Is CNX Resources Corp (CNX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 44.1% / 30% | 0.0% / 30% | 5.5% / 30% | 0.05% / 5% | ✗ NOT HALAL |
| DJIM | 44.1% / 33% | 0.0% / 33% | 5.5% / 33% | 0.05% / 5% | ✗ NOT HALAL |
| MSCI | 28.6% / 33% | 0.0% / 33% | 3.6% / 33% | 0.05% / 5% | ✓ HALAL |
| S&P | 44.1% / 33% | 0.0% / 33% | 5.5% / 33% | 0.05% / 5% | ✗ NOT HALAL |
| FTSE | 28.6% / 33% | 0.0% / 33% | 3.6% / 50% | 0.05% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 73.1% | |
| Operating Margin | 57.9% | |
| Net Margin | 30.7% | |
| Return on Equity (ROE) | 15.0% | |
| Return on Assets (ROA) | 6.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.0B |
| Free Cash Flow | $534M |
| Total Debt | $2.6B |
| Debt-to-Equity | 60.1 |
| Current Ratio | 0.4 |
| Total Assets | $9.1B |
Price & Trading
| Last Close | $40.01 |
| 50-Day MA | $39.58 |
| 200-Day MA | $34.95 |
| Avg Volume | 2.3M |
| Beta | 0.6 |
|
52-Week Range
$27.68
| |
About CNX Resources Corp (CNX)
CNX Resources Corporation, an independent natural gas and midstream company, engages in the acquisition, exploration, development, and production of natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. The company owns rights to extract natural gas from shale formations in Pennsylvania, West Virginia, and Ohio, as well as rights to extract natural gas from other Shale and shallow oil and gas formations primarily in Illinois, Indiana, New York, Ohio, Pennsylvania, Virginia, and West Virginia. In addition, the company designs, builds, and operates natural gas gathering systems to move natural gas from the wellhead to interstate pipelines or other local sales points; owns or operates approximately 2,600 miles of natural gas gathering pipelines as well as various natural gas processing facilities. Further, it offers turn-key solutions for water sourcing, delivery and disposal for its natural gas operations and supplies solutions for water sourcing as well as delivery and disposal for third parties. The company was formerly known as CONSOL Energy Inc. and changed its name to CNX Resources Corporation in November 2017. CNX Resources Corporation was founded in 1860 and is based in Canonsburg, Pennsylvania.
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Frequently Asked Questions
Is CNX Resources Corp (CNX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CNX Resources Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CNX Resources Corp's debt ratio?
CNX Resources Corp's debt ratio is 44.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 28.6%.
What are CNX Resources Corp's key financial metrics?
CNX Resources Corp has a market capitalization of $5.8B, trailing P/E ratio of 10.2, and revenue of $2.1B. The company maintains a gross margin of 73.1% and a net margin of 30.7%. Return on equity stands at 15.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.