Sector: Natural gas
Geography: United States
COMM_CNX
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/CNX
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueM USD | Operating profitM USD | D&AM USD | EBITDAM USD | Net profitM USD | Operating CFM USD | Capex + M&AM USD | AssetsM USD | EquityM USD | ROE (annualized) | Net debtM USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 786.7 y/y 854.8% | 428.4 y/y — | 134.6 y/y 5.9% | 563.0 y/y — | 348.1 y/y — | 277.5 | -169.9 | 9131.2 y/y 0.9% | 4626.6 y/y 22.7% | 31.1% | 2532.9 | Link |
| 2025-12-31 | Q4 2025 (3M) | OK | 610.5 y/y 347.0% | 224.4 y/y 215.7% | 145.1 y/y 13.1% | 369.5 y/y 662.8% | 196.3 y/y 235.7% | 297.0 | -78.2 | 9094.4 y/y 6.8% | 4337.0 y/y 5.8% | 15.0% | 2604.1 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 583.8 y/y 37.6% | 265.7 y/y 221.8% | 149.3 y/y 23.2% | 415.0 y/y 103.7% | 202.1 y/y 208.4% | 233.8 | -75.5 | 8904.1 y/y 4.3% | 4115.6 y/y -3.3% | 6.6% | 2773.7 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 962.4 y/y 199.4% | 585.6 y/y — | 152.6 y/y 29.8% | 738.2 y/y 621.7% | 432.5 y/y — | 282.5 | -113.6 | 8987.9 y/y 4.5% | 4092.7 y/y -3.7% | 44.0% | 2730.1 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 82.4 y/y -78.6% | -272.8 y/y -4417.1% | 127.1 y/y 7.1% | -145.7 y/y -216.6% | -197.7 y/y -2985.9% | 215.7 | -633.6 | 9046.7 y/y 4.5% | 3770.8 y/y -12.5% | -20.1% | 2791.6 | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 136.6 y/y -85.9% | -194.0 y/y -130.4% | 128.3 y/y 13.7% | -65.7 y/y -108.7% | -144.6 y/y -128.1% | 268.8 | -105.5 | 8511.9 y/y -1.3% | 4098.0 y/y -6.0% | -2.2% | 2275.1 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 424.2 y/y 21.0% | 82.6 y/y 329.1% | 121.2 y/y 8.4% | 203.8 y/y 55.4% | 65.5 y/y 206.5% | 170.2 | -114.7 | 8538.0 y/y 0.5% | 4256.7 y/y 7.6% | 2.1% | 2403.0 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 321.4 y/y -61.7% | -15.2 y/y -102.4% | 117.5 y/y 13.4% | 102.3 y/y -86.2% | -18.3 y/y -103.8% | 191.8 | -151.9 | 8603.0 y/y 0.8% | 4250.6 y/y 6.7% | -1.7% | 2407.6 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 384.6 y/y -69.9% | 6.3 y/y -99.3% | 118.7 y/y 12.8% | 125.0 y/y -87.9% | 6.9 y/y -99.0% | 185.1 | -168.2 | 8656.6 y/y 3.8% | 4309.3 y/y 20.8% | 0.6% | 2403.2 | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 968.8 y/y — | 639.0 y/y — | 112.8 y/y — | 751.8 y/y — | 514.0 y/y — | 161.1 | -107.7 | 8626.7 y/y — | 4361.0 y/y — | 41.4% | 2364.6 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 350.5 y/y — | 19.2 y/y — | 111.9 y/y — | 131.1 y/y — | 21.4 y/y — | 206.0 | -205.6 | 8492.6 y/y — | 3957.3 y/y — | 0.7% | 2324.6 | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 839.7 y/y — | 636.7 y/y — | 103.7 y/y — | 740.4 y/y — | 475.0 y/y — | 198.7 | -196.0 | 8531.9 y/y — | 3983.2 y/y — | 50.3% | 2304.6 | Link |
| 2023-03-31 | Q1 2023 (3M) | OK | 1276.0 y/y — | 928.0 y/y — | 105.2 y/y — | 1033.2 y/y — | 710.4 y/y — | 248.7 | -170.0 | 8340.1 y/y — | 3567.3 y/y — | — | 2379.3 | Link |
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Physical operating metrics — supplementary, not part of the financial statements
Oil and Gas E and P
| Year | Reserves, mln cfe |
|---|---|
| 2025 | 9 662 140 |
| 2024 | 8 537 940 |
| 2023 | 8 740 740 |
| 2022 | 9 806 890 |
| 2021 | 9 625 730 |
| 2020 | 9 550 000 |
| 2019 | 8 426 000 |
| 2018 | 7 881 000 |
| Year | Production, mln cfe | per day |
|---|---|---|
| 2026 | 143 200 * (3M) +3.5% | 1 568 240 931 |
| 2025 | 629 000 +11.7% | 1 723 287 671 |
| 2024 | 563 232 −3.4% | 1 543 101 370 |
| 2023 | 582 868 +0.5% | 1 596 898 630 |
| 2022 | 580 200 −11.1% | 1 589 589 041 |
| 2021 | 652 981 +9.9% | 1 788 989 041 |
| 2020 | 594 362 | 1 628 389 041 |
| 2019 | 114 100 * (3M) +14.1% | 1 249 555 099 |
| 2018 | 100 000 * (3M) | 1 095 140 315 |
* partial year
EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)
Current 3spot vs LTM -14%
FY blocks below combine SEC XBRL tags (revenue & selected expense lines), plus production / reserves notes sourced to Form 10-K or company filings where cited.
Production and proved reserves in the FY blocks are keyed from supplemental 10-K tables after each filing is wired in. Automated SEC revenue/expense tags for the newest FY often appear before operational volumes and reserves for that same year.
Prod. CAGR (2 yr): +5.9%
Reserves CAGR (2 yr): +5.1% · Reserves life (R/P): 15.4 yr
| FY end | Crude oil equivalent (net, Mboe/d) | Proved reserves (net, MMboe) | Proved developed (net, MMboe) | Proved undeveloped (net, MMboe) |
|---|---|---|---|---|
| 2025-12-31 | 287.2 | 1,610.4 | — | — |
| 2024-12-31 | 251.5 | 1,423 | — | — |
| 2023-12-31 | 255.9 | 1,456.8 | — | — |
Model: apply spot-vs-LTM commodity price moves to LTM revenue mix (oil/gas/NGL). Purchased products scale with revenue; remaining cash expenses inflate (PPI proxy). Fair value: EBITDA at trailing ~3y average commodity prices, conservative used EBITDA (average of spot and 3y-avg when spot is higher), × 3y average EV/EBITDA − net debt.
| Line item | Value |
|---|---|
| 1 · Reported baseline LTM or latest FY revenue/EBITDA and revenue mix. | |
| LTM revenue (last 4 quarters) | 2 943 USDm |
| LTM EBITDA (last 4 quarters) | 1 941 USDm |
| Baseline cash costs (revenue − EBITDA) | 1 003 USDm |
| Revenue mix: oil / gas / NGL / other | 55.0% / 35.0% / 10.0% / 0.0% |
| 2 · Commodity prices Spot move = last ÷ LTM average. 3y-avg-price EBITDA uses trailing ~3y mean ÷ LTM average. | |
| Oil — spot & 3y avg vs LTM | spot 84.38 · LTM avg 73.96 · 3y avg — → spot move +14.1% |
| Gas — spot & 3y avg vs LTM | spot 2.92 · LTM avg 3.36 · 3y avg — → spot move -13.0% |
| NGL — spot & 3y avg vs LTM | spot 6 325.00 · LTM avg 5 053.01 · 3y avg — → spot move +25.2% |
| 3 · Cash cost model Purchased products scale with revenue; other costs inflate. | |
| Purchased products / revenue | 0.0% |
| PPI inflation multiplier (12m) | 1.094 |
| → Projected purchased cost (at spot revenue) | 0 USDm |
| → Projected other cash cost (inflated) | 1 097 USDm |
| 4 · Spot forward P&L Headline spot cards use §4. | |
| = Projected spot revenue | 3 112 USDm |
| = Spot EBITDA | 2 015 USDm |
| = EBITDA at 3y avg commodity prices | 1 752 USDm |
| 5 · Valuation vs spot Current EV vs spot EBITDA. | |
| Enterprise value (current) | 7 447 USDm |
| EV ÷ Spot EBITDA | 3.7x |
Flow: baseline → commodity prices → expense model → spot P&L → fair value (used EBITDA × 3y avg EV/EBITDA − net debt). Hover for formulas.
FY2025 net production and year-end proved reserves (SEC srt XBRL). R/P 15.4 yr.
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 287.2 |
| Proved reserves (net, MMboe) | 1,610.4 |
Primary SEC filing for this FY (HTML)
FY2024 net production and year-end proved reserves (SEC srt XBRL). R/P 15.5 yr.
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 251.5 |
| Proved reserves (net, MMboe) | 1,423 |
Primary SEC filing for this FY (HTML)
FY2023 net production and year-end proved reserves (SEC srt XBRL). R/P 15.6 yr.
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 255.9 |
| Proved reserves (net, MMboe) | 1,456.8 |
Primary SEC filing for this FY (HTML)
Projected EV/EBITDA 8.0x · target 75th pct (3y) 9.0x · LTM avg 10.8x
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of CNX Resources — from primary filings.
CNX Resources Corporation is an independent natural gas company that explores for, develops, and produces natural gas from shale and coalbed methane formations in the Appalachian Basin. It also operates natural gas gathering pipelines and processing facilities to transport gas from wellheads to pipelines.