CNX Resources (CNX) Revenue & Revenue Breakdown

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CNX Resources Revenue Highlights

Latest Revenue (Y)

$1.51B

Latest Revenue (Q)

$424.21M

Main Segment (Y)

Oil and Gas Service

Main Geography (Y)

Utica Shale

CNX Resources Revenue by Period

CNX Resources Revenue by Year

Date	Revenue	Change
2023-12-31	$1.51B	-61.62%
2022-12-31	$3.92B	64.26%
2021-12-31	$2.39B	120.23%
2020-12-31	$1.08B	-29.83%
2019-12-31	$1.55B	-12.17%
2018-12-31	$1.76B	41.05%
2017-12-31	$1.25B	-36.98%
2016-12-31	$1.98B	-20.81%
2015-12-31	$2.50B	-28.05%
2014-12-31	$3.48B	11.39%
2013-12-31	$3.12B	-37.84%
2012-12-31	$5.02B	-17.93%
2011-12-31	$6.12B	16.83%
2010-12-31	$5.24B	13.29%
2009-12-31	$4.62B	-0.66%
2008-12-31	$4.65B	23.66%
2007-12-31	$3.76B	1.27%
2006-12-31	$3.72B	-2.50%
2005-12-31	$3.81B	37.23%
2004-12-31	$2.78B	24.94%
2003-12-31	$2.22B	1.78%
2002-12-31	$2.18B	-7.80%
2001-06-30	$2.37B	9.69%
2000-06-30	$2.16B	94.44%
1999-06-30	$1.11B	-52.74%
1998-12-31	$2.35B	0.02%
1997-12-31	$2.35B	-

CNX Resources generated $1.51B in revenue during NA 2023, up -61.62% compared to the previous quarter, and up 85.55% compared to the same period a year ago.

CNX Resources Revenue by Quarter

Date	Revenue	Change
2024-09-30	$424.21M	38.02%
2024-06-30	$307.35M	-18.70%
2024-03-31	$378.02M	-3.46%
2023-12-31	$391.56M	29.35%
2023-09-30	$302.70M	2.19%
2023-06-30	$296.23M	-42.35%
2023-03-31	$513.81M	-40.20%
2022-12-31	$859.22M	-27.15%
2022-09-30	$1.18B	9.91%
2022-06-30	$1.07B	31.94%
2022-03-31	$813.30M	-10.75%
2021-12-31	$911.21M	45.33%
2021-09-30	$627.01M	52.32%
2021-06-30	$411.65M	-6.37%
2021-03-31	$439.66M	30.57%
2020-12-31	$336.73M	43.34%
2020-09-30	$234.91M	10.73%
2020-06-30	$212.14M	-29.57%
2020-03-31	$301.22M	-19.25%
2019-12-31	$373.00M	18.01%
2019-09-30	$316.08M	-17.57%
2019-06-30	$383.45M	-19.07%
2019-03-31	$473.81M	-12.97%
2018-12-31	$544.42M	43.60%
2018-09-30	$379.12M	0.71%
2018-06-30	$376.46M	-18.27%
2018-03-31	$460.64M	31.41%
2017-12-31	$350.53M	-39.60%
2017-09-30	$580.39M	-5.35%
2017-06-30	$613.17M	-9.19%
2017-03-31	$675.22M	12.95%
2016-12-31	$597.81M	18.54%
2016-09-30	$504.30M	12.94%
2016-06-30	$446.53M	-3.47%
2016-03-31	$462.59M	2.26%
2015-12-31	$452.35M	-28.16%
2015-09-30	$629.63M	-1.04%
2015-06-30	$636.25M	-20.01%
2015-03-31	$795.45M	-8.42%
2014-12-31	$868.56M	3.41%
2014-09-30	$839.94M	-6.47%
2014-06-30	$898.00M	-1.37%
2014-03-31	$910.43M	17.29%
2013-12-31	$776.20M	-34.71%
2013-09-30	$1.19B	2.98%
2013-06-30	$1.15B	-8.08%
2013-03-31	$1.26B	28.24%
2012-12-31	$979.26M	-15.59%
2012-09-30	$1.16B	-20.24%
2012-06-30	$1.45B	1.94%
2012-03-31	$1.43B	-7.49%
2011-12-31	$1.54B	1.35%
2011-09-30	$1.52B	-4.17%
2011-06-30	$1.59B	8.36%
2011-03-31	$1.47B	7.96%
2010-12-31	$1.36B	0.59%
2010-09-30	$1.35B	4.65%
2010-06-30	$1.29B	3.97%
2010-03-31	$1.24B	0.16%
2009-12-31	$1.24B	13.11%
2009-09-30	$1.09B	2.24%
2009-06-30	$1.07B	-10.43%
2009-03-31	$1.20B	-0.25%
2008-12-31	$1.20B	5.35%
2008-09-30	$1.14B	-5.18%
2008-06-30	$1.20B	16.94%
2008-03-31	$1.03B	-

CNX Resources generated $424.21M in revenue during Q3 2024, up 38.02% compared to the previous quarter, and up 143.20% compared to the same period a year ago.

CNX Resources Revenue Breakdown

CNX Resources Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Condensate	$13.58M	$20.16M	$22.54M	$9.47M	$8.75M
NGLs	$157.57M	$241.53M	$202.67M	$64.14M	$104.14M
Oil and Gas, Purchased	$74.22M	$185.55M	$99.71M	$105.79M	$94.03M
Oil and Gas Service	$1.30B	$3.65B	$2.18B	$896.75M	$1.36B
Natural Gas	$1.13B	$3.39B	$1.96B	$823.13M	$1.25B
Oil	-	-	-	-	$422.00K
Natural Gas, Midstream	-	-	-	-	$74.31M

CNX Resources's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil and Gas Service (48.61%), Natural Gas (42.23%), NGLs (5.88%), Oil and Gas, Purchased (2.77%), and Condensate (0.51%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Oil and Gas Service	$259.46M	$236.23M	$334.39M	$255.12M	$257.06M	$455.64M	$776.74M	$1.13B	$1.00B	$744.63M	$847.34M	$585.91M	$369.45M	$381.23M	$287.26M	$182.21M	$175.78M	$251.49M	$320.46M	$265.05M
Oil and Gas, Purchased	$27.31M	$11.03M	$16.92M	$11.13M	$9.36M	$36.81M	$61.42M	$31.74M	$46.55M	$45.84M	$33.21M	$16.31M	$16.71M	$33.48M	$27.47M	$31.54M	$20.42M	$26.36M	$29.85M	$29.19M
NGLs	$46.17M	$40.75M	$42.67M	$38.08M	$30.76M	$46.06M	$51.69M	$61.28M	$63.77M	$64.80M	$66.49M	$62.79M	$41.52M	$31.86M	$23.45M	$15.05M	$6.23M	$19.41M	$32.04M	$18.30M
Natural Gas	$209.23M	$194.29M	$289.23M	$214.81M	$223.22M	$403.81M	$717.96M	$1.06B	$934.13M	$675.27M	$775.54M	$514.82M	$320.98M	$347.38M	$261.97M	$163.05M	$168.51M	$229.60M	$284.44M	$245.81M
Oil and Condensate	$4.06M	$1.19M	$2.23M	$3.08M	$5.77M	$3.00M	$5.50M	$4.55M	$8.30M	$6.95M	$1.99M	$4.11M	-	-	-	-	-	-	-	-
Condensate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$781.00K	$1.90M	$3.90M	$839.00K
Oil	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$259.00K	$582.00K	$75.00K	$92.00K
Natural Gas, Midstream	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.19M	$18.41M	$18.45M	$18.52M

CNX Resources's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Oil and Gas Service (47.50%), Natural Gas (38.30%), NGLs (8.45%), Oil and Gas, Purchased (5.00%), and Oil and Condensate (0.74%).

CNX Resources Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 18
Utica Shale	$426.00M

CNX Resources's latest annual revenue breakdown by geography, as of Dec 18: Utica Shale (100.00%).

Quarterly Revenue by Country

Country	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Utica Shale	$62.67M	$67.96M	$83.35M	$99.13M	$87.89M	$113.13M	$125.85M

CNX Resources's latest quarterly revenue breakdown by geography, as of Sep 19: Utica Shale (100.00%).

CNX Resources Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AR	Antero Resources	$4.68B	$1.06B
CIVI	Civitas Resources	$3.48B	$1.27B
MUR	Murphy Oil	$3.46B	$801.01M
MTDR	Matador Resources Company	$2.82B	$894.07M
CRC	California Resources	$2.81B	$1.35B
RRC	Range Resources	$2.55B	$615.03M
SM	SM Energy Company	$2.36B	$643.61M
CRK	Comstock Resources	$1.57B	$253.63M
CNX	CNX Resources	$1.51B	$424.21M
MGY	Magnolia Oil & Gas	$1.23B	$333.13M
GPOR	Gulfport Energy	$1.05B	$107.01M
GPRK	GeoPark	$756.60M	$167.42M
EPSN	Epsilon Energy	$30.73M	$7.29M

CNX Revenue FAQ

What is CNX Resources’s yearly revenue?

CNX Resources's yearly revenue for 2023 was $1.51B, representing a decrease of -61.62% compared to 2022. The company's yearly revenue for 2022 was $3.92B, representing an increase of 64.26% compared to 2021. CNX's yearly revenue for 2021 was $2.39B, representing an increase of 120.23% compared to 2020.

What is CNX Resources’s quarterly revenue?

CNX Resources's quarterly revenue for Q3 2024 was $424.21M, a 38.02% increase from the previous quarter (Q2 2024), and a 40.14% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $307.35M, a -18.70% decrease from the previous quarter (Q1 2024), and a 3.75% increase year-over-year (Q2 2023). CNX's quarterly revenue for Q1 2024 was $378.02M, a -3.46% decrease from the previous quarter (Q4 2023), and a -26.43% decrease year-over-year (Q1 2023).

What is CNX Resources’s revenue growth rate?

CNX Resources's revenue growth rate for the last 3 years (2021-2023) was -36.96%, and for the last 5 years (2019-2023) was -2.59%.

What are CNX Resources’s revenue streams?

CNX Resources's revenue streams in c 23 are Condensate, NGLs, Oil and Gas, Purchased, Oil and Gas Service, and Natural Gas. Condensate generated $13.58M in revenue, accounting 0.51% of the company's total revenue, down -32.64% year-over-year. NGLs generated $157.57M in revenue, accounting 5.88% of the company's total revenue, down -34.76% year-over-year. Oil and Gas, Purchased generated $74.22M in revenue, accounting 2.77% of the company's total revenue, down -60.00% year-over-year. Oil and Gas Service generated $1.3B in revenue, accounting 48.61% of the company's total revenue, down -64.34% year-over-year. Natural Gas generated $1.13B in revenue, accounting 42.23% of the company's total revenue, down -66.64% year-over-year.

What is CNX Resources’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of CNX Resources was Oil and Gas Service. This segment made a revenue of $1.3B, representing 48.61% of the company's total revenue.