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CNX Resources CNX Shale — Lease Operating Expense

Other segment segments

Coalbed Methane
$6.03M+1.0%

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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%
Enterprise value$7.15B+7.8%
P/E3.9×
P/S1.6×-2.5×

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:OperatingLeaseExpense.

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 — lease operating expense?
CNX Resources (CNX) reported shale — lease operating expense of $15.54M in Q1 2026.
How has CNX Resources's shale — lease operating expense changed year-over-year?
CNX Resources's shale — lease operating expense decreased by 9.7% year-over-year, from $17.22M to $15.54M.
What is the long-term trend for CNX Resources's shale — lease operating expense?
Over 3 years (2022 to 2025), CNX Resources's shale — lease operating expense has grown at a 13.9% compound annual growth rate (CAGR), from $49.59M to $73.3M.
What does shale — lease operating expense mean?
This includes the direct costs associated with operating and maintaining natural gas wells and related production facilities within the shale segment. These expenses typically cover labor, maintenance, utilities, and routine field operations necessary to sustain production. It is a key metric for evaluating the operational efficiency and cost-control discipline of the shale business.