secwatch.observer — SEC 8-K summary
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Issuer:     CNX Resources Corp (CNX)
CIK:        0001070412
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001070412-23-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNX Q4 net income $1.175B (incl $1.14B unrealized gain); FY net loss $142M; guides 2023 FCF ~$375M
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- Q4 net income $1.175B ($5.68 diluted EPS) vs $630M ($2.90) in Q4 2021; includes $1.138B unrealized derivatives gain.
- Full year 2022 net loss $142M ($0.75 diluted loss) vs net income $630M in 2021; revenue $3.65B.
- Total production 140.6 Bcfe in Q4, down 11% YoY; daily production 1,528 MMcfe.
- 2023 guidance: production 555-575 Bcfe, adj. EBITDAX $1.1-$1.25B, capex $575-$675M, FCF ~$375M (~$2.20/share).
- Repurchased $565M of common stock in 2022; share count reduced by ~15% over the year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070412/000107041223000006/0001070412-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070412/000107041223000006/cnx-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001070412-23-000006

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