Cnx Resources (CNX)
NYSE:CNX
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CNX Stock Chart & Stats
$38.67
$0.65(2.13%)
At close: 4:00 PM EST
$38.67
$0.65(2.13%)
Day’s Range― - ―
52-Week Range$27.72 - $43.62
Previous CloseN/A
Volume1.72M
Average Volume (3M)1.82M
Market Cap
$4.62B
Enterprise Value$7.18B
Total Cash (Recent Filing)$6.18M
Total Debt (Recent Filing)$2.54B
Price to Earnings (P/E)3.8
Beta0.49
Next Earnings
Jul 23, 2026EPS Estimate
0.59Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)8.49
Shares Outstanding141,477,600
10 Day Avg. Volume2,051,377
30 Day Avg. Volume1,819,145
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.20
Price to Sales (P/S)2.43
P/FCF Ratio9.74
Enterprise Value/Market Cap1.55
Enterprise Value/Revenue3.10
Enterprise Value/Gross Profit6.14
Enterprise Value/Ebitda3.18
Forecast
1Y Price Target
$37.63Price Target Upside-2.70% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering8
EPS Forecast (FY)3.13
Revenue Forecast (FY)$2.15B
Bulls Say, Bears Say
Bulls Say
High Trailing MarginsSustained high TTM margins indicate the company currently captures attractive spreads on Appalachian gas, which supports internal funding for capex, debt service, and potential shareholder returns. Over 2–6 months this margin cushion improves resilience versus peers through commodity cycles.
Extended Debt Maturities Via RefinancingPushing near-term maturities out materially reduces immediate refinancing risk and locks a known interest cost, improving liquidity planning. This structurally strengthens the balance sheet for multiple years and lowers rollover exposure during potential commodity or credit stress.
Marcellus Infrastructure AdvantageA legacy infrastructure footprint lowers incremental capital and operating costs versus greenfield peers, enabling higher per-unit margins and faster cash generation. That durable logistical advantage supports steady production economics and ability to monetize in-basin demand over the medium term.
Bears Say
Weak Cash ConversionEarnings have not reliably converted to discretionary cash, signaling potential limits on funding growth, debt reduction, or shareholder returns without external financing. Persistent low conversion raises structural questions about sustainability of reported profitability across cycles.
Early-stage Utica DevelopmentLimited Utica performance data leaves allocation and growth assumptions uncertain. Until a substantive production dataset exists, capital deployment decisions and medium-term volume growth remain judgemental, increasing execution risk and limiting visibility for 2–6 month planning horizons.
Convertible Conversion And DilutionIssuance of ~12M net shares is a structural increase in share count that reduces per-share cash flow and EPS unless offset by stronger absolute cash generation or buybacks. This dilution constrains near-term per‑share metrics and capital allocation flexibility.
CNX Resources News
CNX FAQ
What was Cnx Resources’s price range in the past 12 months?
Cnx Resources lowest stock price was $27.72 and its highest was $43.62 in the past 12 months.
What is Cnx Resources’s market cap?
Cnx Resources’s market cap is $4.62B.
When is Cnx Resources’s upcoming earnings report date?
Cnx Resources’s upcoming earnings report date is Jul 23, 2026 which is in 32 days.
How were Cnx Resources’s earnings last quarter?
Cnx Resources released its earnings results on Apr 30, 2026. The company reported $1.213 earnings per share for the quarter, beating the consensus estimate of $0.956 by $0.257.
Is Cnx Resources overvalued?
According to Wall Street analysts Cnx Resources’s price is currently Overvalued.
Does Cnx Resources pay dividends?
Cnx Resources pays a Quarterly dividend of $0.008 which represents an annual dividend yield of N/A. See more information on Cnx Resources dividends here
What is Cnx Resources’s EPS estimate?
Cnx Resources’s EPS estimate is 0.59.
How many shares outstanding does Cnx Resources have?
Cnx Resources has 141,477,600 shares outstanding.
What happened to Cnx Resources’s price movement after its last earnings report?
Cnx Resources reported an EPS of $1.213 in its last earnings report, beating expectations of $0.956. Following the earnings report the stock price went down -1.043%.
Which hedge fund is a major shareholder of Cnx Resources?
Currently, no hedge funds are holding shares in CNX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CNX Resources Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$37.63 (-2.70% Downside)
$37.63 (-2.70% Downside)
Blogger Sentiment
Bullish
CNX Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.1%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.94%
12-Months-Change
Fundamentals
Return on Equity
27.46%
Trailing 12-Months
Asset Growth
0.93%
Trailing 12-Months
Company Description
Cnx Resources
CNX Resources Corporation operates as an independent company primarily focused on natural gas and midstream activities. Its core business involves the acquisition, exploration, development, and production of natural gas properties, predominantly situated within the Appalachian Basin. The company's operations are structured into two distinct segments: Shale and Coalbed Methane. CNX is a producer and supplier of pipeline-grade natural gas, primarily serving wholesale customers. Its extensive asset portfolio includes significant natural gas extraction rights. Specifically, it holds mineral rights across: Approximately 526,000 net acres in the Marcellus Shale, located in Pennsylvania, West Virginia, and Ohio. Around 610,000 net acres within the Utica Shale. An additional 1,006,000 net acres encompassing other shale and shallow oil and gas formations throughout Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. Furthermore, CNX possesses rights for coalbed methane (CBM) extraction, covering roughly 282,000 net acres in Virginia's Central Appalachia region, alongside a vast 1,733,000 net CBM acres spread across West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico. Beyond production, CNX manages a robust midstream infrastructure. This includes the design, construction, and operation of natural gas gathering systems, which transport gas from wellheads to major interstate pipelines or other local distribution points. Its owned and operated assets comprise approximately 2,600 miles of natural gas gathering pipelines and a suite of processing facilities. The company also provides comprehensive, turn-key water management solutions, covering sourcing, delivery, and disposal, both for its internal natural gas operations and for external clients. With a heritage dating back to its founding in 1860, CNX Resources Corporation is headquartered in Canonsburg, Pennsylvania. The company adopted its current name in November 2017, having previously operated as CONSOL Energy Inc.
CNX Company Deck
CNX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed a cautiously constructive tone: management reported tangible financial progress (an eight-year refinancing at 5.875%, extension of maturities, and addition of ~13 Bcf of longer-dated hedges with tightening basis differentials) and emphasized competitive positioning to capture future in-basin demand. At the same time, operational developments that would meaningfully change outlooks—particularly Utica well performance and NewTech business expansions—remain early or pending, and convertible note conversion will dilute shares (~12 million). Overall, positives around balance sheet strengthening, hedging, and market participation are offset by near-term data gaps and timing uncertainty.View all CNX earnings summariesCNX Stock 12 Month Forecast
Average Price Target
$37.63
▼(-2.70% Downside)
Technical Analysis
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Ownership Overview
4.15% Insiders
32.44% Mutual Funds
16.93% Other Institutional Investors
10.02% Public Companies and
Individual Investors