AI brief of an SEC Form 8-K · CNX Resources (CNX)

CNX Resources posts $197.7 million Q1 2025 net loss on $528.2 million derivative loss

Negative Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyCNX Resources (CNX)
Form8-K, current report
Filed with the SECApr 24, 2025, 6:47 AM ET
Accession number0001070412-25-000055

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.