CNX Resources CNX Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Coalbed Methane | $145.9M+16.3% | $136.66M+8.6% | $132.99M+2.5% | $127.86M-5.7% | $125.41M-7.6% | |
| Shale | $1.71B+16.4% | $1.66B+18.1% | $1.64B+17.3% | $1.57B+13.2% | $1.47B+6.6% | |
| Other Revenue and Operating Income by Business | ||||||
| Coalbed Methane | $0— | $0— | $0— | $0— | $0— | |
| Shale | $68.7M-0.8% | $69.17M+1.3% | $69.62M+4.3% | $70.24M+7.9% | $69.25M+5.4% | |
| Income (Loss) Before Income Tax by Business | ||||||
| Coalbed Methane | -$7.93M+71.3% | -$16.85M+34.9% | -$22.43M-24.9% | -$26.59M-173% | -$27.58M-319% | |
| Shale | $794.56M+18.5% | $760.04M+23.1% | $749.3M+22.3% | $723.62M+17.9% | $670.41M+7.4% | |
| Costs and Expenses by Business | ||||||
| Coalbed Methane | $153.83M+0.5% | $153.51M+1.2% | $155.42M+5.2% | $154.45M+6.2% | $152.99M+7.5% | |
| Shale | $918.21M+14.7% | $903.5M+14.1% | $886.35M+13.4% | $849.22M+9.5% | $800.6M+5.9% | |
| Other Segment Items by Business | ||||||
| Coalbed Methane | $0— | $0— | $0— | $0— | $0— | |
| Shale | $0— | $0— | $0— | $0— | $0— | |
| Segment Assets by Business | ||||||
| Coalbed Methane | $3.64B-1.6% | $3.66B-2.0% | $3.67B-2.4% | $3.69B-2.3% | $3.7B-2.2% | |
| Shale | $28.78B+5.8% | $28.7B+7.6% | $28.15B+5.6% | $27.67B+3.8% | $27.2B+2.4% | |
| Interest Expense by Business | ||||||
| Coalbed Methane | $0— | $0— | $0— | $0— | $0— | |
| Shale | $0— | $0— | $0— | $0— | $0— | |
| Production, Ad Valorem and Other Fees by Business | ||||||
| Coalbed Methane | $6.86M+23.5% | $6.41M+17.5% | $5.99M+4.6% | $5.79M-3.6% | $5.55M-12.7% | |
| Shale | $25.81M+19.5% | $24.75M+12.3% | $25.23M+14.1% | $24.4M+10.1% | $21.6M-2.5% | |
| Lease Operating Expense by Business | ||||||
| Coalbed Methane | $24.1M+6.7% | $24.04M+9.3% | $24.09M+13.7% | $23.24M+12.2% | $22.59M+11.1% | |
| Shale | $71.63M+34.8% | $73.3M+52.5% | $70.25M+48.9% | $61.03M+31.7% | $53.13M+18.1% | |
| Gain (Loss) on Commodity Derivative Instruments by Business | ||||||
| Coalbed Methane | -$17.6M-278% | -$11.35M-155% | -$6.14M-128% | -$372K-102% | $9.88M-50.8% | |
| Shale | -$275.24M-357% | -$169.6M-165% | -$94.75M-134% | -$28.26M-110% | $106.92M-58.6% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Coalbed Methane | $59.79M+1.1% | $59.19M-0.7% | $59.42M+5.3% | $59.35M+10.1% | $59.13M+14.0% | |
| Shale | $494.63M+20.0% | $488.02M+20.4% | $471.73M+19.7% | $445.53M+15.0% | $412.18M+9.5% | |
| Capital Expenditures by Business | ||||||
| Coalbed Methane | $47.29M+102% | $44.63M+52.2% | $41.02M+21.1% | $42.15M+16.6% | $23.4M-35.0% | |
| Shale | $479.46M+1.9% | $443.71M-10.5% | $379.28M-22.9% | $416.98M-27.6% | $470.34M-24.5% | |
| Revenue by Product | ||||||
| Natural Gas Commodity Swaps (Bcf) | $1.9B+58.1% | $1.74B+76.1% | $1.6B+65.0% | $1.45B+48.5% | $1.2B+19.4% | |
| NGL Revenue | $174.63M-12.5% | $168.58M-11.5% | $189.07M+8.4% | $198.58M+19.4% | $199.51M+27.6% | |
| Oil/Condensate Revenue | $9.93M+2.3% | $8.46M-12.5% | $9.13M-5.1% | $10.16M+30.4% | $9.71M+0.3% | |
| Purchased Gas Revenue | $46.49M-18.1% | $45.35M-23.7% | $37.84M-45.6% | $56.12M+5.2% | $56.74M+9.8% | |
| Transportation, Gathering and Compression and Exploration and Production Related Other Costs by Product | ||||||
| Exploration and Production Related Other Costs | $12.61M+53.5% | $10.52M+24.5% | $7.34M-14.9% | $7.62M-8.1% | $8.22M+7.3% | |
| Transportation, Gathering and Compression | $390.35M+2.5% | $383.1M+0.2% | $386.75M+0.5% | $385.97M+0.4% | $380.73M+0.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does CNX Resources break its business down?
- CNX Resources (CNX) reports revenue by business across 2 parts — Coalbed Methane and Shale. Each is extracted from the segment footnotes and tracked over time.
- Where does CNX Resources's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in CNX Resources's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.