Pullen Investment Boosts Stake in CNX Resources

Asset management firm increases holdings in oil and gas producer by 76.3% in Q4 2025

Apr. 5, 2026 at 10:56am

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Pullen Investment Management LLC increased its stake in CNX Resources Corporation (NYSE: CNX) by 76.3% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 68,083 shares of the oil and gas producer's stock, making it the 26th largest holding in Pullen's portfolio.

Why it matters

This transaction highlights the continued institutional investor interest in CNX Resources, a major Appalachian Basin-focused energy company. The increase in Pullen's position suggests the firm sees long-term value in CNX's upstream operations and midstream infrastructure assets.

The details

According to the filing, Pullen Investment Management purchased an additional 29,469 shares of CNX Resources during the fourth quarter, bringing its total holdings to 68,083 shares. This represents approximately 0.05% ownership in the company. CNX Resources is focused on natural gas and natural gas liquids production in the Marcellus and Utica shale plays across Pennsylvania, West Virginia, and Ohio.

  • Pullen Investment Management increased its CNX Resources stake in Q4 2025.

The players

Pullen Investment Management LLC

An asset management firm that has increased its holdings in CNX Resources Corporation.

CNX Resources Corporation

A natural gas and natural gas liquids producer with operations concentrated in the Appalachian Basin.

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The takeaway

Pullen Investment's increased stake in CNX Resources reflects ongoing institutional investor confidence in the company's long-term growth potential within the Appalachian energy sector.