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CNX Resources set for strong Q1 earnings with $550M free cash flow forecast for 2026

Company Fundamentals
23 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

CNX Resources is expected to report strong Q1 earnings driven by favorable commodity prices and effective hedging strategies. The company forecasts $550 million in free cash flow for 2026, representing nearly a 10% yield at current prices, marking its best performance since the COVID-19 pandemic. Its valuation remains attractive at 6x EV/EBITDA, with a target price of $51 per share and potential re-rating to 8x EV/EBITDA if Q1 results are strong. Risks include natural gas price volatility, weather impacts, and hedging effectiveness, but current fundamentals support a buy rating.

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