📊 CNX Key Takeaways
Investment Thesis
CNX Resources demonstrates strong operational performance with exceptional revenue growth of 76.8% YoY and robust free cash flow generation of $534M, supported by healthy operating margins of 20.5% and excellent interest coverage of 12.2x. The company's solid profitability metrics (28.3% net margin, 14.6% ROE) and capital-light cash generation indicate strong fundamentals, though liquidity constraints and elevated leverage require monitoring.
CNX Strengths
- Exceptional revenue growth of 76.8% YoY indicating strong market demand and operational scaling
- Robust free cash flow of $534M (23.8% FCF margin) demonstrating high-quality earnings conversion
- Strong interest coverage ratio of 12.2x indicating comfortable debt servicing capability
- Solid profitability with 28.3% net margin and 20.5% operating margin
- Positive ROE of 14.6% and ROA of 7.0% showing effective capital deployment
CNX Risks
- Critically weak liquidity position with current ratio of 0.44x and quick ratio of 0.41x creating refinancing risk
- Minimal cash reserves of $779K relative to $2.4B long-term debt raises financial flexibility concerns
- Leverage-dependent business model with Debt/Equity of 0.56x concentrated in long-term obligations
- Commodity price exposure in crude petroleum and natural gas sector creating earnings volatility
- Capital intensity requirements of $495M annually may constrain future cash distribution
Key Metrics to Watch
- Operating cash flow sustainability and ability to exceed capital expenditure requirements
- Debt reduction progress and long-term debt trajectory relative to cash generation
- Operating margin maintenance as commodity cycles evolve
- Current ratio improvement to strengthen working capital position
- Free cash flow conversion rates and capital allocation priorities
CNX Financial Metrics
💡 AI Analyst Insight
The 23.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
CNX Profitability Ratios
CNX vs Energy Sector
How CNX Resources Corp compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CNX Balance Sheet & Liquidity
CNX 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 Growth Metrics (YoY)
CNX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| 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 |
| Q2 2023 | -$492.7M | $33.4M | $0.15 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CNX Capital Allocation
CNX SEC Filings
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 an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CNX's key strengths?
Exceptional revenue growth of 76.8% YoY indicating strong market demand and operational scaling. Robust free cash flow of $534M (23.8% FCF margin) demonstrating high-quality earnings conversion.
What are the risks of investing in CNX?
Critically weak liquidity position with current ratio of 0.44x and quick ratio of 0.41x creating refinancing risk. Minimal cash reserves of $779K relative to $2.4B long-term debt raises financial flexibility concerns.
What is CNX's revenue and growth?
CNX Resources Corp reported revenue of $2.2B.
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 $3.98.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.