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Side-by-side financial comparison of CNX Resources Corp (CNX) and MURPHY OIL CORP (MUR). Click either name above to swap in a different company.

MURPHY OIL CORP is the larger business by last-quarter revenue ($613.1M vs $610.5M, roughly 1.0× CNX Resources Corp). CNX Resources Corp runs the higher net margin — 32.1% vs 1.9%, a 30.2% gap on every dollar of revenue. On growth, CNX Resources Corp posted the faster year-over-year revenue change (347.0% vs -8.4%). Over the past eight quarters, CNX Resources Corp's revenue compounded faster (32.0% CAGR vs -12.2%).

CNX Resources Corporation is an American natural gas company based in Pittsburgh with operations in the Appalachian Basin, primarily in the Marcellus Shale and Utica Shale in Pennsylvania, Ohio and West Virginia. It also develops coalbed methane properties in Virginia along with a methane capture and abatement program. The company also has extensive midstream operations and is one of the largest producers of natural gas in the United States.

Murphy Oil Corporation is an American energy company engaged in hydrocarbon exploration headquartered in Houston, Texas.

CNX vs MUR — Head-to-Head

Bigger by revenue
MUR
MUR
1.0× larger
MUR
$613.1M
$610.5M
CNX
Growing faster (revenue YoY)
CNX
CNX
+355.4% gap
CNX
347.0%
-8.4%
MUR
Higher net margin
CNX
CNX
30.2% more per $
CNX
32.1%
1.9%
MUR
Faster 2-yr revenue CAGR
CNX
CNX
Annualised
CNX
32.0%
-12.2%
MUR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNX
CNX
MUR
MUR
Revenue
$610.5M
$613.1M
Net Profit
$196.3M
$11.9M
Gross Margin
Operating Margin
9.7%
Net Margin
32.1%
1.9%
Revenue YoY
347.0%
-8.4%
Net Profit YoY
235.7%
-76.3%
EPS (diluted)
$1.58
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNX
CNX
MUR
MUR
Q4 25
$610.5M
$613.1M
Q3 25
$583.8M
$721.0M
Q2 25
$962.4M
$683.0M
Q1 25
$672.7M
Q4 24
$669.6M
Q3 24
$424.2M
$753.2M
Q2 24
$321.4M
$801.0M
Q1 24
$384.6M
$794.8M
Net Profit
CNX
CNX
MUR
MUR
Q4 25
$196.3M
$11.9M
Q3 25
$202.1M
$-3.0M
Q2 25
$432.5M
$22.3M
Q1 25
$73.0M
Q4 24
$50.4M
Q3 24
$65.5M
$139.1M
Q2 24
$-18.3M
$127.7M
Q1 24
$6.9M
$90.0M
Gross Margin
CNX
CNX
MUR
MUR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
99.6%
Q1 24
100.0%
Operating Margin
CNX
CNX
MUR
MUR
Q4 25
9.7%
Q3 25
0.8%
Q2 25
13.5%
Q1 25
21.4%
Q4 24
12.7%
Q3 24
23.8%
Q2 24
23.0%
Q1 24
19.4%
Net Margin
CNX
CNX
MUR
MUR
Q4 25
32.1%
1.9%
Q3 25
34.6%
-0.4%
Q2 25
44.9%
3.3%
Q1 25
10.9%
Q4 24
7.5%
Q3 24
15.4%
18.5%
Q2 24
-5.7%
15.9%
Q1 24
1.8%
11.3%
EPS (diluted)
CNX
CNX
MUR
MUR
Q4 25
$1.58
$0.08
Q3 25
$1.21
$-0.02
Q2 25
$2.53
$0.16
Q1 25
$0.50
Q4 24
$0.35
Q3 24
$0.37
$0.93
Q2 24
$-0.12
$0.83
Q1 24
$0.04
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNX
CNX
MUR
MUR
Cash + ST InvestmentsLiquidity on hand
$779.0K
$377.2M
Total DebtLower is stronger
$2.4B
$1.4B
Stockholders' EquityBook value
$4.3B
$5.1B
Total Assets
$9.1B
$9.8B
Debt / EquityLower = less leverage
0.56×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNX
CNX
MUR
MUR
Q4 25
$779.0K
$377.2M
Q3 25
$4.7M
$426.0M
Q2 25
$3.4M
$379.6M
Q1 25
$392.9M
Q4 24
$423.6M
Q3 24
$1.3M
$271.2M
Q2 24
$3.9M
$333.6M
Q1 24
$2.0M
$323.4M
Total Debt
CNX
CNX
MUR
MUR
Q4 25
$2.4B
$1.4B
Q3 25
$2.6B
$1.4B
Q2 25
$2.6B
$1.5B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$2.3B
$1.3B
Q2 24
$2.3B
$1.3B
Q1 24
$2.3B
$1.3B
Stockholders' Equity
CNX
CNX
MUR
MUR
Q4 25
$4.3B
$5.1B
Q3 25
$4.1B
$5.1B
Q2 25
$4.1B
$5.2B
Q1 25
$5.1B
Q4 24
$5.2B
Q3 24
$4.3B
$5.2B
Q2 24
$4.3B
$5.3B
Q1 24
$4.3B
$5.3B
Total Assets
CNX
CNX
MUR
MUR
Q4 25
$9.1B
$9.8B
Q3 25
$8.9B
$9.7B
Q2 25
$9.0B
$9.8B
Q1 25
$9.8B
Q4 24
$9.7B
Q3 24
$8.5B
$9.7B
Q2 24
$8.6B
$9.9B
Q1 24
$8.7B
$9.7B
Debt / Equity
CNX
CNX
MUR
MUR
Q4 25
0.56×
0.27×
Q3 25
0.63×
0.28×
Q2 25
0.64×
0.28×
Q1 25
0.29×
Q4 24
0.25×
Q3 24
0.54×
0.24×
Q2 24
0.54×
0.24×
Q1 24
0.53×
0.25×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNX
CNX
MUR
MUR
Operating Cash FlowLast quarter
$297.0M
$249.6M
Free Cash FlowOCF − Capex
$122.6M
FCF MarginFCF / Revenue
20.1%
Capex IntensityCapex / Revenue
28.6%
Cash ConversionOCF / Net Profit
1.51×
20.92×
TTM Free Cash FlowTrailing 4 quarters
$505.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNX
CNX
MUR
MUR
Q4 25
$297.0M
$249.6M
Q3 25
$233.8M
$339.4M
Q2 25
$282.5M
$358.1M
Q1 25
$300.7M
Q4 24
$433.6M
Q3 24
$170.2M
$429.0M
Q2 24
$191.8M
$467.7M
Q1 24
$185.1M
$398.8M
Free Cash Flow
CNX
CNX
MUR
MUR
Q4 25
$122.6M
Q3 25
$158.2M
Q2 25
$168.9M
Q1 25
Q4 24
Q3 24
$55.4M
Q2 24
$39.8M
Q1 24
$16.9M
FCF Margin
CNX
CNX
MUR
MUR
Q4 25
20.1%
Q3 25
27.1%
Q2 25
17.6%
Q1 25
Q4 24
Q3 24
13.1%
Q2 24
12.4%
Q1 24
4.4%
Capex Intensity
CNX
CNX
MUR
MUR
Q4 25
28.6%
Q3 25
12.9%
Q2 25
11.8%
Q1 25
Q4 24
Q3 24
27.0%
Q2 24
47.3%
Q1 24
43.7%
Cash Conversion
CNX
CNX
MUR
MUR
Q4 25
1.51×
20.92×
Q3 25
1.16×
Q2 25
0.65×
16.06×
Q1 25
4.12×
Q4 24
8.61×
Q3 24
2.60×
3.08×
Q2 24
3.66×
Q1 24
27.01×
4.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNX
CNX

Natural Gas Reserves$436.6M72%
Other$66.8M11%
NG Ls$38.1M6%
Coalbed Methane$35.2M6%
Shale$17.5M3%
Oil And Gas Purchased$14.4M2%
Oil And Condensate$1.9M0%

MUR
MUR

Segment breakdown not available.

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