CNX Resources Corporation

https://www.cnx.com/

CNX Resources Corporation is an independent natural gas development, production, midstream, and technology company headquartered in Canonsburg, Pennsylvania, U.S.. The company's core mission is centered in the Appalachian Basin, focusing on the responsible development of ultra-low carbon intensive natural gas to meet global energy demands with low-cost and low-emission solutions, adhering to an "Appalachia First" approach.

CNX Resources primarily operates in unconventional shale formations, including the Marcellus Shale and Utica Shale, across Pennsylvania, Ohio, and West Virginia. Additionally, it develops Coalbed Methane (CBM) properties in Virginia. The company's offerings include natural gas and natural gas liquids (NGLs), complemented by extensive midstream operations for gathering, processing, and transporting natural gas and water. CNX also develops low-carbon intensity premium products such as compressed natural gas (CNG), liquefied natural gas (LNG), and is exploring hydrogen and sustainable aviation fuel initiatives.

Effective January 1, 2026, Alan K. Shepard assumed the roles of President and Chief Executive Officer, succeeding Nicholas J. Deiuliis. The company reported strong financial performance in Q1 2026, with net income of $348.1 million, surpassing earnings and revenue forecasts. Recent strategic initiatives include the April 2024 launch of AutoSep Technologies, a joint venture for automated oilfield services, and a May 2024 letter of intent with KeyState Energy to produce hydrogen-based aviation fuel from coal-mine methane gas at Pittsburgh International Airport. CNX Resources is a member of the S&P Midcap 400 Index.

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