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CNX Resources Corporation CNX R2K

Energy · Oil & Gas E&P · United States
https://www.cnx.com

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.

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$33.69
+4.37% 1Y

Market & Price

Market Cap
$4.77B
Current Price
$33.69
High / Low (52W)
$42.61 / $28.11
Beta
0.64

Valuation

Stock P/E
4.49
Industry PE
18.25
Forward P/E
7.96
PEG Ratio
1.93
Book Value
$32.59
Price to Book
1.03
P/S
2.13
EV/EBITDA
3.34
Dividend Yield
-

Profitability & Returns

ROCE
12.21%
ROE
28.08%
ROA
11.01%
Profit Margin
52.69%
Op Margin
60.72%
EPS (Latest Qtr)
$2.18
EPS (TTM)
$7.50

Balance Sheet & Liquidity

Debt/Equity
0.55
Quick Ratio
0.26
Current Ratio
0.49
Debt
$2.54B
Total Assets
$9.09B
Current Assets
$490.34M
Working Capital
$-634.04M

Ownership

Promoter Holding
4.89%
Chg in Prom Hold
-
FII / Inst Holding
98.46%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$7.30B
Total Revenue (TTM)
$2.24B
EBITDA
$2.18B
Free Cash Flow
$408.79M
Operating Cash Flow
$1.09B
Shares Outstanding
141.48M
Gross Margin
74.82%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-18.27%
Profit 5Y
181.88%
Revenue (YoY)
28.20%
Earnings (YoY)
-

PROS

  • Strong return on equity of 28.1%.
  • Excellent profit margin of 52.7%.
  • Profit CAGR of 181.9% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -18.3% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Energy).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CNX CNX Resources Corporation R2K 33.69 4.49 $4.77B - 12.21% 28.08% -18.27% 181.88%
2 XOM Exxon Mobil Corporation SPX 145.26 24.45 $602.10B 2.84% 11.12% 9.87% -6.69% -19.72%
3 CVX Chevron Corporation SPX 182.46 31.73 $363.39B 3.90% 7.21% 6.64% -7.85% -29.74%
4 COP ConocoPhillips SPX 113.98 19.32 $138.86B 2.95% 12.63% 11.28% -9.11% -24.66%
5 WMB The Williams Companies, Inc. SPX 71.39 31.31 $87.31B 2.94% 9.66% 19.66% 2.91% 8.51%
6 SLB SLB N.V. SPX 54.55 24.03 $81.56B 2.16% 12.08% 14.07% 8.33% -0.65%
7 VLO Valero Energy Corporation SPX 244.82 17.88 $72.70B 1.96% 8.12% 15.85% -11.40% -41.16%
8 MPC Marathon Petroleum Corporation SPX 248.77 16.37 $72.63B 1.57% 13.11% 27.46% -9.23% -34.67%
9 EOG EOG Resources, Inc. SPX 133.38 13.13 $71.04B 3.06% 14.00% 18.20% -8.51% -13.74%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------317.76M---405.62M------------------------610.61M541.30M452.14M538.42M782.67M
Cost of Revenue -----------------------------------265.04M294.87M289.68M281.89M279.83M
Gross Profit -----------------------------------345.57M246.43M162.46M256.53M502.85M
Operating Expenses -----------------------------------55.08M55.77M50.66M65.01M33.18M
Operating Income -----------------------------------290.49M190.66M111.81M191.52M469.67M
EBITDA ------------------------------------104.12M782.28M457.98M411.52M603.49M
Interest Expense -----------------------------------41.61M44.04M42.96M41.98M40.47M
Pretax Income ------------------------------------272.80M585.64M265.69M224.41M428.40M
Tax Provision ------------------------------------75.08M153.12M63.59M28.15M80.26M
Net Income 25.34M30.41M-38.97M169.51M25.34M-306.05M-38.97M169.51M-26.44M276.64M527.56M42.01M125.03M101.93M-87.34M162.48M115.54M-271.41M-329.09M-145.75M-204.70M195.76M98.03M-354.06M-872.92M-922.94M33.36M-427.07M710.39M474.95M21.38M6.85M-18.26M---197.72M432.52M202.10M196.25M348.15M
Diluted EPS 0.110.13-0.170.730.11-1.33-0.170.73-0.111.212.350.190.590.50-0.440.840.61-1.45-1.76-0.78-1.030.870.43-1.61-4.05-4.620.15-2.283.612.470.120.04-0.12---1.342.531.211.282.18

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 3.76B4.65B4.62B5.24B4.38B3.68B3.30B3.20B1.20B759.97M1.46B1.73B1.92B1.26B-3.92B1.51B1.44B2.14B
Cost of Revenue ---------------1.13B976.72M1.03B1.13B
Gross Profit ---------------2.80B529.57M413.77M1.01B
Operating Expenses ---------------193.76M215.39M244.45M224.52M
Operating Income ---------------2.60B314.19M169.32M787.48M
EBITDA ---------------376.96M2.80B515.99M1.55B
Interest Expense ---------------127.69M143.28M150.59M170.59M
Pretax Income ----------------211.95M2.22B-120.36M802.94M
Tax Provision ----------------69.87M502.21M-29.87M169.78M
Net Income 267.78M442.47M539.72M346.78M632.50M388.47M660.44M163.09M-364.48M-848.10M380.75M796.53M-80.73M-483.77M--142.08M1.72B-90.49M633.16M
Diluted EPS 1.452.402.951.602.761.702.870.70-1.64-3.701.653.71-0.42-2.43--0.759.12-0.603.98

Compounded Sales Growth

5 Years:-18.27%
1 Year:28.20%

Compounded Profit Growth

5 Years:181.88%
1 Year:-

Stock Price Performance

1 Year:+4.37%
6 Months:-9.97%
3 Months:-19.36%
1 Month:-14.32%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Jan 2011Dec 2011Jan 2012Dec 2012Jan 2013Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --7.54B7.78B12.07B-12.53B-13.00B-11.15B11.65B10.93B9.18B6.93B8.59B9.06B8.04B-8.52B8.63B8.51B9.09B
Current Assets -------------------573.80M421.79M370.63M490.34M
Cash & Equivalents 223.88M41.65M138.51M65.61M32.79M375.74M375.74M21.86M21.86M327.42M327.42M175.92M65.07M46.30M509.17M17.20M16.28M15.62M-21.32M443.00K17.20M779.00K
Inventory -------------------27.16M19.85M14.57M26.20M
Receivables -------------------348.46M116.12M179.55M264.66M
Total Liabilities --5.70B5.75B9.13B-8.91B-9.04B-6.39B6.33B6.07B5.24B3.03B3.51B4.10B3.62B-5.57B4.27B4.41B4.76B
Current Liabilities --1.51B1.48B1.66B-1.39B-1.39B-1.12B1.14B1.69B940.01M441.68M522.98M528.94M441.31M-1.31B823.00M1.12B1.12B
Long Term Debt --393.31M363.73M3.13B-3.12B-3.12B-3.12B3.20B2.70B2.42B2.19B2.38B2.75B2.40B-2.21B1.89B1.84B2.21B
Total Debt -------------------2.39B2.37B2.29B2.60B
Total Equity --1.46B1.79B2.94B-3.61B-3.95B-5.01B5.33B4.70B3.80B3.90B4.33B4.16B4.42B-2.95B4.36B4.10B4.34B
Shares Outstanding -------------------170.84M154.38M148.88M142.59M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 684.03M989.86M1.06B1.13B1.53B728.11M658.78M936.78M511.60M464.26M648.69M885.82M980.56M795.07M-1.24B814.59M815.78M1.03B
Investing Cash Flow -972.10M-1.10B-845.34M-5.54B-578.52M-1.00B-201.98M-1.04B-996.22M487.37M-221.92M-894.65M-1.15B-438.97M--528.29M-509.38M-484.47M-900.91M
Financing Cash Flow 105.84M205.85M-288.01M4.38B-606.14M-81.58M-151.24M-45.83M373.78M-970.40M36.10M-483.14M165.96M-350.79M--688.96M-326.09M-276.68M-169.65M
Capital Expenditure -743.11M-1.06B-920.08M-1.15B-1.18B-1.25B-1.50B-1.46B-840.35M-172.74M-632.85M-1.12B-1.19B-487.29M--565.75M-679.40M-540.33M-494.99M
Free Cash Flow -59.08M-71.81M140.37M-22.71M349.23M-517.38M-837.28M-522.68M-328.75M291.52M15.84M-230.57M-212.04M307.78M-669.26M135.18M275.45M533.97M
Net Change in Cash ---------------17.76M-20.88M54.63M-41.61M
Share Buybacks 80.16M97.79M0------0103.21M381.75M117.48M37.25M245.24M565.12M319.87M184.20M523.56M
Dividends Paid 56.48M72.96M72.29M85.86M96.36M142.28M85.83M57.51M33.28M2.29M00-------

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---------------71.3%35.2%28.8%47.2%
Operating Margin % ---------------66.3%20.9%11.8%36.8%
Net Margin % 7.1%9.5%11.7%6.6%14.5%10.6%20.0%5.1%-30.4%-111.6%26.2%46.0%-4.2%-38.5%--3.6%114.2%-6.3%29.6%
ROE % -30.3%30.2%11.8%17.5%9.8%13.2%3.1%-7.8%-22.3%9.8%18.4%-1.9%-10.9%--4.8%39.5%-2.2%14.6%
ROCE % ---------------36.1%4.0%2.3%9.9%

Shareholding Pattern

Insiders
4.89%
Institutions
98.46%
Public Float
103.52%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 12.73% 18.01M $606.63M
2 Dimensional Fund Advisors LP 6.20% 8.77M $295.60M
3 Vanguard Portfolio Management LLC 5.11% 7.23M $243.70M
4 State Street Corporation 5.03% 7.12M $239.73M
5 Neuberger Berman Group, LLC 4.88% 6.91M $232.78M
6 Vanguard Capital Management LLC 4.34% 6.13M $206.68M
7 Shaw D.E. & Co., Inc. 3.92% 5.55M $186.83M
8 American Century Companies Inc 3.19% 4.52M $152.14M
9 Geode Capital Management, LLC 2.98% 4.22M $142.17M
10 Bank of America Corporation 2.86% 4.05M $136.33M

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