CNX CNX Resources Corp

FY2025 10-K
Filed: Feb 10, 2026
Energy
Crude Petroleum & Natural GasSEC EDGAR

CNX Resources Corp (CNX) filed its fiscal year 2025 10-K annual report with the SEC on Feb 10, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

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
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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
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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
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Financial Summary
XBRL

Revenue

$2.2B

Net Income

$633M

Net Margin

28.3%

ROE

14.6%

Total Assets

$9.1B

EPS (Diluted)

$3.98

Operating Cash Flow

$1.0B

Source: XBRL data from CNX Resources Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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