Free Cash Flow Grows At CNX, Despite Current Challenges

  • CNX Resources is focused on maximizing free cash flow, which has driven share buybacks, debt reduction, and growth investments despite recent earnings volatility. The company's recent Apex acquisition and operational efficiencies position it for continued FCF growth, with management raising 2025 FCF guidance to $3.97 per share. Risks include high short interest, hedging losses, and macroeconomic uncertainty, but strong FCF and efficiency gains support a positive outlook.