CNX Resources (CNX) Revenue & Revenue Breakdown
CNX Resources Revenue Highlights
Latest Revenue (Y)
$1.51B
Latest Revenue (Q)
$321.44M
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 |
|---|---|---|
| 2024-06-30 | $321.44M | -14.97% |
| 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 $321.44M in revenue during Q2 2024, up -14.97% compared to the previous quarter, and up 62.56% 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 |
| 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 |
| NGLs | $157.57M | $241.53M | $202.67M | $64.14M | $104.14M |
| 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 | 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 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oil and Gas, Purchased | $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 | $18.77M |
| Oil and Gas Service | $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 | $342.87M |
| Oil and Condensate | $1.19M | $2.23M | $3.08M | $5.77M | $3.00M | $5.50M | $4.55M | $8.30M | $6.95M | $1.99M | $4.11M | - | - | - | - | - | - | - | - | - |
| Natural Gas | $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 | $317.07M |
| NGLs | $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 | $24.02M |
| Natural Gas, Midstream | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.19M | $18.41M | $18.45M | $18.52M | $18.89M |
| Condensate | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $781.00K | $1.90M | $3.90M | $839.00K | $1.68M |
| Oil | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $259.00K | $582.00K | $75.00K | $92.00K | $89.00K |
CNX Resources's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Oil and Gas Service (48.86%), Natural Gas (40.18%), NGLs (8.43%), Oil and Gas, Purchased (2.28%), and Oil and Condensate (0.25%).
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 | $978.65M |
| SWN | Southwestern Energy Company | $4.17B | $659.00M |
| CIVI | Civitas Resources | $3.48B | $1.31B |
| MUR | Murphy Oil | $3.46B | $802.77M |
| MTDR | Matador Resources Company | $2.82B | $855.20M |
| CRC | California Resources | $2.81B | $518.00M |
| RRC | Range Resources | $2.55B | $513.24M |
| SM | SM Energy Company | $2.36B | $634.55M |
| CRK | Comstock Resources | $1.57B | $186.28M |
| CNX | CNX Resources | $1.51B | $321.44M |
| MGY | Magnolia Oil & Gas | $1.23B | $336.73M |
| GPOR | Gulfport Energy | $1.05B | $238.09M |
| GPRK | GeoPark | $756.60M | $167.42M |
| EPSN | Epsilon Energy | $30.73M | $7.31M |
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 Q2 2024 was $321.44M, a -14.97% decrease from the previous quarter (Q1 2024), and a 8.51% increase year-over-year (Q2 2023). The company'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). CNX's quarterly revenue for Q4 2023 was $391.56M, a 29.35% increase from the previous quarter (Q3 2023), and a -54.43% decrease year-over-year (Q4 2022).
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, Oil and Gas, Purchased, Oil and Gas Service, Natural Gas, and NGLs. Condensate generated $13.58M in revenue, accounting 0.51% of the company's total revenue, down -32.64% 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. NGLs generated $157.57M in revenue, accounting 5.88% of the company's total revenue, down -34.76% 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.