CNX Resources Forecast | Price, Price Target & Analyst Assessment

CNX Resources

NYSE:CNX

$ 40,58

+ $0,57 (1,42%)

40,58 $

+$0,57 (1,42%)

End-of-day quote: 03/27/2026

CNX Resources Stock Value

The current analyst recommendation for NYSE:CNX is: Hold.

Hold

CNX Resources Company Info

EPS Growth 5Y

21,19%

Market Cap

$5,76 B

Long-Term Debt

$2,21 B

Short Interest

6,60%

Quarterly earnings

04/23/2026

Dividend

$0,00

Dividend Yield

0,00%

Founded

1860

Industry

Energy

Country

United States

ISIN Number

US12653C1080

Website

http://www.cnx.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$35,50

-12.52%

Last Update: 03/29/2026

Analysts: 14

Highest Price Target $51,00

Average Price Target $35,50

Lowest Price Target $26,00

In the last five quarters, CNX Resources’s Price Target has risen from $15,72 to $22,80 - a 45,04% increase. Eight analysts predict that CNX Resources’s share price will fall in the coming year, reaching $35,50. This would represent a decrease of -12,52%.

Top growth stocks in the energy sector (5Y.)

What does CNX Resources do?

CNX Resources Corporation (CNX) operates as an independent low carbon intensity natural gas development, production, midstream and technology company centered in the Appalachian Basin. The majority of the company’s operations are centered on unconventional shale formations, primarily the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. Strategy CNX’s strategy is to use the co...

CNX Resources Corporation (CNX) operates as an independent low carbon intensity natural gas development, production, midstream and technology company centered in the Appalachian Basin.

The majority of the company’s operations are centered on unconventional shale formations, primarily the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia.

Strategy

CNX’s strategy is to use the company’s substantial asset base, leading core operational competencies, technology development and innovation. On January 27, 2025, the company completed the acquisition of the natural gas upstream and associated midstream business of Apex Energy II, LLC (the Apex Transaction).

Operations

The company’s operations include the following plays:

Shale

The company’s Shale properties represent its primary operating and growth area in terms of reserves, production, and capital investment. The company has rights to extract natural gas from Shale formations in Pennsylvania, West Virginia, and Ohio from approximately 528,000 net Marcellus Shale acres and approximately 606,000 net Utica Shale acres at December 31, 2024. Approximately 339,000 Utica Shale acres coincide with Marcellus Shale acreage in Pennsylvania, West Virginia, and Ohio.

The Upper Devonian Shale formation, which includes both the Burkett Shale and Rhinestreet Shale, lies above the Marcellus Shale formation in southwestern Pennsylvania and northern West Virginia. The company holds approximately 52,000 acres of incremental Upper Devonian acres; however, these acres have historically not been disclosed separately as they generally coincide with its Marcellus acreage.

Coalbed Methane (CBM)

The company has rights to extract CBM in Virginia from approximately 283,000 net CBM acres at December 31, 2024. The company extracts CBM natural gas primarily from the Pocahontas #3 seam. CNX also has the right to capture Coal Mine Methane (CMM) from active and abandoned mines in this region. The CMM the company captures would otherwise be vented into the atmosphere as third-party mining operations progress.

CNX also has rights to extract CBM from approximately 1,863,000 net CBM acres, and rights to capture CMM from various active and abandoned mines in other states, including West Virginia, Pennsylvania, Ohio, Illinois, Indiana, and New Mexico; however, although the company has very limited activity in some of these areas, there are no current plans to drill additional CBM wells or capture CMM in these areas.

Other Gas

The company has 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 from approximately 938,000 net acres at December 31, 2024. The majority of the company’s shallow oil and gas leasehold position is held by third-party production and all of it is extensively overlain by existing third-party natural gas gathering and transmission infrastructure.

Producing Wells and Acreage

Most of the company’s development wells and proved acreage are located in Virginia, West Virginia, Ohio and Pennsylvania.

Midstream Gas Services

CNX designs, builds and operates natural gas gathering systems to move natural gas from the wellhead to interstate pipelines or other local sales points. In addition, over time CNX has acquired extensive gathering assets through acquisitions. CNX owns or operates approximately 2,700 miles of natural gas gathering pipelines, as well as a number of natural gas processing facilities.

CNX owns substantially all of its Shale gathering systems in Pennsylvania and West Virginia. With respect to CNX’s Shale wells in Ohio, CNX primarily contracts with third-party gathering services. CNX also provides natural gas gathering services to third parties.

CNX has developed a diversified portfolio of firm transportation capacity options to support its production. CNX plans to selectively acquire firm capacity on an as-needed basis. Optimization of the company’s firm transportation portfolio may also include, from time to time and as appropriate, releasing firm transportation to others. In addition to firm transportation capacity, CNX has developed a processing portfolio to support produced volumes from its wet gas production areas and has the operational and contractual flexibility to potentially convert a portion of processed wet gas volumes to be marketed as dry gas volumes, or vice-versa, as economically appropriate.

CNX also supplies turn-key solutions for water sourcing, delivery and disposal for the company’s natural gas operations and supplies solutions for water sourcing, as well as delivery and disposal for third parties. In coordination with the company’s midstream operations, CNX works to develop solutions that coincide with its midstream operations to offer natural gas gathering and water delivery solutions in one package to third parties.

Marketing

The principal markets for the company’s natural gas are in the Appalachian Basin where it sells natural gas to gas marketers, industrial customers, local distribution companies, and power generation facilities. The company also incurs gathering, compression, processing, and transportation expenses to move its natural gas production from the wellhead to its principal markets in the United States. Although the company owns midstream facilities, it also gathers, processes, and transports its natural gas to market by utilizing pipelines and facilities owned by others where it has long-term contractual capacity arrangements or use purchaser-owned capacity under both long-term and short-term sales contracts. CNX expects natural gas to continue to be a significant contributor to the domestic electric generation mix in the long term, as well as to fuel industrial growth in the U.S. economy.

New Technologies

CNX’s New Technologies efforts are rooted in the company’s extensive legacy asset base and innovative tradition.

Environmental Attributes

The environmental attributes that the company generates and sells can include items such as (but are not limited to): carbon credits, air quality credits, renewable or alternative energy credits, methane capture credits, methane performance certificates, emission reductions, offsets and/or allowances. In the near term, the company anticipates the majority of its New Technologies’ earnings to result from CMM capture activities being monetized through the Pennsylvania Alternative Energy Portfolio Standard (AEPS) program, other compliance programs, and sales to various voluntary market counterparties that desire to purchase carbon offsets to be used towards their own emission reduction goals.

As mining progresses, new sources of waste methane are created every year throughout the company’s region, in addition to the unabated sources that exist from historical mining activity. The company continues to focus efforts on opportunities to grow both the volume and value of environmental attributes as a source of future earnings.

Proprietary Technology

CNX is actively pursuing the commercialization of internally developed proprietary technologies. The ability to achieve commercial success with these activities is dependent on, among other considerations, successful testing and validation of the company’s technology and future market adoption.

Derivative Products

CNX is an active participant in West Virginia’s pursuit of a regional hydrogen energy hub, CNX joined the Appalachian Regional Clean Hydrogen Hub (ARCH2) coalition in 2022. CNX brings local expertise, low-carbon technology capabilities, infrastructure, and carbon capture and storage (CCS) skill sets to the coalition, which is composed of energy producers, end-users, infrastructure developers and technological experts.

Non-Core Mineral Assets and Surface Properties

The company continually explores the monetization of these non-core assets by means of sale, lease, contribution to joint ventures or a combination of the foregoing in order to bring the value of these assets forward for the benefit of its shareholders. The company also controls a significant amount of surface acreage. This surface acreage is valuable to the company in the development of the gathering system for its Shale production. The company also derives value from this surface control by granting rights of way or development rights to third parties.

Natural gas pipelines serving the company’s operations are subject to regulation by the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) pursuant to the Natural Gas Pipeline Safety Act of 1968, (NGPSA), as amended by the Pipeline Safety Act of 1992, the Accountable Pipeline Safety and Partnership Act of 1996, the Pipeline Safety Improvement Act of 2002 (PSIA), the Pipeline Inspection, Protection, Enforcement and Safety Act of 2006 and the Pipeline Safety, Regulatory Certainty, and Job Creation Act of 2011. Regulations and orders issued by the Federal Energy Regulatory Commission (FERC) impact the company’s natural gas business to a certain degree.

The company’s natural gas operations are subject to regulation under the federal Occupational Safety and Health Act (OSHA) and comparable state laws in some states, all of which regulate health and safety of employees at its natural gas operations. Additionally, OSHA's hazardous communication standard, the EPA community right-to-know regulations under Title III of the federal Superfund Amendment and Reauthorization Act and comparable state laws and regulations require that information be maintained about hazardous materials used or produced by the company’s natural gas operations and that this information be provided to employees, state and local governments and the public.

History

The company was founded in 1860. It was incorporated in 1991. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in 2017.

CNX Resources Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - Natural Gas Production: approx. 85% - Coal Production: approx. 10% - Other Energy Services: approx. 5% **TOP 3 Markets:** - USA: approx. 70% - Canada: approx. 15% - Europe: approx. 10% CNX Resources Corporation generates the majority of its revenues from natural gas produc...

At which locations are the company’s products manufactured?

**Production Sites:** Appalachian Basin, USA CNX Resources Corporation is a leading natural gas company that operates mainly in the Appalachian Basin in the United States. This area includes parts of Pennsylvania, West Virginia, Ohio, and Virginia. The company focuses on the exploration, developmen...

What strategy does CNX Resources pursue for future growth?

**Focus on Natural Gas Production:** CNX Resources Corporation is strongly focused on increasing natural gas production, especially in the Appalachian Basin. **Cost Efficiency:** The company pursues a strategy of cost reduction through technological innovations and efficiency improvements in produc...

Which raw materials are imported and from which countries?

**Main raw material:** Natural gas **Import countries:** No significant imports CNX Resources Corporation is primarily engaged in natural gas production, particularly in the Appalachian Basin in the USA. The company focuses on the exploration, development, and production of natural gas and is lar...

How strong is the company’s competitive advantage?

**Market share in the natural gas sector:** Estimated 5% (2025) **Cost structure:** Lower production costs compared to the industry average **Use of technology:** High investments in fracking technologies CNX Resources Corporation has a significant competitive advantage due to its low product...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approx. 95% (2025, estimated based on historical data) **Insider Buys/Sells:** No significant transactions in the last year (2025, estimated) The institutional investor share at CNX Resources Corporation is traditionally high, indicating the trust of large investm...

What percentage market share does CNX Resources have?

**Market share of CNX Resources Corporation:** Estimated 3-5% (2025) **Main competitors and their market shares:** 1. **EQT Corporation:** Estimated 10-12% 2. **Antero Resources Corporation:** Estimated 8-10% 3. **Range Resources Corporation:** Estimated 6-8% 4. **Southwestern Energy Company:** Est...

Is CNX Resources stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **Profit Growth:** 10.2% (2024) **Free Cash Flow:** $450 million USD (2024) CNX Resources Corporation recorded solid revenue growth of 8.5% in 2024, attributed to increased production and efficient cost control. The company also managed to increase its profit by 10.2...

Does CNX Resources pay a dividend – and how reliable is the payout?

**Dividend payment:** No dividend (2025) CNX Resources Corporation has not paid any dividends in recent years. Instead, the company focuses on reinvesting profits in the business to promote growth and reduce debt. This strategy is reflected in the decision not to make dividend payments to sharehold...

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CNX Resources Stock Value

CNX Resources Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does CNX Resources do?

CNX Resources Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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CNX Resources Stock Value

CNX Resources Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does CNX Resources do?

CNX Resources Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.