Seasonality
CNX seasonality — CNX Resources
Over the last 11 years, CNX's strongest month on average has been October (+7.3%) and its weakest June (-1.9%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | -1.76% | +0.17% | 50% | +17.3% | -25.3% | 10 |
| Feb | -1.42% | +1.62% | 50% | +14.7% | -26.6% | 10 |
| Mar | +6.77% | +6.07% | 80% | +26.8% | -7.7% | 10 |
| Apr | +5.02% | -3.38% | 20% | +99.2% | -16.8% | 10 |
| May | +0.14% | +0.49% | 50% | +11.8% | -13.8% | 10 |
| Jun | -1.92% | +0.50% | 60% | +14.7% | -24.2% | 10 |
| Jul | +4.08% | +7.22% | 70% | +15.1% | -11.4% | 10 |
| Aug | +0.35% | -0.23% | 50% | +13.6% | -13.2% | 10 |
| Sep | -0.32% | -3.94% | 50% | +17.7% | -14.3% | 10 |
| Oct | +7.32% | +6.52% | 80% | +20.3% | -4.8% | 10 |
| Nov | -0.18% | -2.99% | 44% | +19.1% | -18.0% | 9 |
| Dec | -0.24% | -3.59% | 40% | +28.1% | -17.5% | 10 |
Monthly returns heat map — CNX
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.5 | 7.7 | -7.7 | 0.9 | -13.4 | 0.7 | 5.5 | 1.6 | -14.3 | 20.3 | -6.9 | -5.0% | |
| 2025 | -25.3 | 5.5 | 8.9 | -6.5 | 9.7 | 4.3 | -10.0 | -3.7 | 10.0 | 4.8 | 15.4 | -5.3 | +0.3% |
| 2024 | 1.0 | 3.7 | 13.2 | -0.8 | 11.8 | -7.6 | 8.9 | 4.5 | 17.7 | 4.5 | 19.1 | -9.5 | +83.3% |
| 2023 | -0.7 | -8.2 | 4.4 | -3.1 | -0.5 | 14.7 | 15.1 | 9.6 | 1.0 | -3.8 | -4.0 | -4.1 | +18.8% |
| 2022 | 7.8 | 10.2 | 26.8 | -0.8 | 5.7 | -24.2 | 4.9 | 2.3 | -12.1 | 8.2 | 3.3 | -3.0 | +22.5% |
| 2021 | 17.3 | -0.5 | 16.6 | -8.7 | 1.5 | 0.3 | -11.4 | -6.1 | 11.1 | 15.8 | -6.6 | 0.8 | +27.3% |
| 2020 | -18.3 | -26.6 | 0.2 | 99.2 | -3.9 | -15.1 | 11.6 | 13.6 | -13.9 | 2.8 | -3.0 | 14.8 | +22.0% |
| 2019 | 6.3 | -12.7 | 1.6 | -16.8 | -13.8 | -5.3 | 12.4 | -3.0 | -8.9 | 16.1 | -18.0 | 28.1 | -22.5% |
| 2018 | -4.2 | 14.7 | -4.0 | -3.7 | 8.8 | 10.0 | -8.4 | -2.1 | -10.2 | 9.4 | -11.6 | -17.5 | -21.9% |
| 2017 | -7.1 | -8.1 | 7.8 | -9.5 | -4.4 | 3.0 | 12.2 | -13.2 | 16.4 | -4.8 | 3.8 | 4.9 | -3.7% |
| 2016 | -11.4 |