CNX Resources Corp (CNX)

CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale formations in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other Shale and shallow oil and gas formations primarily in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. In addition, the company designs, builds, and operates natural gas gathering systems to move natural gas from the wellhead to interstate pipelines or other local sales points; owns or operates approximately 2,600 miles of natural gas gathering pipelines as well as various natural gas processing facilities. Further, it offers turn-key solutions for water sourcing, delivery and disposal for its natural gas operations and supplies solutions for water sourcing as well as delivery and disposal for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is based in Canonsburg, Pennsylvania.

Symbol
CNX
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas E&P
Market cap
$4.92B
52 week range
29.4 - 43.62

Valuation

Share price
$33.00 (close of 2026-09-23)
P/E (TTM)
4.98x
Price to book
1.02x
Price to free cash flow
9.35x
Enterprise value
$7.29B
Book value per share
$32.50

Price performance

PeriodChange
1 day+0.67%
5 days-6.75%
1 month-9.24%
3 months-1.49%
6 months-18.80%
Year to date-10.25%
1 year+8.84%
3 years+54.57%
5 years+176.15%
10 years+127.59%
All time+455.56%

Profitability and growth

Return on equity
14.60%
Return on assets
6.96%
Net margin
28.28%
EBITDA margin
61.50%
Revenue growth
76.76%
Net income growth
799.67%
Free cash flow growth
93.86%

Cash flow and balance sheet

Free cash flow yield (TTM)
10.69%
Current ratio
0.72x
Net debt to EBITDA
1.25x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$2.24B
EBITDA
$1.38B
Net income
$633.16M
Earnings per share
$4.48
Shares outstanding
141.45M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$2.24B$633.16M$4.48
2024-12-31$1.27B$-90.49M$-0.60
2023-12-31$3.43B$1.72B$10.59
2022-12-31$1.26B$-142.08M$-0.75
2021-12-31$756.79M$-498.64M$-2.31
2020-12-31$1.26B$-483.77M$-2.43
2019-12-31$1.92B$-80.73M$-0.42
2018-12-31$1.73B$796.53M$3.75
2017-12-31$1.46B$380.75M$1.66
2016-12-31$759.97M$-848.10M$-3.70

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3128.28%14.60%
2024-12-31-7.14%-2.21%
2023-12-3150.09%39.46%
2022-12-31-11.27%-4.82%
2021-12-31-65.89%-13.48%
2020-12-31-38.46%-10.94%
2019-12-31-4.20%-1.63%
2018-12-3146.03%15.67%
2017-12-3126.17%9.76%
2016-12-31-111.60%-21.52%

Cash and debt by year

Period endCashDebt
2025-12-31$779.00K$2.21B
2024-12-31$17.20M$1.84B
2023-12-31$443.00K$1.89B
2022-12-31$21.32M$2.21B
2021-12-31$3.56M$2.21B
2020-12-31$15.62M$2.40B
2019-12-31$16.28M$2.75B
2018-12-31$17.20M$2.38B
2017-12-31$509.17M$2.19B
2016-12-31$46.30M$2.42B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$533.97M$23.68M
2024-12-31$275.45M$20.09M
2023-12-31$135.18M$20.23M
2022-12-31$669.26M$16.38M
2021-12-31$460.50M$16.56M
2020-12-31$307.78M$14.38M
2019-12-31$-212.04M$38.42M
2018-12-31$-230.57M$21.34M
2017-12-31$15.84M$16.98M
2016-12-31$291.52M$19.32M

Dividend history

Most recent payment
2016-02-11
Payment dateDividend per share
2016-02-11$0.01
2015-11-09$0.01
2015-08-06$0.01
2015-05-07$0.05
2015-02-12$0.05
2014-11-06$0.05
2014-08-13$0.05
2014-05-08$0.05

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$0.57

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$0.54
2026-04-30--
2026-01-29--
2025-10-30--
2025-07-24--
2025-07-23--
2025-04-24--
2025-04-23--

Filings and sources

Company website
cnx.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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