CNX Stock Summary and Trading Ideas (CNX Resources | NYSE:CNX)

CNX Resources Corp is an independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. It is focused on unconventional shale formations, prominently the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. the company has two reportable segments: Shale and Coalbed Methane. The majority of the company's revenue is derived from the Shale segment.

CNX Resources trades on the NYSE stock market under the symbol CNX.

As of August 13, 2026, CNX stock price declined to $35.38 with 1,038,145 million shares trading.

CNX has a beta of -0.35, meaning it tends to be less sensitive to market movements. CNX has a correlation of 0.04 to the broad based SPY ETF.

CNX has a market cap of $5.23 billion. This is considered a Mid Cap stock.

Last quarter CNX Resources reported $435 million in Revenue and $.71 earnings per share. This fell short of revenue expectation by $-28 million and exceeded earnings estimates by $.18.

In the last 3 years, CNX traded as high as $43.62 and as low as $19.07.

The top ETF exchange traded funds that CNX belongs to (by Net Assets): IJH, AVUV, VTI, IWM, VB.

CNX has outperformed the market in the last year with a return of +22.6%, while the SPY ETF gained +22.2%. However, in the most recent history, CNX shares have underperformed the stock market with its stock returning -1.1% in the last 3 month period and +2.0% for the last 2 week period, while SPY has returned +5.6% and +6.6%, respectively.

CNX support price is $35.10 and resistance is $36.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNX shares will trade within this expected range on the day.