CNX
EnergyCNX Resources Corporation · Oil & Gas Exploration & Production · $5B
What is CNX Resources Corporation?
CNX Resources Corporation is an independent natural gas and midstream company focused on the Appalachian Basin, operating across Pennsylvania, West Virginia, and Ohio.
CNX acquires, develops, and produces natural gas from Marcellus and Utica Shale formations, as well as coalbed methane reserves. It also designs, builds, and operates gathering pipelines that move gas from the wellhead to interstate markets, and provides water management services for its own operations and third parties.
The company traces its current form to 1999 and is headquartered in Canonsburg, Pennsylvania.
- Marcellus and Utica Shale natural gas production
- Coalbed methane extraction
- Natural gas gathering pipeline network
- Water sourcing and disposal services
Is CNX a Good Stock to Buy?
UQS Score rates CNX as Good overall.
The Valuation pillar comes in as Attractive, suggesting the market may not be fully pricing in the company's asset base. Quality registers as Good, reflecting a reasonably sound operational foundation relative to sector peers.
The Moat pillar is rated Weak, indicating limited structural competitive advantages — a common challenge for commodity-focused natural gas producers.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does CNX pay dividends?
No — CNX Resources Corporation does not currently pay a dividend.
CNX Resources does not currently pay a dividend. For a capital-intensive natural gas producer, retaining cash to fund drilling programs, pipeline infrastructure, and debt management is a common capital allocation priority over shareholder distributions.
When does CNX report earnings?
CNX Resources reports earnings on a quarterly cadence, consistent with US-listed equities.
The company's Growth pillar is rated Neutral, reflecting a measured production trajectory typical of Appalachian Basin operators balancing reinvestment with financial discipline. Risk is also Neutral, pointing to a broadly balanced exposure profile.
For the most recent quarter's results, visit CNX Resources' investor relations page directly.
CNX Price History
+178.2% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in CNX Resources Corporation?
Based on CNX Resources Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does CNX Resources do?
CNX Resources is an independent natural gas company that produces gas from Marcellus and Utica Shale formations in the Appalachian Basin. It also operates coalbed methane assets and owns roughly 2,600 miles of gathering pipelines to transport gas to market.
Does CNX pay dividends?
CNX does not currently pay a dividend. The company prioritizes capital reinvestment into its natural gas and midstream operations rather than distributing cash to shareholders.
When does CNX report earnings?
CNX Resources follows a standard quarterly earnings schedule. For confirmed dates and the latest results, check the investor relations section of the CNX Resources website.
Is CNX a good stock to buy?
The UQS Score rates CNX as Good overall. The Valuation pillar is Attractive, while the Moat pillar is Weak. Investors should weigh the full pillar profile — available to Pro members — before making any decision.
Is CNX overvalued?
The UQS Valuation pillar for CNX is rated Attractive, suggesting the stock may be reasonably priced relative to its fundamentals. Full valuation metrics are available in the Pro analysis.
What is CNX's market cap bracket?
CNX Resources is classified as a mid-cap company, placing it between the largest integrated energy majors and smaller independent producers in the natural gas sector.
Is CNX a long-term quality indicator?
The UQS framework rates CNX as Good on Quality and Neutral on both Growth and Risk. For long-term holders, the Weak Moat rating is worth monitoring, as commodity producers face ongoing pricing and competitive pressures.
What sector does CNX belong to?
CNX Resources operates in the Energy sector, specifically as an independent natural gas producer and midstream operator concentrated in the Appalachian Basin.
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Pro Analysis
CNX — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 50.4 | 68.2 | 20.0 | 39.4 | 47.8 | 88.5 | +0.1 |
| May 21, 2026 | 50.3 | 68.2 | 20.0 | 39.4 | 47.8 | 88.1 | 0.0 |
| May 20, 2026 | 50.3 | 68.2 | 20.0 | 39.4 | 47.8 | 87.7 | 0.0 |
| May 19, 2026 | 50.3 | 68.2 | 20.0 | 39.4 | 47.8 | 88.1 | 0.0 |
| May 18, 2026 | 50.3 | 68.2 | 20.0 | 39.4 | 47.8 | 88.3 | +0.2 |
| May 16, 2026 | 50.1 | 68.2 | 20.0 | 39.1 | 47.8 | 87.0 | -2.1 |
| May 12, 2026 | 52.2 | 68.2 | 20.0 | 43.8 | 47.8 | 94.9 | +0.7 |
| May 11, 2026 | 51.5 | 68.2 | 20.0 | 42.3 | 47.8 | 92.0 | -1.4 |
| May 10, 2026 | 52.9 | 75.6 | 20.0 | 42.3 | 47.8 | 89.3 | -1.3 |
| May 9, 2026 | 54.2 | 75.6 | 20.0 | 40.8 | 47.8 | 100.0 | +2.7 |
CNX — Pillar Breakdown
Quality
— 68.2/100 (25%)CNX Resources Corporation shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 39.4/100 (20%)CNX Resources Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 47.8/100 (15%)CNX Resources Corporation has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 88.6/100 (15%)CNX Resources Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 20/100 (25%)CNX Resources Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for CNX.
Score Composition
Financial Data
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How is the CNX UQS Score Calculated?
The UQS (Unified Quality Score) for CNX Resources Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses CNX Resources Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether CNX Resources Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.