CNX Resources Corporation (CNX) Stock Analysis
Energy · Oil & Gas E&P
Wait for pullback to $34.43. BUY gates pass at $36.90, but concentration risk — Geographic: Appalachian Basin and concentration risk — Commodity: natural gas (92.0%) argue for a more patient entry. Engine's entry $34.43 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum.
CNX Resources is an independent natural gas E&P company centered in the Appalachian Basin, developing Marcellus and Utica Shale in PA, WV, and OH, with 9.7 Tcfe proved reserves and 629 Bcfe 2025 production (92% natural gas, 94% shale). Revenue comes from gas and NGL sales... Read more
Wait for pullback to $34.43. BUY gates pass at $36.90, but concentration risk — Geographic: Appalachian Basin and concentration risk — Commodity: natural gas (92.0%) argue for a more patient entry. Engine's entry $34.43 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Fundamentals strong but target reached (-8.0% upside). Wait for pullback. Score 6.9/10, high confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 63d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent Developments — CNX Resources Corporation
Latest news
- CNX Resources Corp. Experiences Revision in Its Stock Evaluation Amid Strong Performance Metrics - Markets Mojo — Markets Mojo positive
- CNX Resources shows rising price performance with jump to 82 RS rating - MSN — MSN neutral
- CNX Resources Corporation (CNX) is a top-ranked momentum stock: Should you buy? - MSN — MSN positive
- CNX Resources Corporation. (CNX) is a Top-Ranked Momentum Stock: Should You Buy? - Yahoo Finance — Yahoo Finance positive
- CNX Resources (CNX) Q1 Earnings: What To Expect - StockStory — StockStory neutral
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicAppalachian Basin10-K Item 1A: 'Our producing properties are geographically concentrated in the Appalachian Basin, which exacerbates the impact of regional supply and demand factors on our business'
- HIGHCommoditynatural gas92%10-K Item 1: '92% Natural Gas, 8% Liquids'
- MEDIUMhedge_coverage2026 natural gas production hedged at $2.74/Mcf10-K Item 1A: 'CNX expects these transactions will represent approximately 448.8 Bcf of our estimated 2026 production at an average price of $2.74 per Mcf'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 ceiling hit
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $34.43. BUY gates pass at $36.90, but concentration risk — Geographic: Appalachian Basin and concentration risk — Commodity: natural gas (92.0%) argue for a more patient entry. Engine's entry $34.43 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Fundamentals strong but target reached (-8.0% upside). Wait for pullback. Target $38.95 (+5.6%), stop $32.47 (−13.6%), Setup A.R:R 1.6:1. Score 6.9/10, high confidence.
Take-profit target: $38.95 (+8.4% upside). Target $38.95 (+5.6%), stop $32.47 (−13.6%), Setup A.R:R 1.6:1. Stop-loss: $32.47.
Concentration risk — Geographic: Appalachian Basin; Concentration risk — Commodity: natural gas (92.0%); Analyst target reached - limited upside remaining.
CNX Resources Corporation trades at a P/E of 5.0 (forward 8.7). TrendMatrix value score: 7.8/10. Verdict: Buy (Wait for Entry).
20 analysts cover CNX with a consensus score of 2.5/5. Average price target: $39.
What does CNX Resources Corporation do?CNX Resources is an independent natural gas E&P company centered in the Appalachian Basin, developing Marcellus and...
CNX Resources is an independent natural gas E&P company centered in the Appalachian Basin, developing Marcellus and Utica Shale in PA, WV, and OH, with 9.7 Tcfe proved reserves and 629 Bcfe 2025 production (92% natural gas, 94% shale). Revenue comes from gas and NGL sales supplemented by a substantial hedge book; CNX owns its own gathering infrastructure.