CNX Resources Corporation
boothcheck covers CNX Resources Corporation (CNX) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.
• CNX produces natural gas from two Appalachian segments, Shale and Coalbed Methane, in a basin its own 10-K calls ⟦highly fragmented and not dominated by any single producer⟧, and at roughly 2.9 billion dollars of trailing revenue it is one of the smaller operators competing there. • The largest risk is that recent profit reads as a hedging artifact rather than a production story, since the commodity derivative line swung from a 528 million dollar loss in the first quarter of 2025 to a small ga
Is CNX overvalued? See what's priced in →
407 institutional managers reported holding CNX in 13F filings for the quarter ended 2026-03-31. Together they hold about 84% of the company; the top 10 hold 49%. 63 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 15.8M shares were sold short as of the 2026-06-15 count, about 10% of shares outstanding (10 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
CNX has cut its share count 35.3% over the past five years, spending $1.85B on repurchases. It pays no dividend. Cash returned over the past three years: $922.76M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at CNX over the trailing three years: 2023: 3 buys totaling $3.17M; 2024: 4 buys totaling $4.07M; 2025: 1 buy totaling $312k. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
CNX's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-28 | +7.4% | +13.3% |
| 2023-10-26 | -3.3% | -7.7% |
| 2024-02-09 | -1.4% | +23.1% |
| 2024-04-26 | -0.8% | +1.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
CNX's latest 8-K filings: 2026-07-30 (items 2.02, 7.01, 9.01); 2026-05-11 (items 5.07); 2026-04-30 (items 2.02, 7.01, 9.01); 2026-02-26 (items 1.01, 2.03, 7.01, 9.01); 2026-02-24 (items 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.