NAS10030,482+2.83%S&P7,765+1.49%GOLD$4,362−0.51%BTC$85,955−0.75%VIX14.66−1.41%live tape · as of 15:00 UTC
The Screen · Energy · Oil & Gas E&P
CNX Resources Corporation
CNX · the NYSE · USD · Market cap $4.6B · 390 employees
CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical passes the values gate
Price32.78 USD
Fair value29.84
Ethical score70.0/100
Our investment reviews on this name
2026-08-25Read Accumulation35.13-6.7% to today
2026-07-02Read Markdown33.15-1.1% to today ✓
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
CNX Resources Corporation holds its Markdown at $32.78. The statistical read favours the sellers, held for 406 days.
As held on the ledger · 2026-09-21
Phase
Markdown · caution
Quantitative state
The statistical read favours the sellers, held for 406 days
Price at the screen
$32.78
Valuation
5.31 trailing · 8.45 forward price to earnings
Values screen
PASS· score 70.0
Beta
0.61
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
28.64%
Below 33%
Interest-bearing debt is just 28.6% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
2.92%
Below 49%
Money owed to the company is 2.9% of assets, under the 49% limit.
Pass
Revenue purity
0.05%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-21 screen. The gold marker is the market price at the same screen. The price runs 9.0% above the base estimate.
Third-party analyst targets: 11 covering, consensus Hold. The average target sits +13% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-21 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Appalachian gas producer at a tempting low multiple
Picture a rig operator in Pennsylvania watching winter demand spike and prices jump. CNX Resources shows revenue up 28 percent, a 53 percent profit margin and 28 percent return on equity, all at a forward multiple of just 8.1 times. The shares sit 6 percent below our fair value with analysts clustered around a 36 dollar median target, so the headline numbers look attractive on paper.
Yet the business sits squarely inside a cyclical industry where earnings peak when gas prices surge and collapse when they fall. A low multiple on inflated profits is not a bargain; it is often the warning sign that margins will compress and capital spending will rise again once the cycle turns.
The ethical screen is clear and the balance sheet carries no obvious red flags, but the value-trap risk remains the dominant factor. We pass.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
CNX trades on the NYSE. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 5.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 6% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 3%. Our forward projection puts the odds of a 10% gain over the next month near 23%. The street (11 analysts) rates it hold, with a mean price target of $39.
2026-07-25Markdown$33.28+0.4%Entry 4
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 0.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 6% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 3%. Our forward projection puts the odds of a 10% gain over the next month near 23%. The street (11 analysts) rates it hold, with a mean price target of $39.
2026-07-18Markdown$33.15+0.0%Entry 3
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 6% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 3%. Our forward projection puts the odds of a 10% gain over the next month near 23%. The street (11 analysts) rates it hold, with a mean price target of $39.
2026-07-03Markdown$33.15+0.0%Entry 2
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markdown$33.15Entry 1
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
