CNX Resources (CNX)

• Market cap: $4.13B
• 1 day: 1.21%
• 5 days: 3.47%
• 1 month: -4.58%
• 3 months: -9.12%
• 6 months: -2.73%
• Year to date: -21.78%
• 1 year: 5.72%
• 5 years: 172.04%
• 10 years: 187.59%
• Sector: Energy
• Industry: Oil & Gas Exploration & Production

About: CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.

Employees: 458

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

2,250% more call options, than puts

Call options by funds: $327M | Put options by funds: $13.9M

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

9% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 44

1% more capital invested

Capital invested by funds: $4.63B [Q1] → $4.66B (+$29.4M) [Q2]

1% less funds holding

Funds holding: 364 [Q1] → 361 (-3) [Q2]

4.32% less ownership

Funds ownership: 99.94% [Q1] → 95.61% (-4.32%) [Q2]

34% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 151

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $24 18% downside
• Avg. target: $31 5% upside
• High target: $35 20% upside

3 analyst ratings

• positive: 0 0%
• neutral: 2 67%
• negative: 1 33%

Piper Sandler Mark Lear	18% downside $24	Underweight Maintained	14 Aug 2025
Scotiabank Cameron Bean	20% upside $35	Sector Perform Maintained	11 Jul 2025
Barclays Betty Jiang	13% upside $33	Equal-Weight Initiated	7 Jul 2025