“Cash flows from investing activities changed in the period-to-period comparison primarily due to the following items: • Capital expenditures increased $67 million primarily due to an increase in drilling and completions activity.”10-Q · Jul 30, 2026 ↗
CNX Resources Corporation
CNX
Market read
CNX Resources Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
- Capital expenditures increased $67 million primarily due to an increase in drilling and completions activity.
Invalidation: The isolated read changes if CNX's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 6 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Capital expenditures increased $67 million primarily due to an increase in drilling and completions activity.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +76.8% year over year.
- Net margin changed +35.4 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.63x in the latest annual period.
- Diluted shares increased 6.0% in the latest annual period.
- Capital investment and capacity has repeated adverse evidence across 5 filings.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Energy and commodity prices has repeated adverse evidence across 5 filings.
- P/E is 18% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 43% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
36.68Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Cash flows from financing activities changed in the period-to-period comparison primarily due to the following items: • Proceeds from borrowings under the CNXM Credit Facility increased $24 million and repayments under the CNXM Credit Facility decreased $28 m…”10-Q · Jul 30, 2026 ↗
“During the six months ended June 30, 2026, the Company released approximately $10 million of restricted cash that the Company was contractually obligated to maintain in an escrow account in accordance with the terms of the purchase agreement to acquire the na…”10-Q · Jul 30, 2026 ↗
“Negative public perception regarding our industry resulting from, among other things, operational incidents or concerns raised by advocacy groups, related to environmental, health, or community impacts has resulted in increased regulatory scrutiny, which has…”10-K · Feb 10, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.6× · EV/sales 3.6×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 14:05 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CNX. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for CNX. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind CNX
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CNX is currently a Follower in the organic co-movement group Natural Gas Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
This group is retained as the last observed read for CNX; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.