CNX Resources (CNX) reported second-quarter 2026 net income of $202.9 million, or $1.37 per basic share and $1.32 per diluted share. Total revenue and other operating income was $618.5 million.
The company reported total production of 151.5 Bcfe in the quarter and average daily production of 1,664.8 MMcfe. CNX maintained its 2026 production guidance at 605 to 620 Bcfe and adjusted EBITDAX guidance at $1.265 billion to $1.315 billion.
- Natural gas, NGL and oil revenue was $389.4 million in Q2 2026.
- Gain on commodity derivative instruments was $176.3 million.
- Net cash provided by operating activities was $279.5 million.
- Capital expenditures were $142.0 million.
- Free cash flow, a non-GAAP measure, was $138 million for Q2 2026.
- CNX said 81% of 2026 natural gas volumes were hedged.
$CNX Insider Trading Activity
$CNX insiders have traded $CNX stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $CNX stock by insiders over the last 6 months:
- BERNARD JR LANIGAN sold 46,119 shares for an estimated $1,872,223
- WILLIAM N JR THORNDIKE sold 28,800 shares for an estimated $1,101,545
- MAUREEN LALLY-GREEN has made 0 purchases and 2 sales selling 23,631 shares for an estimated $933,815.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CNX Hedge Fund Activity
We have seen 195 institutional investors add shares of $CNX stock to their portfolio, and 164 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MFN PARTNERS MANAGEMENT, LP removed 8,350,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $321,892,500
- CAPITAL WORLD INVESTORS added 3,950,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $152,272,500
- CAPITAL RESEARCH GLOBAL INVESTORS removed 3,950,000 shares (-82.9%) from their portfolio in Q1 2026, for an estimated $152,272,500
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 3,776,511 shares (+6057.8%) to their portfolio in Q1 2026, for an estimated $145,584,499
- ADAGE CAPITAL PARTNERS GP, L.L.C. removed 1,400,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $53,969,999
- BLACKROCK, INC. added 1,193,583 shares (+7.1%) to their portfolio in Q1 2026, for an estimated $46,012,624
- STATE STREET CORP added 1,059,102 shares (+17.5%) to their portfolio in Q1 2026, for an estimated $40,828,382
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
