Buyback Radar
Research

CNX Resources

CNX

CNX Resources has retired 35.8% of its shares since 2014, from 230,264,992 to 147,943,637.

35.8%retired since 2014
30.0%last 5 years
-9.7%last 12 months
148Mshares today
Shares outstanding, 2000 to todaysplit adjusted, from SEC filings
a quarter gone 2021230M shares, 2014148M200020052010201520202025
2000, 157,155,1622026-07-15, 147,943,637
A share bought in 2000
1.1× more of CNX Resources today, without buying another share. It was one of 157,155,162 shares then. It is one of 147,943,637 now.
Every filing we read26 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20002000-09-18157,155,16210-K405cover page
20012002-03-18157,420,62010-K405cover page
20022003-03-12157,499,00810-Kcover page
20032004-02-29179,868,30210-Kcover page
20042005-02-17182,228,73010-Kcover page
20052006-02-07184,892,73010-Kcover page
20062007-02-02182,520,50210-Kcover page
20072007-12-31182,291,62310-K
20082008-12-31180,550,00010-K
20092010-01-29181,159,91110-K
20102011-01-28226,236,68210-K
20112012-01-31227,093,35310-K
20122013-01-31228,132,96110-K
20132014-01-20229,162,59110-K
20142015-01-20230,264,99210-K
20152016-01-20229,054,23610-K
20162017-01-20229,443,00810-K
20172018-01-22223,758,28410-K
20182019-01-18198,335,25210-K
20192020-01-20186,642,96210-K
20202021-01-20219,707,41710-K
20212022-01-20202,489,68310-K
20222023-01-17170,126,52810-K
20232024-02-06151,791,45710-K
20242025-02-04148,842,39610-K
20252026-02-04142,368,17010-K

Source: all 10-K filings of CNX Resources on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, since fiscal 2016cash flow statement against share count
$2.5Bspent on buybacks
81Mfewer shares outstanding
$17average price paid per share bought back
10.2%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $34.62.

The stock, long termprice chart by TradingView

Loads a chart from TradingView, which may set its own cookies. Or open it on TradingView.

CNX Resources buybacks, answered

Is CNX Resources buying back its stock?

Not on a net basis. CNX Resources has 9.7% more shares outstanding than twelve months ago. Whatever it bought back did not cover the new shares it issued. Over five years the share count is down 30.0%.

How many shares has CNX Resources bought back?

Net of every new share it issued, CNX Resources has 82.3 million fewer shares than at its 2014 peak. That is 35.8% of the company. Since fiscal 2016 alone it bought back about 145.0 million shares, while the count fell by 81.5 million. The difference went to employees and other new shares.

How many shares does CNX Resources have outstanding?

147,943,637 shares, as of July 15, 2026, from the cover page of its latest 10-Q. At the 2014 peak it had 230,264,992.

What do CNX Resources' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held CNX Resources stock in 2014 owns 1.6 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does CNX Resources compare with other cannibal stocks?

CNX Resources ranks No. 58 of 65 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Columbia Sportswear (36.5%), Aon (36.3%), Aptiv (34.1%), Alpha Metallurgical (31.6%).

Every answer is computed from CNX Resources' own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like CNX Resources in depth on Cannibal Stocks.

Read Cannibal Stocks

Back to the leaderboard