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CNX Resources Corporation (CNX)

Energy | Oil & Gas E&P | Canonsburg, United States | NYSE
36.20 USD +0.09 (0.249%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 36.42 +0.22 (0.608%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:37 a.m. EDT

The investment case for CNX is currently fractured by a severe divergence between its cheap valuation and its deteriorating operational reality. Fundamentally, the company is trapped in a multi-year decline with revenue contracting by nearly 18% and earnings plummeting by half year-over-year. Despite trading at a low P/E, this is a classic value trap where the market has correctly priced in the inability to generate growth. The balance sheet is also concerning, with debt significantly outweighing cash reserves. The short-term outlook is bearish due to the looming earnings report, which analysts expect to show further weakness. This fear is crystallizing in the options market, where traders are aggressively buying deep out-of-the-money puts while offering almost no call liquidity, signaling a high probability of a sharp price drop. The recent price action shows the stock struggling to find support, hovering near its 50-day moving average but failing to break out. There is no income component to offset these risks, as the company has suspended dividends entirely. While the long-term trajectory over the last decade shows a net gain, the most recent years have been flat to negative, indicating a loss of momentum. Investors should view this as a speculative turnaround play at best, but the immediate data points suggest caution is warranted.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.018586
AutoETS0.018894
AutoARIMA0.018894
MSTL0.019610

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 5.23
Ljung-Box p 0.000
Jarque-Bera p 0.121
Excess Kurtosis 0.65
Attribute Value
Sector Energy
Ex Dividend Date 2017-02-01
Last Dividend Date 2016-02-10
Debt to Equity Ratio 49.137
Revenue per Share 15.15
Market Cap 5,355,559,424
Trailing P/E 5.85
Forward P/E 9.34
Beta 0.61
Profit Margins 44.37%
Website https://www.cnx.com

As of Aug. 22, 2026, 5:37 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts (strikes 30-34) compared to negligible call volume. This 'bear put' skew suggests a consensus expectation of a significant drop below current levels, likely triggered by the upcoming earnings report. While some call volume exists at higher strikes, the overwhelming capital allocation is defensive hedging rather than bullish speculation.


Dividend Data

Dividend History
Date Dividend Yield %
2016-02-11 0.008333 0.136234
2015-11-09 0.008333 0.121502
2015-08-06 0.008333 0.069976
2015-05-07 0.052500 0.194926
2015-02-12 0.052500 0.192484
2014-11-06 0.052500 0.160142
2014-08-13 0.052500 0.157697
2014-05-08 0.052500 0.146785
2014-02-12 0.052500 0.166359
2013-11-13 0.104167 0.347031
2013-08-07 0.104167 0.411592
2013-05-08 0.104167 0.349261
2012-12-19 0.104167 0.367324
2012-11-07 0.104167 0.375602
2012-08-08 0.104167 0.401931
2012-05-09 0.104167 0.355822
2012-02-03 0.104167 0.331830
2011-11-08 0.104167 0.277101
2011-08-08 0.083333 0.270781
2011-05-11 0.083333 0.209731
2011-02-04 0.083333 0.202716
2010-11-09 0.083333 0.241254
2010-08-11 0.083333 0.272925
2010-05-06 0.083333 0.254129
2010-02-05 0.083333 0.217154
2009-11-02 0.083333 0.230680
2009-08-04 0.083333 0.268888
2009-05-01 0.083333 0.297441
2009-02-05 0.083333 0.326583
2008-11-03 0.083333 0.304784
2008-08-05 0.083333 0.161160
2008-05-02 0.083333 0.118638
2008-02-05 0.083333 0.136611
2007-11-05 0.083333 0.181487
2007-08-07 0.058333 0.173999
2007-05-04 0.058333 0.165210
2007-02-06 0.058333 0.195039
2006-11-06 0.058333 0.190995
2006-08-08 0.058333 0.182433
2006-05-05 0.058333 0.153592
2006-02-07 0.058333 0.212442
2005-11-04 0.058333 0.233332
2005-08-04 0.058333 0.203428
2005-05-05 0.058333 0.300427
2005-02-08 0.058333 0.321025
2004-11-09 0.058333 0.389211
2004-08-04 0.058333 0.408637
2004-05-07 0.058333 0.503594
2004-02-06 0.058333 0.600340
2003-11-05 0.058333 0.646648
2003-08-06 0.058333 0.756344
2003-05-07 0.058333 0.777341
2003-02-06 0.058333 0.904388
2002-11-06 0.058333 1.068696
2002-08-07 0.058333 1.157018
2002-05-08 0.116667 1.165699
2002-02-07 0.116667 1.314558
2001-11-07 0.116667 1.083594
2001-08-08 0.116667 1.182436
2001-05-09 0.116667 0.736844
2001-02-07 0.116667 0.922573
2000-11-08 0.116667 1.550177
2000-08-09 0.116667 1.523814
2000-05-09 0.116667 2.382986
2000-02-08 0.116667 2.321250
1999-11-04 0.116667 2.434789
1999-08-02 0.112500 2.482759
Additional Data
exDividendDate 2017-02-02
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.008333
lastDividendDate 2016-02-11
dividendDate 2016-03-03

Info Dump

Attribute Value
52 Week Change 0.22421372
Address1 CNX Center
Address2 1,000 Horizon Vue Drive
All Time High 99.25
All Time Low 3.783333
Ask 36.36
Ask Size 200
Audit Risk 7
Average Analyst Rating 3.1 - Hold
Average Daily Volume10 Day 1,266,650
Average Daily Volume3 Month 1,736,917
Average Volume 1,736,917
Average Volume10Days 1,266,650
Beta 0.611
Bid 36.1
Bid Size 300
Board Risk 3
Book Value 32.501
City Canonsburg
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 36.2
Current Ratio 0.716
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 36.61
Day Low 36.1
Debt To Equity 49.137
Display Name CNX Resources
Dividend Date 1,456,963,200
Earnings Call Timestamp End 1,785,420,000
Earnings Call Timestamp Start 1,785,420,000
Earnings Growth -0.477
Earnings Quarterly Growth -0.531
Earnings Timestamp 1,785,414,600
Earnings Timestamp End 1,793,277,000
Earnings Timestamp Start 1,793,277,000
Ebitda 1,829,549,056
Ebitda Margins 0.85495
Enterprise To Ebitda 4.225
Enterprise To Revenue 3.612
Enterprise Value 7,729,505,792
Eps Current Year 3.20112
Eps Forward 3.87752
Eps Trailing Twelve Months 6.19
Esg Populated 0
Ex Dividend Date 1,485,993,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 34.451
Fifty Day Average Change 1.7490005
Fifty Day Average Change Percent 0.050767772
Fifty Two Week Change Percent 22.421371
Fifty Two Week High 43.62
Fifty Two Week High Change -7.419998
Fifty Two Week High Change Percent -0.17010541
Fifty Two Week Low 28.7
Fifty Two Week Low Change 7.5
Fifty Two Week Low Change Percent 0.26132405
Fifty Two Week Range 28.7 - 43.62
Financial Currency USD
First Trade Date Milliseconds 925,479,000,000
Five Year Avg Dividend Yield 1.12
Float Shares 143,892,940
Forward Eps 3.87752
Forward P E 9.335864
Free Cashflow 437,116,736
Full Exchange Name NYSE
Full Time Employees 390
Fullday Change 0.0900002
Fullday Change Percent 0.249239
Fullday Price 36.42
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.73616
Gross Profits 1,575,341,952
Has Pre Post Market Data 1
Held Percent Insiders 0.046630003
Held Percent Institutions 0.92800003
Implied Shares Outstanding 147,943,637
Industry Oil & Gas E&P
Industry Disp Oil & Gas E&P
Industry Key oil-gas-e-p
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=66439&p=irol-irhome
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,455,148,800
Last Dividend Value 0.008333
Last Fiscal Year End 1,767,139,200
Last Split Date 1,511,913,600
Last Split Factor 6:5
Long Business Summary CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale formations in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other Shale and shallow oil and gas formations primarily in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. In addition, the company designs, builds, and operates natural gas gathering systems to move natural gas from the wellhead to interstate pipelines or other local sales points; owns or operates approximately 2,600 miles of natural gas gathering pipelines as well as various natural gas processing facilities. Further, it offers turn-key solutions for water sourcing, delivery and disposal for its natural gas operations and supplies solutions for water sourcing as well as delivery and disposal for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is based in Canonsburg, Pennsylvania.
Long Name CNX Resources Corporation
Market us_market
Market Cap 5,355,559,424
Market State CLOSED
Max Age 86,400
Message Board Id finmb_399117
Most Recent Quarter 1,782,777,600
Net Income To Common 949,446,016
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,342,244,732
Number Of Analyst Opinions 11
Open 36.32
Operating Cashflow 1,087,842,048
Operating Margins 0.62878
Overall Risk 1
Payout Ratio 0.0
Peg Ratio 1.93
Phone 724 485 4000
Post Market Change 0.2199974
Post Market Change Percent 0.60772765
Post Market Price 36.42
Post Market Time 1,787,961,318
Previous Close 36.11
Price Eps Current Year 11.308542
Price Hint 2
Price To Book 1.113812
Price To Sales Trailing12 Months 2.5026553
Profit Margins 0.44368
Quick Ratio 0.298
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.08333
Region US
Regular Market Change 0.0900002
Regular Market Change Percent 0.249239
Regular Market Day High 36.61
Regular Market Day Low 36.1
Regular Market Day Range 36.1 - 36.61
Regular Market Open 36.32
Regular Market Previous Close 36.11
Regular Market Price 36.2
Regular Market Time 1,787,947,202
Regular Market Volume 992,098
Return On Assets 0.08719
Return On Equity 0.21249
Revenue Growth -0.181
Revenue Per Share 15.15
Sand P52 Week Change 0.20204377
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 1
Shares Outstanding 147,943,637
Shares Percent Shares Out 0.100200005
Shares Short 14,820,793
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 15,159,036
Short Name CNX Resources Corporation
Short Percent Of Float 0.1396
Short Ratio 9.21
Source Interval 15
State PA
Symbol CNX
Target High Price 48.0
Target Low Price 32.0
Target Mean Price 37.72727
Target Median Price 37.0
Total Cash 6,162,000
Total Cash Per Share 0.042
Total Debt 2,380,108,032
Total Revenue 2,139,950,976
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 6.19
Trailing P E 5.848142
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 37.02225
Two Hundred Day Average Change -0.82225037
Two Hundred Day Average Change Percent -0.022209626
Type Disp Equity
Volume 992,098
Website https://www.cnx.com
Zip 15,317-6506