CNX Resources Corporation

CNX

Oil & Gas Exploration & Production · Energy

Winston Score

Winston is curious

A decent business — some strong pillars, some weaker.

Data as of Aug 23, 2026 · filings through Jul 15, 2026

How the score breaks down

Quality

Strong

Growth

Strong

Cash Flow

Exceptional

Stability

Strong

Valuation

Good

Track this stock — start free trial

Winston Score History

The full picture

CNX Resources is a natural gas company based in the Appalachian region of the United States, primarily in Pennsylvania and West Virginia. It drills for and produces natural gas from underground shale formations, mainly the Marcellus and Utica shales. The company sells that gas to utilities, industrial customers, and energy marketers who distribute it for heating, electricity generation, and manufacturing.

CNX makes money by selling the natural gas it produces, and it also has a midstream business that moves gas through pipelines — sometimes for other producers too. It operates almost entirely in the Appalachian Basin, which keeps its operations focused but also concentrated in one region. The company has relatively low production costs compared to many peers, which helps protect profits when gas prices fall. The biggest risk CNX faces is the price of natural gas itself, which swings based on weather, supply levels, and competition from other energy sources like renewables and oil.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+14.3% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

-54.6% YoY

YoY Growth Rate

Earnings declining

Insider Activity

4.0%ownership

↑ Rising

Insiders increasing their stake — aligned with shareholders

Cash Position

Cash flow positive

$224M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

CNX Resources Corporation is a rare growth stock that's already generating positive cash flow while growing at 14%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

43.8%

Healthy — 43.8% gross margin

Profit after running costs

Operating Margin

38.3%

Excellent — 38.3% operating margin

Return on the money invested

ROCE

14.0%

Good — 14.0% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+25.4%

Fast-growing sales (+25.4% YoY)

Profit growth

EPS YoY

+489.7%

Earnings growing fast (+489.7% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

115%

Turns 115% of profit into real cash

Spare cash per sale

FCF Margin

22.0%

Converts sales into free cash efficiently (22.0%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.49

Conservative — low debt load (0.49)

Covers its interest

Interest Cover

6.14x

Adequate interest coverage (6.1x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

5.3x

no trend

Attractive valuation — P/E 5.3

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year

P/E vs Forward

-1.2

SLOWING

Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial