CNX Resources raises 2026 free cash flow outlook to about $550 million
CNX•CNX Resources raised its 2026 free cash flow forecast to about $550 million from $525 million and free cash flow per share to about $3.85 from $3.55. It narrowed adjusted EBITDAX guidance to $1.29 billion-$1.31 billion and increased its capital spending forecast to $571 million-$586 million.
1. Updated 2026 outlook
CNX Resources raised its 2026 free cash flow forecast to about $550 million from $525 million and its projected free cash flow per share to about $3.85 from $3.55. Adjusted EBITDAX guidance narrowed to $1.29 billion-$1.31 billion from $1.27 billion-$1.32 billion, while total capital spending is now forecast at $571 million-$586 million, compared with $556 million-$586 million previously. Natural gas hedging coverage rose to 82% from 81%, and the assumed gas differential widened to negative $0.71 per MMBtu from negative $0.59 per MMBtu.
