CNX — CNX Resources Corp

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates CNX Bullish with a Setup Score of 56, net conviction 51, actionability 62. How the Setup Score works →

Total Setup Score56
Directional BiasBullish
Net Conviction51
Actionability62 (in range)

Key signals behind this score

About CNX Resources Corp

CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale formations in Pennsylvania, West Virginia… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$36.48
Market Cap$5.39B
Float143.9M
Shares Outstanding147.9M
P/E (Forward)13.21
P/E (TTM)5.81
Price/Sales (TTM)2.52
vs. Analyst Target+3.4% to analyst PT
Profit Margin44.37%
Operating Margin (TTM)62.88%
Revenue (TTM)$2.14B
Earnings Growth (YoY)-47.70%
Dividend RateNone
Analyst Target Price$37.73 (13 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.08B -$484M $132M $69.8M
2021 $2.39B -$499M $1.36B $29.8M
2022 $3.92B -$142M $2.80B $377M
2023 $1.51B $1.72B $530M $2.80B
2024 $1.44B -$90.5M $414M $516M
2025 $2.14B $633M $1.01B $1.55B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $452M $202M
Dec 2025 $538M $196M
Mar 2026 $783M $348M
Jun 2026 $618M $203M

Ownership & Float

Insider Ownership4.7%
Institutional Ownership92.8%
Short Float10.5%
% of All Funds Holding4.33%
Number of Funds Holding381

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$34.66Near-term / short-term trend
Weekly40-Week SMA$37.07Medium-term trend
Weekly80-Week SMA$34.32Cyclical trend (business cycle)
Weekly200-Week SMA$27.50Secular trend (multi-year)
Monthly10-Month SMA$37.36Near-term monthly trend
Monthly20-Month SMA$34.10Medium-term monthly trend
Monthly40-Month SMA$29.50Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$43.00 resistance 1.18x 4 months ago
$24.50 support 1.15x 24 months ago

Historical Earnings Reactions (109 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.06% 0.15% 55.05% 4.15% -14.44%
1 Day 0.28% 0.29% 55.05% 10.81% -17.05%
1 Week 1.07% 0.98% 58.72% 25.00% -22.22%
2 Weeks 1.23% 0.92% 55.05% 36.84% -24.11%
1 Month 2.48% 2.61% 56.48% 37.05% -27.25%

Next earnings: October 18, 2026 (53 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.3%44.4%27
Feb2.4%70.4%27
Mar3.9%63.0%27
Apr6.5%51.9%27
May2.6%57.1%28
Jun-1.8%53.6%28
Jul-0.8%50.0%28
Aug-0.0%51.9%27
Sep-2.6%48.1%27
Oct2.5%63.0%27
Nov2.3%55.6%27
Dec4.3%55.6%27

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.04% 50.5% 1289
Tuesday 0.01% 48.9% 1410
Wednesday 0.11% 51.6% 1410
Thursday 0.04% 50.4% 1383
Friday 0.21% 51.5% 1377

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 92.8%

Insider Transactions — Smart Summary

Total insider ownership: 4.7%

12-Month Insider Activity Summary

Total Filings3
Net Value+N/A
Net Shares Change60,581
% of Float0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
LANIGAN BERNARD JR -$1.3M 1 1 sell
Lally-Green Maureen -$539,327.67 1 1 sell
Thorndike William N Jr -$5,853.167 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-06 Thorndike William N Jr -$5,853.167 Transaction at $25.72, now +41.9%
2026-03-25 Lally-Green Maureen -$539,327.67 Transaction at $26.35, now +38.4%
2026-02-20 LANIGAN BERNARD JR -$1.3M Transaction at $26.89, now +35.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for CNX Resources Corp (CNX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CNX on Trend Edge →