase to the company’s existing stock repurchase program, bringing the total remaining authorization to approximately $2.4 billion, with no termination or expiration date. The expanded buyback, which can be executed through various market and negotiated mechanisms at the company’s discretion, underscores CNX’s ongoing emphasis on shareholder returns and capital discipline, with the board indicating it will size the program in line with free cash flow, leverage, and capital plans, while retaining the flexibility to modify, suspend, or discontinue repurchases as conditions change.

The most recent analyst rating on (CNX) stock is a Sell with a $25.00 price target. To see the full list of analyst forecasts on CNX Resources stock, see the CNX Stock Forecast page.

Spark’s Take on CNX Stock

According to Spark, TipRanks’ AI Analyst, CNX is a Neutral.

The score is primarily driven by solid profitability and growth with manageable leverage, partially offset by weak cash flow dynamics. Technical signals are bearish-to-neutral (negative MACD and below short-term moving averages), while valuation is only moderate with no dividend support. Earnings call factors are mixed, with buybacks and efficiency gains countered by flat production guidance and regulatory/infrastructure uncertainties.

To see Spark’s full report on CNX stock, click here.

More about CNX Resources

CNX Resources is an Appalachian Basin-focused natural gas producer, primarily engaged in the exploration, development, and production of shale gas, coalbed methane (CBM), and associated natural gas liquids (NGLs) and condensate, with volumes indicating a sizable upstream position in U.S. natural gas markets.

Average Trading Volume: 2,011,417

Technical Sentiment Signal: Buy

Current Market Cap: $4.95B

For a thorough assessment of CNX stock, go to TipRanks’ Stock Analysis page.