Added to YB: 2026-05-18
Pitch date: 2026-05-15
CNX [neutral]
CNX Resources Corporation
+3.15%
current return
Author Info
Ridire Research is an independent equity research platform focused on actionable, high-conviction long/short equity ideas. We combine fundamental rigor with quantitative structure to identify mispriced opportunities others overlook. Sign up for the newsletter.
Company Info
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.
Market Cap
$5.1B
Pitch Price
$36.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
3.41
Sector
Oil, Gas and Consumable Fuels
Category
growth
The Grid Doesn’t Run on Venture Capital - CNX Resources Corporation
CNX (overview): Appalachian gas producer w/ 9.7 Tcfe proved reserves, $646M FCF in 2025. Long reserve duration + capital discipline via buybacks. Indirect AI/LNG tailwinds as U.S. gas demand structurally improves from exports, grid reliability, data centers. Risk: commodity volatility, hedging caps upside, pipeline/regulatory constraints. Thesis: long-life gas reserves deserve higher multiple if demand stays firm vs 'trapped commodity' view.
Read full article (2 min)