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CNX Resources CNX Shale — CapEx

Other segment segments

Coalbed Methane
$5.4M+96.9%

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Other financials

Income statement

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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

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

Valuation

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Market cap$4.62B+18.1%

Profitability

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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×

Where this comes from

Reported directly by CNX Resources in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: CNX Resources’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CNX Resources's shale — capex?
CNX Resources (CNX) reported shale — capex of $163.42M in Q1 2026.
How has CNX Resources's shale — capex changed year-over-year?
CNX Resources's shale — capex increased by 28.0% year-over-year, from $127.68M to $163.42M.
What is the long-term trend for CNX Resources's shale — capex?
Over 3 years (2022 to 2025), CNX Resources's shale — capex has grown at a -6.6% compound annual growth rate (CAGR), from $544.91M to $443.71M.
What does shale — capex mean?
This metric measures the cash outflows used to acquire, upgrade, or maintain physical assets within the shale segment, such as drilling rigs, well development, and midstream infrastructure. It reflects the company's commitment to sustaining or expanding its production capacity in the Appalachian Basin. High levels of capital expenditure indicate active investment in growth, while lower levels may suggest a focus on capital discipline or harvesting existing assets.