CNX Resources Corporation

Valuation Analysis

About the Company

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 othe

CNX Resources Corporation Stock at a Glance

CNX Resources Corporation (CNX) is currently trading at $33.15 with a market capitalization of $4.7B. The trailing P/E ratio stands at 4.42x, with a forward P/E of 7.83x. The 52-week range spans from $27.72 to $43.62; the current price is 24% below the yearly high. Year-over-year revenue growth stands at +28.2%. The net profit margin stands at 52.69%.

💰 Dividend

CNX Resources Corporation currently does not pay a dividend. The company typically reinvests its earnings into growth initiatives and product development.

📊 Analyst Rating

11 analysts rate CNX Resources Corporation (CNX) on consensus: Hold. The average price target is $38.82, implying +17.1% from the current price. Analyst price targets range from $34.00 to $49.00.

CNX Resources Corporation: The Investment Case in Detail

CNX Resources Corporation (CNX) operates in the Energy — specifically Oil & Gas E&P — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

Top-line momentum is unusually strong with revenue expanding 28.2% year-over-year, a pace that puts the company well above the market average and signals genuine demand traction rather than mere cyclical tailwind. With a gross margin near 74.82%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns. Return on equity of 28.08% places management among the most capital-efficient operators in the public market — every euro of shareholder capital is working hard.

The Bear Case

Short interest sits at 14.75% of float — a meaningful contingent of professionals is positioned for the share to fall, which deserves attention even if their thesis may turn out to be wrong.

Valuation in Context

The EV/EBITDA multiple of 3.31x is below the historical equity-market average — strategic acquirers would find the cash-flow profile attractive at this level.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

The price is in a transition zone relative to the moving averages — no clear signal.

Risk Profile

The data points to relatively defensive market behavior, elevated short interest (14.75%).

Trading Data

Related Stocks in the Same Sector

Where can I buy CNX Resources Corporation?

Compare top-rated brokers — low fees, trusted providers, fully regulated.