CNX at a glance
CNX Resources Corp (CNX, SEC CIK 1070412) filed its latest 10-K annual report on February 10, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 22, 2026 and Form 4 insider filings as recently as September 28, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), CNX Resources Corp (CNX) reported revenue of $2.2 billion (up 76.8% from FY2024) and net income of $633.2 million. Diluted EPS was $3.98.
- As of June 30, 2026, 35 institutional investment managers tracked by SignalX reported holding CNX Resources Corp (CNX) shares worth $2.5 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $2.2B
- +76.8% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 35 funds
- $2.5B · +0 vs prior quarter
- Latest 8-K
- Sep 22, 2026
- Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: exploration, production, and midstream operations in natural gas industry
- New or emphasized risk from increased state-level regulation: Pennsylvania’s Act 127 and Ohio SB315 expanding natural gas gathering line oversight
- Strategic risk shift focusing on local ordinances: Cecil Township, PA increased well pad setbacks from 500 to 2,500-5,000 feet
- Notable regulatory uncertainty: potential loss of FERC exemption on midstream gathering pipelines, risking higher costs and lower revenues
- Most unusual fact: local Pennsylvania courts’ rulings on property rights and Environmental Rights Amendment could restrict hydraulic fracturing operations
Risk Factors
- Regulatory risk from uncertain development timing under SEC Rule 4.10(a) for proved undeveloped reserves exceeding five years, including 320 Bcfe related to Buchanan mine
- Macroeconomic exposure to natural gas price volatility, with 2025 realized loss on commodity derivatives of $181M impacting revenues
- Operational risk from reliance on long-term unconditional purchase obligations totaling $1.48B as of December 31, 2025, not recorded on balance sheet
- Competitive threat from use of advanced geological and statistical technologies for reserve assignments, leveraging analog well performance and geophysical data
- Financial risk from concentration of natural gas sales, with over 10% revenue dependence on three customers each exceeding $200M in 2025 contracts
Management Discussion & Analysis
- Total average sales price per Mcfe $2.75 in 2025 vs $2.66 in 2024, up $0.09
- Liquids uplift added $0.05 per Mcfe in 2025 vs $0.17 in 2024, reducing overall liquids benefit
- Gas sales volumes hedged: 482.3 Bcf at $2.59/Mcf in 2025 vs 420.6 Bcf at $2.58 in 2024
- Hedged average prices for 2026-2028 production between $2.74 and $3.28 per Mcf, reducing price risk
- No explicit profitability, segment performance, cash flow, or capital allocation data disclosed in section
AI summary of the CNX 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Third-quarter 2026 hedged natural gas production 116.0 Bcf
- 2026 gas volumes hedged 460.4 Bcf, including actual settlements of 207.9 Bcf
- 2027 gas volumes hedged 402.4 Bcf as of July 8, 2026
- Natural gas, NGL and oil prices expected to remain volatile, pressuring revenue and cash flows
- Inflation risks from steel, diesel fuel and labor, with efficiency efforts targeting cost increases
Risk Factors
- No Risk Factors section provided; submitted text covers share repurchases
- Repurchases totaled 5,735,442 shares during the quarter
- Remaining authorization $2,171,897 thousand under the $4,900 million program
- June average repurchase price $33.41 per share
AI summary of the CNX 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- CFO Everett Good stepped down September 17, 2026, mutually and without cause, with no reported operational or policy disagreement
- Ravi Srivastava, current operations SVP, succeeds Good as CFO and principal financial officer
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 financial and operational results released through website posting
- Exhibit 99.1 contains the detailed earnings release and is incorporated into the filing
Item EX-99.1: Item EX-99.1
- Q2 revenue $618M and net income $203M, supported by $176M commodity-derivative gain
- Adjusted EBITDAX $290M, down from $400M in Q1 and $332M year over year
Item 5.07: Submission of Matters to a Vote of Security Holders
- All eight director nominees reelected for one-year terms, preserving board continuity
- Ernst & Young LLP auditor appointment ratified with 133,829,532 votes for
AI summaries of CNX 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for CNX
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Lally-Green Maureen | G | Sep 24, 2026 | 17,377 | - |
| Lally-Green Maureen | G | Sep 24, 2026 | 17,377 | - |
| DEIULIIS NICHOLAS J | G | Sep 2, 2026 | 528,000 | - |
| DEIULIIS NICHOLAS J | G | Sep 2, 2026 | 528,000 | - |
| Behl Navneet | F | Aug 13, 2026 | 17,297 | $35.38 |
| Behl Navneet | M | Aug 13, 2026 | 39,771 | - |
| Shepard Alan K | F | Aug 13, 2026 | 17,297 | $35.38 |
| Shepard Alan K | M | Aug 13, 2026 | 39,771 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $3.4B | $1.3B | $2.2B |
| Net Income | $1.7B | -$90.5M | $633.2M |
| Net Margin | 50.1% | -7.1% | 28.3% |
| Balance Sheet | |||
| Total Assets | $8.6B | $8.5B | $9.1B |
| Equity | $4.4B | $4.1B | $4.3B |
| ROE | 39.5% | -2.2% | 14.6% |
| Per Share | |||
| EPS | - | $-0.60 | $3.98 |
| Cash Flow | |||
| Operating CF | $814.6M | $815.8M | $1.0B |
| CapEx | $679.4M | $540.3M | $495.0M |
Source: XBRL data in CNX Resources Corp (CNX)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate CNX share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 35 | $2.51B |
| Q1 2026 | 35 | $2.83B |
| Q4 2025 | 32 | $2.56B |
| Q3 2025 | 34 | $2.41B |
| Q2 2025 | 32 | $2.58B |
| Q1 2025 | 30 | $1.93B |
| Q4 2024 | 28 | $1.85B |
| Q3 2024 | 24 | $1.22B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 250 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
CNX filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 28, 2026 | - | - | - |
| 8-K | Sep 22, 2026 | - | Analysis | - |
| 4 | Sep 4, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 6, 2026 | - | - | - |
| 10-Q | Jul 30, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 4 | Jun 22, 2026 | - | - | - |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 4 | May 11, 2026 | - | - | |
| 8-K | May 11, 2026 | - | Analysis | |
| 4 | May 6, 2026 | - | - | |
| 8-K | Apr 30, 2026 | - | Analysis | - |
| 10-Q | Apr 30, 2026 | Mar 31, 2026 | Analysis | |
| SC 13G | Apr 29, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Mar 25, 2026 | - | - | - |
| 8-K | Feb 26, 2026 | - | Analysis | - |
| 8-K | Feb 24, 2026 | - | Analysis | - |
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CNX SEC filings: frequently asked questions
Which institutions hold CNX stock?
As of June 30, 2026, the largest CNX Resources Corp (CNX) holders among the 13F filers tracked by SignalX were BlackRock ($650.7 million), Dimensional Fund Advisors ($301.5 million), State Street Corp ($259.8 million), Vanguard Portfolio Management LLC ($252.1 million), Vanguard Capital Management LLC ($207.8 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was CNX's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), CNX Resources Corp (CNX) reported revenue of $2.2 billion (up 76.8% from FY2024) and net income of $633.2 million. Diluted EPS was $3.98. The figures come from the XBRL data in the 10-K.
What are the main risks in CNX's latest 10-K?
In the 10-K filed February 10, 2026, CNX Resources Corp (CNX) flagged: Regulatory risk from uncertain development timing under SEC Rule 4.10(a) for proved undeveloped reserves exceeding five years, including 320 Bcfe related to Buchanan mine. Macroeconomic exposure to natural gas price volatility, with 2025 realized loss on commodity derivatives of $181M impacting revenues. (AI summary of the Risk Factors section.)
What did CNX report in its latest 8-K?
CNX Resources Corp (CNX) filed an 8-K on September 22, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers). CFO Everett Good stepped down September 17, 2026, mutually and without cause, with no reported operational or policy disagreement.
What are the latest CNX SEC filings?
CNX Resources Corp (CNX) filed its latest 10-K annual report on February 10, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 22, 2026 and a Form 4 insider filing on September 28, 2026.
What is CNX's SEC CIK number?
CNX Resources Corp (CNX)'s SEC Central Index Key (CIK) is 1070412. EDGAR lists every CNX filing under that number.
Ask anything about CNX
The research agent reads CNX's filings, financials, insider trades and 13F holders, then answers with sources.