CNX Resources Q3 net income falls to $165 million; FCF guidance raised
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.
Key points
- 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.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.