Why These Energy Stocks are Losing This Week

2. CNX Resources Corporation (NYSE:CNX)

Share Price Decline Between July 22 – July 29: 9.12%

CNX Resources Corporation (NYSE:CNX) is a premier ultra-low carbon-intensive natural gas development, production, midstream, and technology company in the Appalachian basin.

CNX Resources Corporation (NYSE:CNX) fell despite posting better-than-expected results for its Q2 2025 last week, with the company beating expectations in both earnings and revenue. Moreover, the company revealed plans to produce more natural gas this year than previously expected to meet growing demand while spending the same amount of capital.

Analysts at Piper Sandler also stated in a note that CNX Resources Corporation (NYSE:CNX) reported a second-quarter beat driven by stronger production that was partially offset by weaker gas realizations.

It must be mentioned that natural gas demand in the United States is expected to hit record levels in the coming years, primarily due to the high consumption from the power-hungry data centers and a booming LNG exports industry.