---
schema_version: "secwatch.filing_event.v1"
accession: "0001070412-23-000090"
form_type: "8-K"
ticker: "CNX"
cik: "0001070412"
company_name: "CNX Resources Corp"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:41:10.260538+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CNX Resources Q2 net income $475M on derivative gains; boosts buyback by $1B to $1.3B

## Summary
- Net income $475M (diluted EPS $2.47) vs $33M in Q2 2022; includes $542M derivative gain.
- Natural gas, NGL & oil revenue $257M, down 74% YoY from $1,003M on lower prices.
- Production 134.2 Bcfe (-6% YoY); avg daily 1,474 MMcfe.
- Board approved $1.0B stock buyback increase; total available ~$1.3B with no expiration.
- Updated 2023 guidance: production 545-555 Bcfe (narrowed lower); FCF ~$325M.

## SEC filing metadata
- accession: 0001070412-23-000090
- form_type: 8-K
- ticker: CNX
- cik: 0001070412
- company_name: CNX Resources Corp
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070412/000107041223000090/0001070412-23-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070412/000107041223000090/cnx-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070412-23-000090
- JSON: https://secwatch.observer/filing/0001070412-23-000090.json
- Plain text: https://secwatch.observer/filing/0001070412-23-000090.txt

## Key facts
- Earnings Releases
  CNX Resources Corp reported financial results for second quarter 2023.
  - Period: second quarter 2023
  - Result: reported results
  source text: CNX Resources Corporation ("CNX" or the "Company") today released financial and operational results for the second quarter 2023 by posting those results on its website.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070412/000107041223000090/0001070412-23-000090-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.