earnings
confidence high
sentiment neutral
materiality 0.70
CNX Resources Q1 net income $348M vs loss; lowers FY2026 guidance
CNX Resources Corp
2026-Q1 EPS
reported $2.18
vs consensus $0.94
▲ beat
(+130.7%)
- Net income of $348M ($2.18 diluted EPS) vs loss of $198M ($1.34 loss) in Q1 2025.
- Natural gas, NGL & oil revenue $722M, up 31% YoY; total production 152.4 Bcfe (+3%).
- Realized loss on commodity derivatives $222M in Q1 2026 vs $110M loss in prior year.
- FY2026 adjusted EBITDAX guidance lowered to $1,265-$1,315M from $1,310-$1,360M.
- FY2026 free cash flow guidance reduced to ~$525M from ~$550M; share repurchases $54M in Q1.