📊 CNX Key Takeaways
Is CNX Resources Corp (CNX) a Good Investment?
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 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 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
- 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
- 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
- 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
- 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
- Free cash flow after capital expenditure
- Current ratio and cash balance
CNX Resources Corp (CNX) Financial Metrics & Key Ratios
💡 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 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 |
|---|---|---|---|
| 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 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 BUY from Claude (BUY) and ChatGPT (HOLD) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CNX's key strengths?
Claude: 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. 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: 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. 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 $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?
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 April 2026, CNX Resources Corp has a BUY rating with 73% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is CNX stock overvalued or undervalued?
Valuation metrics for CNX: ROE of 14.6% (sector avg: 14%), net margin of 28.3% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy CNX stock in 2026?
Our dual AI analysis gives CNX Resources Corp a combined BUY 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 $1.0B, with capital expenditures of $495.0M. FCF margin is 23.8%.
How does CNX compare to other Energy stocks?
Vs Energy sector averages: Net margin 28.3% (avg: 12%), ROE 14.6% (avg: 14%), current ratio 0.44 (avg: 1.3).