CNX Resources rises on Q3 core profit and revenue beat
CNX•CNX Resources reported Q3 adjusted EBITDAX of $294 million and revenue of $580 million, above estimates of $267.15 million and $483.81 million, respectively. It narrowed its 2026 production forecast to 612.5 billion to 617.5 billion cubic feet equivalent.
1. Q3 results and outlook
CNX Resources shares rose 3.37% to $39.30 premarket after the company reported Q3 adjusted EBITDAX of $294 million and revenue of $580 million, above estimates of $267.15 million and $483.81 million. Production was about 156.3 billion cubic feet equivalent, down from 161.3 billion a year earlier. CNX narrowed its 2026 production forecast to 612.5 billion to 617.5 billion cubic feet equivalent, from 605 billion to 620 billion.
