earnings
confidence high
sentiment negative
materiality 0.75
CNX Q2 net income $203M, down 53% YoY; production volumes decline 10%
CNX Resources Corp
- Q2 net income $202.9M ($1.32 diluted EPS) vs $432.5M ($2.53) YoY; revenue $389.4M down 20%.
- Total production 151.5 Bcfe, down 9.6% YoY; average daily production 1,664.8 MMcfe.
- 2026 guidance unchanged: production 605-620 Bcfe, Adj. EBITDAX $1,265-$1,315M; FCF ~$525M.
- NYMEX price assumption lowered to $3.55/MMBtu from $3.64; differential improved to ($0.59).
- Repurchased $200.4M of common stock in Q2; long-term debt $2.22B, no current maturities.