CNX

CNX ResourcesD

NYSE / Energy

At close

2026-06-03

Current thesis

The post-earnings bull read is that CNX converted a stronger gas backdrop into a sharp earnings rebound, $139M of Q1 free cash flow, and lower net debt while keeping production and capital plans stable. If realized gas prices remain supportive, the market could look through the modest guidance trim and reward the company for cash generation durability.

Posture

Defensive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta +0.4.

What can break

2026 free cash flow guidance was reduced to about $525M from about $550M, showing forward sensitivity to lower open-volume gas price assumptions.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $38.00 · Bull $43.00 · Bear $31.00

Data freshness

Prices

As of 2026-06-03

Fundamentals

As of 2026-06-02 • Vendor: Data Vendor v1

Scores

As of 2026-06-03 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-03 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-03

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $37.43

Why

Momentum13 · Δ7d +6.1

Value68 · Δ7d +0.4

Sentiment61 · Δ7d +5.3

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

+6.1

Δ21d

+3.3

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.4

Δ21d

+0.2

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+5.3

Δ21d

+14.9

Why this grade

Composite grade D. Momentum 13.0 / Value 67.8 / Sentiment 61.0

Fundamentals (TTM)

As of 2026-06-02

Market Cap

$4.71B

Beta

0.66

Shares Out

134.83M

P/E (TTM)

25.2

P/S (TTM)

2.65

P/FCF (TTM)

8.48

Rev YoY

+43.0%

EPS YoY

+225.0%

Gross Margin

+70.1%

Op Margin

+37.0%

Net Debt

$2.17B

Current Ratio

0.34

As of 2026-06-03 • Updated nightlySource: Internal modelMethodology