CNX Resources Q4 EPS Beats by 70%, Revenues Jump 12.3%
CNX Resources reported Q4 2025 operating earnings of $0.68 per share, beating analyst estimates by 70% and rising 19.3% from a year earlier. Fourth-quarter revenues grew 8.6% to $419 million, topping projections by 12.3% on strong Appalachian gas volumes and higher realized prices.
1. Operating Earnings Performance
CNX Resources delivered adjusted operating earnings of $0.68 per share in Q4 2025, surpassing the consensus of $0.40 by 70% and up from $0.57 in the year-ago quarter. The boost was driven by operational efficiencies and stronger realized gas prices in key Appalachian shale assets.
2. Revenue and Growth Trends
Fourth-quarter revenues reached $419 million, exceeding the estimate of $373 million by 12.3% and marking an 8.6% increase from Q4 2024. Growth was supported by higher sales volumes and favorable market demand in the Appalachian basin, contributing to the top-line outperformance.