CNX Resources (CNX) Revenue & Revenue Breakdown

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CNX Resources Revenue Highlights

Latest Revenue (Y)

$1.27B

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
2024-12-31	$1.27B	-13.39%
2023-12-31	$1.46B	-62.73%
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 $1.27B in revenue during NA 2024, up -13.39% compared to the previous quarter, and up 81.92% 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 24	Dec 23	Dec 22	Dec 21	Dec 20
Oil and Gas Service	$1.19B	$1.30B	$3.65B	$2.18B	$896.75M
Oil and Gas, Purchased	$59.47M	$74.22M	$185.55M	$99.71M	$105.79M
NGLs	$190.37M	$157.57M	$241.53M	$202.67M	$64.14M
Natural Gas	$986.03M	$1.13B	$3.39B	$1.96B	$823.13M
Condensate	$9.68M	$13.58M	$20.16M	$22.54M	$9.47M

CNX Resources's latest annual revenue breakdown by segment (product or service), as of Dec 24: Oil and Gas Service (48.78%), Natural Gas (40.55%), NGLs (7.83%), Oil and Gas, Purchased (2.45%), and Condensate (0.40%).

Quarterly Revenue by Product

Product/Service	Dec 24	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
Oil and Gas, Purchased	$21.13M	$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
NGLs	$103.45M	$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
Natural Gas	$582.51M	$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
Oil and Gas Service	$690.38M	$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
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	-	-	-	-	-	-	-
Natural Gas, Midstream	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.19M	$18.41M	$18.45M
Oil	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$259.00K	$582.00K	$75.00K
Condensate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$781.00K	$1.90M	$3.90M

CNX Resources's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Oil and Gas Service (49.40%), Natural Gas (41.68%), NGLs (7.40%), and Oil and Gas, Purchased (1.51%).

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
CIVI	Civitas Resources	$5.21B	$1.27B
AR	Antero Resources	$4.33B	$1.06B
MTDR	Matador Resources	$3.50B	$894.07M
CRC	California Resources	$3.20B	$1.35B
MUR	Murphy Oil	$3.03B	$801.01M
SM	SM Energy	$2.69B	$643.61M
RRC	Range Resources	$2.42B	$615.03M
MGY	Magnolia Oil & Gas	$1.32B	$333.13M
CNX	CNX Resources	$1.27B	$424.21M
CRK	Comstock Resources	$1.25B	$253.63M
GPOR	Gulfport Energy	$928.60M	$107.01M
GPRK	GeoPark	$756.60M	$167.42M
EPSN	Epsilon Energy	$31.52M	$7.29M

CNX Revenue FAQ

What is CNX Resources’s yearly revenue?

CNX Resources's yearly revenue for 2024 was $1.27B, representing a decrease of -13.39% compared to 2023. The company's yearly revenue for 2023 was $1.46B, representing a decrease of -62.73% compared to 2022. CNX's yearly revenue for 2022 was $3.92B, representing an increase of 64.26% compared to 2021.

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 (2022-2024) was -67.73%, and for the last 5 years (2020-2024) was 16.75%.

What are CNX Resources’s revenue streams?

CNX Resources's revenue streams in c 24 are Oil and Gas Service, Oil and Gas, Purchased, NGLs, Natural Gas, and Condensate. Oil and Gas Service generated $1.19B in revenue, accounting 48.78% of the company's total revenue, down -8.92% year-over-year. Oil and Gas, Purchased generated $59.47M in revenue, accounting 2.45% of the company's total revenue, down -19.88% year-over-year. NGLs generated $190.37M in revenue, accounting 7.83% of the company's total revenue, up 20.82% year-over-year. Natural Gas generated $986.03M in revenue, accounting 40.55% of the company's total revenue, down -12.82% year-over-year. Condensate generated $9.68M in revenue, accounting 0.40% of the company's total revenue, down -28.74% year-over-year.

What is CNX Resources’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of CNX Resources was Oil and Gas Service. This segment made a revenue of $1.19B, representing 48.78% of the company's total revenue.