CNX Stock Analysis — CNX Resources
Sector: Energy
AI Verdict
At 12.2x forward earnings with a -33.9% EPS outlook, you’re paying a premium the numbers don’t yet support unless CNX’s cost advantages can cushion the expected earnings drop.
Competitive Moat
CNX Resources is a natural gas producer with a cost advantage due to its concentrated Appalachian basin assets and integrated midstream infrastructure. This geographic and operational focus helps insulate margins against commodity price swings compared to more diversified peers.
Summary
Earnings are expected to drop sharply next year, with forward EPS growth at -33.9%.
Where It Stands
CNX trades at 12.2x next year's earnings, which is a premium to the 12x sector median for energy, while analysts expect EPS to fall -33.9%.
Key Metrics
- Trailing P/E: 8.1x
- Forward P/E: 12.2x
- Earnings Growth: -0.3%
- Revenue Growth: +0.5%
- 52-Week High: $43.62
- 52-Week Low: $27.72
Analyst Consensus
1 Buy · 9 Hold · 10 Sell (20 analysts)
Bull Case
The trailing P/E of 8.1x is below the sector median, suggesting the market is not pricing in last year’s 45.2% revenue growth.
Bear Case
If the forward P/E of 12.2x reverts to the sector median of 12x as earnings fall, the stock could see further downside as the market digests a -33.9% earnings contraction.
Catalyst to Watch
Watch for quarterly earnings updates—any sign that the -33.9% EPS decline is less severe could support the valuation.