CNX, US20826F1057

CNX Resources stock falls 1.01 percent as CFO changes take effect

Published on 09/28/2026 at 16:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CNX Resources stock traded at USD 32.46 on September 28, 2026, with a 52-week range of USD 31.47 to USD 43.62. Second-quarter EPS reached USD 1.32.

CNX, US20826F1057, Illustration mit AI erstellt.

CNX Resources stock (ISIN US20826F1057) was trading at USD 32.46 on the New York Stock Exchange on September 28, 2026, down 1.01 percent from the prior close. The immediate company catalyst is a finance leadership change: the SEC filing states that Ravi Srivastava became CFO effective September 17, 2026, after Everett W. Good stepped down.

CFO change puts execution in focus

Srivastava joined CNX in 2010 and previously served as senior vice president of operations, according to the SEC filing. Good will remain a non-executive employee until October 2, 2026, then provide consulting support through the end of 2026.

The transition comes as CNX balances strong quarterly profitability against lower sales. Investors therefore have a concrete operating benchmark for the new finance chief: preserving cash generation while navigating commodity-sensitive revenue.

Quarterly earnings beat consensus

CNX reported USD 618.484 million in second-quarter 2026 revenue and USD 1.32 in diluted EPS. MarketBeat reported that EPS exceeded the USD 0.60 consensus, while revenue declined 35.7 percent year over year.

The comparison is mixed but precise: earnings beat the consensus by USD 0.72, whereas the revenue trend remained negative. CNX's second-quarter net income was USD 202.943 million, producing a 33 percent net margin.

Stock sits near its yearly low

The intraday quote of USD 32.46 stood above the September 28 low of USD 32.43 and below the high of USD 32.82. CNX's 52-week range was USD 31.47 to USD 43.62, placing the stock USD 0.99 above its yearly low.

MarketBeat listed a consensus Reduce rating and an average price target of USD 35.88. That target is USD 3.42 above the September 28 intraday price, while the company had a market capitalization of USD 4.8 billion and volume of 82,991 shares at the quoted timestamp.