CNX Resources Corporation (CNX) Stock Analysis
Energy · Oil & Gas E&P
Wait for pullback to $35.60. Weak momentum — blocks BUY_NOW at $37.58. Engine's entry $35.60 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Geographic: Appalachian Basin; Concentration risk — Supplier: three pipeline systems.
CNX Resources is an independent ultra-low carbon intensity natural gas producer centered in the Appalachian Basin, primarily the Marcellus and Utica Shale in Pennsylvania, Ohio, and West Virginia. Total 2025 sales volumes were 629 net Bcfe (92% natural gas, 8% liquids); the... Read more
Wait for pullback to $35.60. Weak momentum — blocks BUY_NOW at $37.58. Engine's entry $35.60 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Geographic: Appalachian Basin; Concentration risk — Supplier: three pipeline systems. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Fundamentals strong but target reached (-11.3% upside). Wait for pullback. Score 6.9/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity no date, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
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'
- HIGHSupplierthree pipeline systems10-K Item 1A: 'A significant portion of our natural gas is sold on or through three pipeline systems, Texas Eastern Transmission, Columbia Gas Transmission, and Eastern Gas Transmission & Storage'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 ceiling hits
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $35.60. Weak momentum — blocks BUY_NOW at $37.58. Engine's entry $35.60 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Geographic: Appalachian Basin; Concentration risk — Supplier: three pipeline systems. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Fundamentals strong but target reached (-11.3% upside). Wait for pullback. Target $39.80 (+5.9%), stop $33.37 (−12.6%), Setup A.R:R 1.8:1. Score 6.9/10, moderate confidence.
Take-profit target: $39.80 (+11.4% upside). Target $39.80 (+5.9%), stop $33.37 (−12.6%), Setup A.R:R 1.8:1. Stop-loss: $33.37.
Concentration risk — Geographic: Appalachian Basin; Concentration risk — Supplier: three pipeline systems; Analyst target reached - limited upside remaining.
CNX Resources Corporation trades at a P/E of 5.2 (forward 8.8). TrendMatrix value score: 7.6/10. Verdict: Buy (Wait for Entry).
21 analysts cover CNX with a consensus score of 2.5/5. Average price target: $38.
What does CNX Resources Corporation do?CNX Resources is an independent ultra-low carbon intensity natural gas producer centered in the Appalachian Basin,...
CNX Resources is an independent ultra-low carbon intensity natural gas producer centered in the Appalachian Basin, primarily the Marcellus and Utica Shale in Pennsylvania, Ohio, and West Virginia. Total 2025 sales volumes were 629 net Bcfe (92% natural gas, 8% liquids); the company also owns midstream infrastructure and coalbed methane properties in Virginia.