EOG Resources (EOG) EOG’s Q1 2025 natural gas, NGLs, and oil production were higher than the...
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CNX Resources (CNX)
As expected in Q3 2025, CNX Resources had limited capital activity with no new wells fracked or turned-in-line. The company’s drilling activity in Q3 2025 was focused on a four-well deep Utica pad to advance the company’s Utica expertise. As a result of the reduced activity, capital expenditures and production volumes declined compared to Q2 2025.
CNX Resources resumed frac activities early in Q4 2025, and the company expects to bring on-line seven wells late in the fourth quarter, including three additional deep Utica wells.
The company is slightly increasing its full year 2025 production guidance compared to the prior reporting quarter. The increase is driven primarily by strong well performance from both the company’s legacy assets and the Apex assets acquired earlier in 2025.
