earnings
confidence high
sentiment positive
materiality 0.80
CNX Q2 net income $432.5M ($2.53 EPS) vs year-ago loss; production up 25%
CNX Resources Corp
2025-Q2 EPS
reported $1.37
vs consensus $0.45
▲ beat
(+207.6%)
- Net income $432.5M ($2.53 diluted EPS) vs net loss of $18.3M in Q2 2024, aided by $421M unrealized derivative gains.
- Total production 167.6 Bcfe, up 25% YoY; average daily production 1,842 MMcfe.
- Realized natural gas price $2.84/Mcf before hedging vs $1.60/Mcf a year ago; cash production costs declined to $0.79/Mcfe.
- Operating cash flow $282.5M (+47% YoY); capex $113.6M (-25% YoY); share repurchases $115.7M in Q2.
- FY 2025 guidance: production raised to 615-620 Bcfe; adjusted EBITDAX unchanged $1.225-1.275B; FCF ~$575M.