NYSEEnergyOil & Gas Exploration & ProductionS&P MidCap 400
$34.92
-0.38 (-1.08%)
Close of Nov 06, 2026 · end-of-day data
CNX 8-K filings, explained
Every material Form 8-K CNX Resources has filed with the SEC since January 21, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
CNX Resources furnished its third-quarter 2026 results in Exhibit 99.1, reporting net income of $165.2 million, or $1.12 per diluted share, down from $202.9 million in the prior quarter, with total revenue of $580.0 million. The company narrowed its 2026 adjusted EBITDAX guidance to $1,290 million to $1,310 million and raised its free cash flow outlook to about $550 million from about $525 million, which signals higher expected cash generation even as quarterly earnings declined.
Q3 2026 net income was $165.2 million, versus $202.9 million in Q2 2026 and $202.1 million in Q3 2025.
Diluted EPS was $1.12, versus $1.32 in Q2 2026 and $1.21 in Q3 2025.
Total revenue and other operating income was $580.0 million, versus $618.5 million in Q2 2026 and $583.8 million in Q3 2025.
2026 guidance: adjusted EBITDAX narrowed to $1,290 million to $1,310 million from $1,265 million to $1,315 million; free cash flow raised to about $550 million from about $525 million; FCF per share raised to about $3.85 from about $3.55.
CNX Resources appointed Ravi Srivastava, its Senior Vice President Operations, as Chief Financial Officer, effective September 17, 2026, replacing Everett W. Good, who stepped down without cause. Good will stay as a non-executive employee until October 2, 2026, then serve as a consultant through the end of 2026. The change puts a long-tenured internal executive in the company's top finance role, and the filing sets out payments due to Good on departure.
Ravi Srivastava, age 45, named CFO effective September 17, 2026; he joined CNX in 2010 and has been SVP Operations since February 2025
Everett W. Good stepped down as CFO without cause after more than 13 years of service; the filing says the departure was not due to a disagreement with the company
Good is expected to receive a lump sum cash payment of $220,673.08 plus accelerated vesting for 24,701 restricted stock units and continued vesting for 39,033 performance-based awards
Melissa Long, Vice President Financial Reporting and Controller since May 2026, will serve as principal accounting officer
CNX Resources reported second-quarter 2026 results, with net income of $202.9 million, down from $432.5 million a year earlier, and diluted EPS of $1.32 versus $2.53. The company raised its 2026 free cash flow per share guidance to about $3.55 from about $3.41, while keeping its Adjusted EBITDAX and free cash flow ranges unchanged.
Q2 2026 total revenue and other operating income was $618.5 million, versus $962.4 million in Q2 2025 and $786.7 million in Q1 2026.
Q2 2026 net income was $202.9 million, versus $348.1 million in Q1 2026; diluted EPS was $1.32 versus $2.18 in Q1 2026.
2026 FCF per share guidance was raised to about $3.55 from about $3.41; Adjusted EBITDAX guidance ($1,265 million to $1,315 million) and FCF guidance (about $525 million) were unchanged.
Purchases of common stock totaled $200.4 million in Q2 2026.
CNX reported first-quarter 2026 net income of $348.1 million, or $2.18 per diluted share, compared with a net loss of $197.7 million in the first quarter of 2025. The company also lowered its 2026 guidance for Adjusted EBITDAX and free cash flow, citing a lower NYMEX natural gas price assumption, which matters to shareholders because it reduces the cash the company expects to generate this year.
Q1 2026 net income was $348.1 million, or $2.18 per diluted share, versus a net loss of $197.7 million, or $1.34 per share, in Q1 2025.
Total revenue and other operating income was $786.7 million, up from $610.5 million in Q4 2025.
2026 Adjusted EBITDAX guidance was lowered to $1,265 million to $1,315 million from $1,310 million to $1,360 million; free cash flow guidance was lowered to about $525 million from about $550 million.
Q1 2026 included a realized commodity derivative loss of $222 million, and the 2026 NYMEX natural gas price assumption was lowered to $3.64 per MMBtu from $4.07.
CNX Resources Corporation completed a private offering of $500 million in 5.875% senior notes due March 1, 2034, on February 26, 2026. The company said it intends to use the net proceeds to tender for and, if needed, redeem its outstanding 6.000% senior notes due 2029, with any shortfall funded from its revolving credit facility, so the deal mainly refinances existing debt.
$500 million aggregate principal of 5.875% senior notes due March 1, 2034, issued under an indenture with UMB Bank, N.A., as trustee
Interest is payable semi-annually on March 1 and September 1, beginning September 1, 2026
Proceeds intended to fund a tender offer for, and if needed the redemption of, the company's 6.000% senior notes due 2029
Notes are redeemable on or after March 1, 2029 at 102.938% of principal, declining to 100% in 2031 and thereafter
CNX Resources Corporation agreed on February 17, 2026 to sell $500 million of 5.875% senior notes due 2034 in a private offering priced at 100.0% of face value, with closing expected on or about February 26, 2026. The company said it will use the proceeds to buy back or redeem its outstanding 6.000% senior notes due 2029, which is a refinancing of existing debt rather than a stated change in operations.
Notes: $500 million aggregate principal, 5.875% senior notes due 2034, priced at 100.0% of face value
Expected closing: on or about February 26, 2026
Proceeds: tender offer for any and all 6.000% senior notes due 2029, with any remaining 2029 Notes to be redeemed; shortfall may be funded by the revolving credit facility
Initial purchaser: Wells Fargo Securities, LLC as representative
CNX reported fourth-quarter 2025 net income of $196.3 million, down from $202.1 million in the third quarter, while diluted EPS rose to $1.28 from $1.21 and revenue rose to $610.5 million from $583.8 million. The board also approved a $2.0 billion increase to the stock repurchase program, bringing the amount available to about $2.4 billion as of January 27, 2026.
Q4 2025 total revenue and other operating income was $610.5 million, versus $583.8 million in Q3 2025.
Q4 2025 net income was $196.3 million, versus $202.1 million in Q3 2025; diluted EPS was $1.28, versus $1.21.
Adjusted EBITDAX was $292 million in Q4 2025, versus $298 million in Q3 2025.
The board approved a $2.0 billion repurchase increase on January 27, 2026, with about $2.4 billion now available; the program has no expiration date.
CNX Resources disclosed that Alan Shepard will become President and Chief Executive Officer and a board member, and Everett Good will become Chief Financial Officer, both effective January 1, 2026. The filing sets out their pay packages, including base salaries and incentive targets, and their change-in-control severance terms, which show the cost of each executive's exit terms to the company.
Alan Shepard: base salary of $600,000 per year, with a short-term incentive target of $720,000 and a 2026 long-term equity target of $3,000,000.
Everett Good: base salary of $310,000 per year, with a short-term incentive target of $186,000 and a 2026 long-term equity target of $1,700,000.
Good received a special grant on January 5, 2026 of 191,667 target performance share units, earned based on absolute stock price performance through July 31, 2028 and July 31, 2030.
Shepard's amended change-in-control agreement provides cash severance of 2.5 times base salary plus short-term incentive pay; Good's provides 1.5 times.
CNX Resources' Board appointed Everett Good, the company's current Vice President of Finance and Treasury, as Chief Financial Officer effective January 1, 2026. He succeeds Alan Shepard, who is set to become President and Chief Executive Officer on the same date and join the Board.
Everett Good, age 39, has been Vice President of Finance and Treasury since April 2021.
Good succeeds Alan Shepard as CFO; Shepard becomes President and CEO effective January 1, 2026.
Compensation changes tied to the CFO role will be set by the Compensation Committee at a later date.
The appointment is contingent on Good remaining an employee through the appointment date.
CNX Resources reported third quarter 2025 results in an 8-K furnished on October 30, 2025. Net income was $202.1 million, or $1.21 per diluted share, compared with $65.5 million, or $0.37 per diluted share, in the third quarter of 2024, though both measures fell from the second quarter's $432.5 million and $2.53. The company raised its 2025 guidance for adjusted EBITDAX to $1,225 million to $1,275 million and for free cash flow to about $640 million.
Net income $202.1 million in Q3 2025, versus $432.5 million in Q2 2025 and $65.5 million in Q3 2024
Diluted EPS $1.21 in Q3 2025, versus $2.53 in Q2 2025 and $0.37 in Q3 2024
Total revenue and other operating income $583.8 million in Q3 2025, versus $962.4 million in Q2 2025 and $424.2 million in Q3 2024
2025 guidance: adjusted EBITDAX raised to $1,225 million-$1,275 million from $1,200 million-$1,225 million; free cash flow raised to about $640 million from about $575 million
CNX Resources said CEO Nicholas DeIuliis will retire as chief executive on December 31, 2025, and that the board appointed CFO Alan Shepard to succeed him as President and CEO effective January 1, 2026. DeIuliis will stay on the board and remain a non-executive employee until February 2, 2026, and Shepard will join the board as the board expands from seven to eight directors.
Nicholas DeIuliis informed the company on September 17, 2025 of his plan to retire as CEO on December 31, 2025.
Alan Shepard, age 44, is currently President and CFO and will become President and CEO on January 1, 2026.
The board increased its size from seven to eight directors and elected Shepard as a member effective January 1, 2026.
Shepard's CEO compensation will be set by the Compensation Committee at a later date.
CNX Resources reported second quarter 2025 results in Exhibit 99.1 of this 8-K. Net income was $432.5 million, or $2.53 per diluted share, compared with a net loss of $197.7 million, or $1.34 per share, in the first quarter, mainly because of a $421.1 million gain on commodity derivative instruments. The company kept its 2025 adjusted EBITDAX and total free cash flow guidance unchanged, narrowed its production guidance, and raised its free cash flow per share guidance to about $4.07 from about $3.97.
Q2 2025 net income was $432.5 million (diluted EPS $2.53) versus a Q1 2025 net loss of $197.7 million (EPS of $(1.34))
Natural gas, NGL and oil revenue fell to $485.0 million from $551.1 million in Q1 2025; adjusted net income was $100 million versus $116 million in Q1
2025 production guidance narrowed to 615 to 620 Bcfe from 605 to 620 Bcfe; adjusted EBITDAX guidance stayed at $1,225 to $1,275 million
Free cash flow per share guidance rose to about $4.07 from about $3.97, based on 141,418,560 shares outstanding as of 7/15/2025
On June 11, 2025, CNX Resources' Board appointed Chief Financial Officer Alan Shepard as Company President, effective immediately, succeeding Nicholas DeIuliis in that role. DeIuliis remains Chief Executive Officer and a Board member. The filing states there is no change to Shepard's compensation tied to the appointment, and it reports no financial results.
Alan Shepard, 44, appointed President in addition to his CFO role, effective June 11, 2025
Shepard has been CFO since June 2022 and joined the company in 2020
Nicholas DeIuliis succeeded as President and continues as CEO and a Board member
No change to Shepard's compensation in connection with the appointment
CNX Resources reported first-quarter 2025 results in a Form 8-K filed April 24, 2025. The company posted a net loss of $197.7 million, or $1.34 per share, and total revenue and other operating income of $82.4 million, compared with $136.6 million in the fourth quarter of 2024. The results were driven mainly by a $528.2 million loss on commodity derivative instruments, while the 2025 production and adjusted EBITDAX guidance ranges were left unchanged.
Net loss of $197.7 million, or $1.34 per share, versus a net loss of $144.6 million in Q4 2024 and net income of $6.9 million in Q1 2024
Total revenue and other operating income of $82.4 million, down from $136.6 million in Q4 2024
Loss on commodity derivative instruments of $528.2 million, including an unrealized loss of $418 million
2025 guidance for production (605 to 620 Bcfe) and adjusted EBITDAX ($1,225 million to $1,275 million) unchanged; 2025 NYMEX natural gas price assumption lowered to $3.76 per MMBtu from $3.86
CNX Resources reported a fourth-quarter 2024 net loss of $144.6 million, or $0.97 per diluted share, compared with net income of $514.0 million, or $2.76 per diluted share, in the fourth quarter of 2023. The company's total revenue fell to $136.6 million from $968.8 million, mainly because of a $283.0 million loss on commodity derivative instruments, so shareholders face a sharp drop in reported earnings although the company also reported adjusted EBITDAX of $280 million.
Q4 2024 net loss of $144.6 million, or $0.97 per diluted share, versus net income of $514.0 million, or $2.76 per diluted share, in Q4 2023
Q4 2024 total revenue and other operating income of $136.6 million, versus $968.8 million in Q4 2023
Q4 2024 adjusted EBITDAX of $280 million, versus $262 million in Q4 2023; full-year 2024 net loss of $90.5 million
2025 guidance for adjusted EBITDAX of $1,090 million to $1,130 million; Apex Energy acquisition closed January 27, 2025, with a $505 million purchase price
CNX Resources completed a private offering of $200 million in additional 7.250% senior notes due 2032, priced at 100.500% of par with a yield to worst of 7.104%. The new notes are identical to the $400 million of notes issued in February 2024, so CNX's total notes outstanding of this series rise to $600 million, and the company plans to use the proceeds for general corporate purposes, including part of the costs of its pending Apex Energy acquisition.
$200 million of 7.250% senior notes due March 1, 2032, priced at 100.500% of par, yield to worst 7.104%
Issued as additional notes under the February 23, 2024 indenture with UMB Bank, N.A. as trustee, on identical terms to the $400 million initial notes
Proceeds for general corporate purposes, including part of transaction costs for the pending Apex Energy acquisition, and paying down revolver borrowings before that deal closes
Company may redeem notes on or after March 1, 2027 at 103.625%, declining to 100% from 2029
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every CNX Resources filing is on SEC EDGAR ↗. 8-K briefs of other companies →