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

CNX Q1 2026 net income $348 million; 2026 EBITDAX and free cash flow guidance lowered

Mixed Impact 4 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyCNX Resources (CNX)
Form8-K, current report
Filed with the SECApr 30, 2026, 7:04 AM ET
Accession number0001070412-26-000045

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 30, 2026.

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.