📊 CNX Key Takeaways
Is CNX Resources Corp (CNX) a Good Investment?
CNX exhibits strong commodity-driven profitability (58% operating margin, 44% net margin) with robust revenue growth (+76.8% YoY) and positive free cash flow generation ($107.6M). However, a critical liquidity position (current ratio 0.49x, only $3.7M cash) combined with flat net income growth despite surging revenue creates elevated financial risk if commodity prices normalize or working capital demands spike.
CNX Resources shows solid core fundamentals, with strong operating cash flow, healthy free cash flow generation, and good operating leverage supported by manageable debt and strong interest coverage. However, earnings quality looks mixed because net income was flat despite a sharp revenue increase, and the balance sheet carries very weak short-term liquidity with minimal cash on hand. The company appears fundamentally stable and cash-generative, but not clean enough on liquidity and profit conversion to justify a more aggressive rating.
Why Buy CNX Resources Corp Stock? CNX Key Strengths
- Exceptional operating margins (58.2%) demonstrating pricing power in commodity business
- Strong revenue growth of 76.8% YoY capturing market demand environment
- Positive free cash flow ($107.6M) with healthy operating cash generation ($277.5M)
- Manageable debt service with 12.2x interest coverage ratio
- Strong free cash flow generation with a 23.8% FCF margin
- Healthy profitability profile with 20.5% operating margin and 28.3% net margin
- Manageable leverage supported by 12.2x interest coverage and moderate 0.56x debt-to-equity
CNX Stock Risks: CNX Resources Corp Investment Risks
- CRITICAL: Liquidity crisis with current ratio 0.49x and only $3.7M cash against $4.5B liabilities
- Net income flat (0% YoY growth) despite 76.8% revenue surge indicates margin compression or heavy capex burden
- Fundamental commodity price dependency—revenue growth reflects market prices, not operational improvements
- Weak capital efficiency metrics (ROE 7.5%, ROA 3.8%) suggest poor capital deployment despite high margins
- Very weak liquidity with a 0.44x current ratio and extremely low cash balance
- Net income did not grow despite 76.8% revenue growth, suggesting uneven earnings quality
- Commodity-driven business model can create volatile margins and cash flows across cycles
Key Metrics to Watch
- Cash balance and working capital trends (liquidity sustainability critical)
- Net income growth trajectory (concerns if margin compression persists)
- Free cash flow-to-debt ratio (ability to de-leverage)
- Commodity price environment (primary revenue driver)
- Free cash flow after capital expenditure
- Current ratio and cash balance
CNX Resources Corp (CNX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
CNX Profit Margin, ROE & Profitability Analysis
CNX vs Energy Sector: How CNX Resources Corp Compares
How CNX Resources Corp compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is CNX Resources Corp Stock Overvalued? CNX Valuation Analysis 2026
Based on fundamental analysis, CNX Resources Corp has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
CNX Resources Corp Balance Sheet: CNX Debt, Cash & Liquidity
CNX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: CNX Resources Corp's revenue has grown significantly by 79% over the 5-year period, indicating strong business expansion. The most recent EPS of $8.99 reflects profitable operations.
CNX Revenue Growth, EPS Growth & YoY Performance
CNX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $82.4M | -$197.7M | $-1.34 |
| Q3 2025 | $424.2M | $54.1M | $0.32 |
| Q2 2025 | $321.4M | -$11.4M | $-0.07 |
| Q1 2025 | $82.4M | $6.9M | $0.04 |
| Q3 2024 | $350.5M | $21.4M | $0.12 |
| Q2 2024 | $321.4M | -$11.4M | $-0.07 |
| Q1 2024 | $384.6M | $6.9M | $0.04 |
| Q3 2023 | -$375.6M | $21.4M | $0.12 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CNX Resources Corp Dividends, Buybacks & Capital Allocation
CNX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for CNX Resources Corp (CIK: 0001070412)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CNX
What is the AI rating for CNX?
CNX Resources Corp (CNX) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CNX's key strengths?
Claude: Exceptional operating margins (58.2%) demonstrating pricing power in commodity business. Strong revenue growth of 76.8% YoY capturing market demand environment. ChatGPT: Strong free cash flow generation with a 23.8% FCF margin. Healthy profitability profile with 20.5% operating margin and 28.3% net margin.
What are the risks of investing in CNX?
Claude: CRITICAL: Liquidity crisis with current ratio 0.49x and only $3.7M cash against $4.5B liabilities. Net income flat (0% YoY growth) despite 76.8% revenue surge indicates margin compression or heavy capex burden. ChatGPT: Very weak liquidity with a 0.44x current ratio and extremely low cash balance. Net income did not grow despite 76.8% revenue growth, suggesting uneven earnings quality.
What is CNX's revenue and growth?
CNX Resources Corp reported revenue of $786.7M.
Does CNX pay dividends?
CNX Resources Corp does not currently pay dividends.
Where can I find CNX SEC filings?
Official SEC filings for CNX Resources Corp (CIK: 0001070412) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CNX's EPS?
CNX Resources Corp has a diluted EPS of $2.18.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is CNX a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, CNX Resources Corp has a HOLD rating with 73% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is CNX stock overvalued or undervalued?
Valuation metrics for CNX: ROE of 7.5% (sector avg: 14%), net margin of 44.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy CNX stock in 2026?
Our dual AI analysis gives CNX Resources Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is CNX's free cash flow?
CNX Resources Corp's operating cash flow is $277.5M, with capital expenditures of $169.9M. FCF margin is 13.7%.
How does CNX compare to other Energy stocks?
Vs Energy sector averages: Net margin 44.3% (avg: 12%), ROE 7.5% (avg: 14%), current ratio 0.49 (avg: 1.3).