BRY vs. CNX

Last updated Jun 4, 2026

BRY (Berry Corporation) and CNX (CNX Resources Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. At a 0.46 correlation, their price movements are largely independent.

Performance

BRY vs. CNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Berry Corporation (BRY) and CNX Resources Corporation (CNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BRY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNX

• 1D: 0.75%
• 1M: -12.37%
• YTD: -8.70%
• 6M: -16.89%
• 1Y: 5.24%
• 3Y*: 27.65%
• 5Y*: 18.91%
• 10Y*: 7.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRY vs. CNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BRY Berry Corporation	0.00%	-17.92%	-34.12%	-0.36%	9.71%	135.52%	-59.55%	13.17%	-35.25%
CNX CNX Resources Corporation	-8.70%	0.27%	83.35%	18.76%	22.47%	27.31%	22.03%	-22.50%	-32.98%

Correlation

The correlation between BRY and CNX is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jul 19, 2018	0.46

Over the past year, the correlation between BRY and CNX has dropped to 0.22 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.

Fundamentals

EPS BRY : -$1.17 CNX : $9.47
PS Ratio BRY : 0.37 CNX : 1.72
Total Revenue (TTM) BRY : $680.16M CNX : $2.43B
Gross Profit (TTM) BRY : $211.07M CNX : $1.17B
EBITDA (TTM) BRY : $91.56M CNX : $2.24B

Return for Risk

BRY vs. CNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNX

CNX Risk / Return Rank: 44
CNX Sharpe Ratio Rank: 47
CNX Sortino Ratio Rank: 40
CNX Omega Ratio Rank: 39
CNX Calmar Ratio Rank: 46
CNX Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRY vs. CNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Berry Corporation (BRY) and CNX Resources Corporation (CNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BRY	CNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.18	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.14	—

Drawdowns

Drawdown Indicators

	BRY	CNX	Difference
Max Drawdown Largest peak-to-trough decline	—	-95.41%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-21.80%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.37%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-77.19%	—
Current Drawdown Current decline from peak	—	-69.07%	—
Average Drawdown Average peak-to-trough decline	—	-58.15%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.19%	—

Volatility

Volatility by Period

	BRY	CNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	29.92%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	35.41%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	48.49%	—

Dividends

BRY vs. CNX - Dividend Comparison

BRY's dividend yield for the trailing twelve months is around 1.84%, while CNX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRY Berry Corporation	1.84%	3.68%	18.16%	13.80%	16.75%	2.38%	3.26%	5.09%	2.40%	0.00%	0.00%	0.00%
CNX CNX Resources Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	1.84%

Financials

BRY vs. CNX - Profitability Comparison

The chart below illustrates the profitability comparison between Berry Corporation and CNX Resources Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BRY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berry Corporation reported a gross profit of 36.92M and revenue of 155.81M. Therefore, the gross margin over that period was 23.7%.

CNX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CNX Resources Corporation reported a gross profit of 0.00 and revenue of 786.65M. Therefore, the gross margin over that period was 0.0%.

BRY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berry Corporation reported an operating income of -2.31M and revenue of 155.81M, resulting in an operating margin of -1.5%.

CNX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CNX Resources Corporation reported an operating income of 2.03M and revenue of 786.65M, resulting in an operating margin of 0.3%.

BRY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berry Corporation reported a net income of -26.02M and revenue of 155.81M, resulting in a net margin of -16.7%.

CNX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CNX Resources Corporation reported a net income of 348.15M and revenue of 786.65M, resulting in a net margin of 44.3%.

Frequently Asked Questions

Can I hold both BRY and CNX in my portfolio?

BRY and CNX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.