CNX ResourcesFRA:CGD -1.42%68 Gross Margin % is 64.25% as of Mar. 2026, which is 86% above its 10-year median of 34.52. GuruFocus rates FRA:CGD with a GF Score™ of 68/100 and a GF Value™ of €36.60 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 870 Oil & Gas companies, CNX Resources ranks better than 80% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
CNX Resources had a gross margin of 64.25% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
CNX Resources Gross Margin % Related Terms
CNX Resources Gross Margin % Historical Data
* Premium members only.
The historical data trend for CNX Resources's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:CGD vs CRC, MGY, MUR: Gross Margin % Comparison
For the Oil & Gas E&P subindustry, CNX Resources's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CNX Resources Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CNX Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CNX Resources's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
CNX Resources (FRA:CGD) has a Gross Margin % of 64.25% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CNX Resources and its competitors. This is 86% above median its historical median of 34.52. According to the industry distribution chart, CNX Resources ranks #174 out of 870 companies in the Oil & Gas industry, placing it in the top 20%.
Is CNX Resources' Gross Margin % too high?
CNX Resources' current Gross Margin % of 64.25% is 86% above median its 10-year median of 34.52. The Oil & Gas industry median Gross Margin % is 25.62. CNX Resources' value of 64.25% is 150.8% above this industry median. Based on the distribution chart, CNX Resources ranks #174 out of 870 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, CNX Resources has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CNX Resources' Gross Margin % compare to CRC and MGY?
According to the Oil & Gas industry distribution chart, CNX Resources ranks #174 out of 870 companies for Gross Margin %. This places CNX Resources in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.62. CNX Resources' value of 64.25% is 150.8% above this benchmark. While the company's 10-year median is 34.52 vs. the industry median of 25.62, CNX Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.62, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNX Resources's current Gross Margin % of 64.25% is 150.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on CNX Resources and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNX Resources's current Gross Margin % is 64.25%, which is 86% above median its own 10-year median of 34.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNX Resources stock overvalued right now?
Based on GuruFocus' analysis, CNX Resources (FRA:CGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €36.60, compared to a current price of €29.18 — trading 20.3% below its estimated fair value. The current Gross Margin % is 64.25%, which is 86% above median its 10-year median of 34.52 and 150.8% above the Oil & Gas industry median of 25.62. CNX Resources' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For CNX Resources (FRA:CGD), the current Gross Margin % is 64.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CNX Resources (FRA:CGD) Overvalued in 2026?
Based on GuruFocus' analysis, CNX Resources stock appears to be undervalued.
The current stock price of €29.18 is trading 20.3% below its estimated GF Value™ of €36.60.
GuruFocus considers CNX Resources to be Modestly Undervalued.
Key valuation signals for FRA:CGD:
Gross Margin %: 64.25% (86% above median its 10-year median of 34.52)
GF Value™: €36.60 vs. price of €29.18 (20.3% below fair value)
Industry Position: 150.8% above the Oil & Gas median (#174 of 870)
No single metric tells the full story. See the FRA:CGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNX Resources Corp is an independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. It is focused on unconventional shale formations, prominently the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. the company has two reportable segments: Shale and Coalbed Methane. The majority of the company's revenue is derived from the Shale segment.
68GF Score
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