BridgeWise Mid Cap Allocations
Smart Portfolio
High Performer, $CNX (CNX Resources Corp) , in Focus Looking at the performance of our MidCapDiverse portfolio, one company currently leads, at around 20% in the P/L column. CNX Resources Corporation is an independent natural gas and midstream company focused on acquiring, exploring, developing, and producing natural gas properties, mainly in the Appalachian Basin. Since October 1, 2025, CNX Resources Corporation stock has climbed from 33.59 USD to 38.35 USD at the close on December 17, 2025, a gain of 14.15%. The stock showed a steady uptrend, with some volatility along the way, peaking at 40.97 USD on December 10, 2025. Despite the recent pullback toward its 52-week low, the overall performance since October has been marked by robust financial growth and positive sentiment from Moody’s, which revised its outlook on CNX to positive. CNX delivered a standout third quarter of 2025, with total revenues reaching 450.85M USD, a 34.7% jump from the same period last year. Net income soared to 202.1M USD, up 208.4% year-over-year, easily surpassing analyst estimates. The company’s gross margin hit 68.9% and net margin landed at 44.8%, both far above sector averages, reflecting efficient operations and pricing strength. One reason for the company's performance this quarter may be the overall strength of the natural gas market. Natural gas prices have stayed relatively high this quarter, with a recent spot price of 4.16 USD/MMBtu on December 18, 2025, up 3.34% from the previous day. Over the past month, prices dipped 8.60%, but they’re still 16.03% higher than a year ago, reflecting tight market conditions driven by strong LNG exports, colder-than-expected temperatures across North America, Europe, and East Asia, and constrained global output.
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CNX
CNX Resources Corp
41.48
-1.12 (-2.63%)
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