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CNX Resources

CNX

CNX Resources Corporation is an independent natural gas development, production, and midstream company focused on the Appalachian Basin.

Market cap
$4.84B+13.6%
Revenue$2.9B+205%
Net income$1.2B+500%
Free cash flow$557.4M+62.6%
EPS (diluted)$7.33+465%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

July 30, 2026

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full
Revenue$786.7M+855%
Net income$348.1M+276%
EPS (diluted)$2.18+263%

Balance sheet

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Cash & equivalents$3.7M+43.3%
Total debt$2.5B-9.2%
Total equity$4.6B+22.7%
Total assets$9.1B+0.9%

Cash flow

See full
Operating cash flow$277.5M+28.7%
CapEx$169.9M+29.2%
Free cash flow$107.6M+27.8%

Valuation & ratios

Valuation

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Market cap$4.84B+13.6%
Enterprise value$7.37B+5.1%
P/E4.1×-23.4×
P/S1.6×-1.0×

Profitability

See full
Net margin40.1%+28.0pp
FCF margin18.9%-16.6pp

Returns & leverage

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Return on equity28.1%+23.3pp
Debt / equity0.5×-0.2×
Current ratio0.5×+0.2×

Segments

By product

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Natural Gas Commodity Swaps (Bcf)$658.6M+33.0%
NGL Revenue$60.1M+11.2%
Purchased Gas Revenue$12.7M+9.8%
Oil/Condensate Revenue$3.4M+77.4%

By segment

See full
Shale$470.9M+11.7%
Coalbed Methane$45.6M+25.4%

Competitors

Profile

CNX Resources Corporation is an independent natural gas development, production, and midstream company focused on the Appalachian Basin. The company specializes in the exploration and extraction of unconventional shale formations and coalbed methane, leveraging extensive midstream infrastructure and proprietary technology to deliver low-carbon intensity energy solutions. Its operations are primarily centered in Pennsylvania, Ohio, West Virginia, and Virginia.

Competitive position

A leading Appalachian Basin operator with a significant held-by-production acreage position and integrated midstream assets.

GeographiesUnited States, Appalachian Basin, Pennsylvania, West Virginia, Ohio, Virginia
Customer segmentsIndustrial, Commercial, Utility
Business modelResource extraction, Infrastructure ownership, Asset development
SuppliersOilfield service providers, Drilling equipment manufacturers, Geological data services
CustomersNatural gas utilities, Power plants, Petrochemical manufacturers, LNG export facilities
Listed1999
Employees470.0
CEOAlan K. Shepard
SectorEnergy
Websitecnx.com
FilingsSEC EDGAR

Questions, answered.

What is CNX Resources's market cap?
CNX Resources (CNX) has a market capitalization of $4.8B and trades on NYSE.
What is CNX Resources's revenue and profitability?
CNX Resources generated $2.9B in trailing twelve-month revenue with net income of $1.2B, representing a net margin of 40.1%, with free cash flow of $557.4M. These figures are based on the Q1 2026 filing.
Who are CNX Resources's competitors?
CNX Resources's key competitors include Range Resources, EQT Corporation, Antero Resources, and others. These companies compete in similar markets and product categories.
What subsidiaries does CNX Resources have?
CNX Resources's subsidiaries include Apex Energy II, LLC.
Where is CNX Resources headquartered?
CNX Resources is headquartered in United States of America and employs approximately 470 people. It has been publicly traded since 1999.